MyCarrier, a freight shipping platform for small and midsize shippers, has raised $22 million in a Series B funding round.
Nikola founder Trevor Milton’s fraud trial begins Monday, Sept. 12, in the U.S. District Court for the Southern District of New York.
Boa Logistics aims to “create heavier densities heading in the same direction, ultimately making a more efficient revolving supply chain for the carriers in our network.”
How is it that California, the world’s fifth-largest economy and the state most autonomous trucking startups call home, refuses to allow commercial testing of the technology?
In a Q&A with FreightWaves, Shifl CEO Shabsie Levy says of current general rate increase global shipping practices: “It essentially incentivizes chaos and disruption but yet doesn’t play in anyone’s favor.”
“Inflation has spiked aggressively, you have rising fuel costs as well and we recognize that sometimes two days or longer may still be too long to wait,” says Convoy co-founder Grant Goodale.
Omar Singh details the shipper TMS integrations and partnerships that have taken Surge to end-to-end automation.
IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.
The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”
While the focus is on Gatik’s self-driving technology, plenty of work goes on behind the scenes to secure state approvals for on-road operation.
The second FreightWaves Autonomous and Electric Vehicles Summit will feature leaders in autonomy and all things electrification.
Rusty Rush not only operates more truck dealerships than anyone on the planet, he also knows technology. And he has opinions on just about everything. So, buckle up. It’s Rush hour.
Locomation has an eight-year agreement with Stevens Trucking to operate autonomous relay convoys on four interstate routes.
“FedEx is not just making an investment. They are also rightly identifying tracking and visibility as vital areas in the supply chain,” says Cambridge Capital’s Benjamin Gordon.
Flexport is taking a page from Amazon’s growth model. The logistics provider just hired its third executive from the Amazon tree.
Hyliion Holdings is buying generator technology from General Electric Co. that can make electricity from a variety of mixed fuels.
When it comes to drone delivery, some states are better prepared than others. Here are all of them ranked.
Kodiak Robotics snagged a strategic investment and is developing an autonomous truck service project with Pilot Co.
Supply chain visibility company FourKites has introduced a big upgrade to its end-to-end platform.
He regards the technology as not just the next generation of business process tools after the TMS, but something more akin to the revolutionary jump from traditional phones to smartphones.
The startup will hit an $11 million annual run rate in September.
Cummins will integrate Gatik’s autonomous vehicle technology with its own drive-by-wire software for use on Isuzu Class 6 FTR box trucks using Cummins’ B6.7 engine.
TuSimple told federal officials about the crash of one of its supervised autonomous trucks and temporarily grounded its fleet. But it neglected to inform its partner, Navistar.
Flexport has tapped another Amazon veteran for its leadership ranks as the logistics company moves to the next level of growth.
Daimler Truck is exerting greater influence over independent subsidiary Torc Robotics by bringing in its own CEO.
Netradyne’s Ryan Knight says fleets should identify their pain points before choosing a camera solution.
Walmart announced a new high-tech consolidation center in Pennsylvania, creating up to 1,000 jobs, will open soon.
A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding.
EV maker Arrival, which has a 10,000 van order from UPS, said it would only produce 20 vehicles this year, down from an estimated 400 to 600 just one quarter ago.
According to an email sent by FourKites founder and CEO Mathew Elenjickal and acquired by FreightWaves, the board of the Chicago-based company has requested a full “product portfolio review to align with market realities.”
Hyliion still depends on its hybrid electric booster for its revenue, but the orderbook expanded 11% for the Hypertruck ERX in Q2.
Uber Freight shares their road map to autonomous trucking; what procurement says about the economy; freight story of the year so far on WTT
Trucking compliance solutions company co-founder Hunter Yaw explains the “today costs” of compliance programs.
Hyzon Motors, which went public a year ago in a merger with a blank check shell company, is the latest electrification startup in trouble.
Supply chain technology provider Trimble reported transportation revenue of $150 million for the second quarter.
Nikola Corp. losses widened in Q2, but adjusted per share earnings and revenue topped estimates as deliveries rose.
TuSimple CEO Xiaodi Hou responded to a federal safety investigation that raised concerns about a potential setback to its driverless truck technology.
“Terra is the largest transportation solutions company … that you’ve probably never heard of,” said the founder and chief operating officer of Terra Worldwide.
Netradyne’s Nick Grome dives into the power of positive feedback through the Driver•i dashcam.
Schneider is joining fleets testing highway autonomy, starting commercial pilots in supervised Aurora Innovation trucks this week.
Unsure that financially struggling Romeo Power could keep supplying batteries for its electric trucks, Nikola is buying the company.
With Parade and Tai Software, Concept Logistics is well armed to face the ever-changing freight landscape.
“Most customers are trying to decrease their costs per load when it comes to visibility tools of cold chain and perishable shipments. Tive Tag delivers exactly what they need at drastically lower costs,” said Tive’s vice president of global marketing.
“We see TaaS as something more than leasing, something more than rental. We see it as a way we can create custom solutions for different digital partners as they try to maximize their business,” said Wabash President and CEO Brent Yeagy.
Union Pacific on Wednesday enlisted Wabtec to modernize 600 locomotives to improve fuel efficiency, reliability and haulage ability.
Kodiak Robotics is taking a simpler approach to mapping highways for autonomy, focusing on connectivity over detail
Walmart has announced a partnership with Platform Science to equip the retailer’s private truck fleet of 12,000 drivers with telematics tablet devices.
Like a mechanic, we maintain and repair moving parts of your transportation machine; we don’t drive the machine, we fix it.
Produce shipper WP Rawl has found PowerFleet’s solution to have a surplus of benefits.
With over $170 million from investors, executive leadership from legacy companies and a restructured plan for long-term growth, Emerge’s leadership is looking forward to continuing its core mission of modernizing procurement processes.
New leaders, an electrification push and Scania influence mark the first year after the Traton’s $3.7 billion takeover of Navistar.
“This allows Samsung to set a new bar of service levels for logistics customers, and Vizion supports this through hyperfocus on enhanced visibility technologies,” said Kyle Henderson, co-founder and CEO of Vizion.
The Biden administration is launching an advisory panel to identify ways to integrate automation across transportation modes.
While many expect digital freight to disintermediate the broker, MVMNT has other plans in store.
Drivers find the fleet camera system to be more of a wingman than a watchdog.
Canoo Inc. in May said its survival was iffy. With Walmart’s order of 4,500 electric delivery vehicles, the near term looks brighter.
To date, drivers have completed 45,000 loads and have earned over $75 million using CloudTrucks’ solutions, according to co-founder and CEO Tobenna Arodiogbu.
Twin SPAC backer ArcLight Capital is investing $50 million in a truck-as-a-service business that handles Class 1-8 vehicles.
Outrider, an autonomous distribution yard developer, is readying a robotics kit that would allow shippers to automate operations.
NewRoad Capital Partners leads Series B investment in cloud fulfillment platform Logiwa.
Today, many in the trucking and logistics industry are looking to improve reliability, reduce costs, and decrease their carbon footprint to deliver against rising customer expectations.
Just as shippers and carriers vary in size and complexity, so too should the technology that automates their processes.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Tribal aims for Latin American SMBs using blockchain and crypto; Nuvocargo starts a service aimed at streamlining invoicing and payments; a Japanese air conditioning manufacturer plans a $230 million plant in Mexico; and Mexican seaports handled 9.8% more loaded containers in Q1.
The management shakeup at TuSimple has become a full management house cleaning. Hyliion sees early benefits following Cummins’ partnership.
Nikola will keep trying to pass a proposal to increase the number of authorized shares by pressing company stock owners to vote their proxies..
With changes accelerating and investment pouring in, freight forwarders need to start digitizing now to remain competitive and thrive in the imminent digitized logistics environment.
The company specifically runs its fleet on Interstate 5 using proprietary technology to relay drivers.
Nikola founder Trevor Milton will be tried in September rather than July after a new fraud charge led to a plea for more time.
Baton eliminates 25% of its workforce to pivot its business model to focus on its artificial intelligence transportation management software for drop-freight operation
Meet Juliette, the laundry company founded by Rechelle Balanzat that’s using logistics to take its business to new heights.
Nikola founder Trevor Milton has been irritating the company he once led since leaving in September 2020.
With the country navigating a weakening economy, companies industry wide are struggling to hire and retain drivers.
The NHTSA has approved the Einride Pod autonomous vehicle for on-road operation.
With the right technology, fleets can confidently weather any storm.
As CalArk grew its local delivery fleet, it realized drivers could not take advantage of a short-haul exemption from ELD rules with current technology. So it built a new system.
Union Pacific is seeking to extend its tests on wheel temperature detectors, but the Transportation Trades Department disagrees with the way UP wants to deploy the technology.
FedEx and FourKites are going global with a partnership that will launch a new supply chain intelligence platform, FourKites X.
G Squared is to provide Transfix with financing and more capital.
Columbus, Indiana is the very definition of a company town. And it owes its vitality to Cummins Inc.
As the economy corrects itself, where does VC stand?
The feds released a first-time report aimed at developing a clearer picture of autonomous vehicle safety.
Blackstone Group, one of the premier New York investment groups, is putting $130 million on fintech/freight tech firm PayCargo.
Chain.io has raised $11 million in a funding round to help grow its technology and support base as it seeks to create frictionless supply chain integrations.
“Cash flow and back-office support has always been a large part of what we do. Yet there are so many other ways to help small and midsized carriers better compete in the industry, to not only survive tough market conditions but thrive during the better days as well,” said co-founder and CEO Fritz Owens.
Shippers and carriers are now managing their operations on a single AI-powered transportation management platform with PCS Software.
TriumphPay improves the payments experience with expedited and secure transactions.
It’s the end of the line for Electric Last Mile Solutions as it becomes the first transportation SPAC to file for bankruptcy liquidation.
Alphabet-backed Wing is hoping to expand its drone delivery service in Virginia through the introduction of a public delivery zone.
TuSimple co-founder Mo Chen launches Hydron, an autonomous trucking venture that would use hydrogen fuel to achieve zero emissions.
Some free money from California to buy down the cost of electric trucks remains, but you better hurry to apply.
Embark Trucks and BYD demonstrated what using electricity rather than diesel looked like in drayage with an autonomous truck.
FreightWaves chats with Harris Ligon, founder and CEO of Telegraph, a startup that seeks to streamline rail service data in order to make day-to-day operations smoother.
Waymo Via will reserve billions of miles of future autonomous trucking routes for digital load matching by Uber Freight.
KBX Logistics is using 26-foot autonomous trucks from Gatik to replace some Class 8 routes in Texas.
Aera Technology has introduced new decision-making software that it believes can improve processes and speed common tasks within the supply chain.
Supply chain disruptions can be managed, said Gartner’s Brian Whitlock, but companies need to take a long view and make it a team effort.
CN will implement Wabtec’s precision dispatch system over the next year.
“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.
“The cost of trucking is dramatically going down and we’re hitting a recession that is not going to get any better. It’s surprising how many shippers are running annual bids when they should be running three-month bid cycles on almost all of their lanes,” said Emerge founder and CEO Andrew Leto.
Last Mile Solutions told the Securities and Exchange Commission it is nearly out of cash and could run out of money this month.
