Freight.Tech News

Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche verticals it has expanded into recently.

There are currently about 30,000 carriers on the Uber Freight network, according to the company. That number is expected to continue to grow.

In the transportation and logistics circles, blockchain has been an enigma - a technology that holds extensive promise on paper, and yet on the flip side, is extremely hard to implement.

Electric vehicle startup Rivian announced a $700 million funding round led by Amazon (NASDAQ: AMZN) today, February 15. The investment comes after the Michigan-based company unveiled its all-electric R1T pickup and R1S SUV last fall.

Road Hunter, an app that provides tools for truckers, has launched a trip-planning feature on its platform that its active users can use for free.

project44’s Jett McCandless, KeepTruckin’s Ori Franco, Transfix’s Drew McElroy, and Freightos’ Philip von Mecklenburg-Blumenthal were all panelists.

Ike CEO Alden Woodrow and TuSimple chief product officer Chuck Price discuss the value of being the first company to bring a fully autonomous truck to market, the trucking hardware challenge and how to get buy-in from the public and regulators.

Elroy Air is working to expand the reach of expedited logistics by introducing an aerial cargo vertical takeoff and landing (VTOL) system that is designed specifically for carrying medium payload cargo over fairly long range distances.

“It’s all about the cost savings, and, by the way, we’re also using the lowest emission option.”

In partnership with Reliance Partners ...

Telecom operators are terminating cell phone based tracking services, which would be a game changer in the freight industry as many shippers and 3PLs depend on cellphone pings to track freight movement.

The Houston-based startup is run by executives with decades of experience in global logistics, and plans to tackle the oil and gas vertical first.

The nation’s top electricity regulator gives exclusive insight into how the infrastructure behind electric trucks could fuel the coming transportation transformation.

Baraja raised U.S.$35m on the back of its ability to use lasers, prisms and the colors of the rainbow to grant sight to machines. It’s a critical step on the path to helping vehicles drive themselves. Photo - Shutterstock.

Convoy CEO Dan Lewis said that digital brokerage margins would expand until most participants adopted low-cost structure, then start compressing.

Plus One Robotics helps warehousing robots get scene perception, allowing them to identify and pick parcels from a cluttered pile.

The company will use the investment  to grow its commercial autonomous fleet.

Little Rock, Ark.-based company trying to make fuel card processing less costly for truck stop operators.

An intersection in New Jersey has been deemed the worst for truck bottlenecks, plus Nikola Motor may be adding a purely electric truck; GM and Tesla are working together, and FedEx Express signs on to a new cargo terminal.

Visual positioning make make GPS old-school… Learn what UK-based Scape Technologies is doing to bring this technology to market.

TechCrunch reports that SoftBank, a Japanese multinational holding group, has led a $940 million investment in autonomous delivery startup Nuro.

Shippabo has created its own version of a fixed-rate contract, which helps small and mid-sized shippers gain access to direct-to-carrier contracts, allowing them to cut their shipping costs and secure reliable capacity.

Pronto built a high-performing Level 2 solution for commercial vehicles with dynamic throttling, braking, and steering.

Bergevin, Cristol, and Stauffer want to attack fundamental problems affecting the whole supply chain beyond truckload arbitrage.

Stakeholders within supply chains need to realize the potential of blockchain and look to work on pilot programs that can translate into commercial applications a few years down the road.

Zoovu solves issues that consumers face with massive inventory lists on ecommerce platforms, by asking relevant questions and displaying only the curated items that match the preferences of the consumer.

Fleets participating in the TCA Profitability Program (TPP) gain access to benchmarking data that can help them improve operations.

Lots of ideas for federal funding of infrastructure at Capitol Hill hearing, but the “pay-for” question still looms.

Postmates Inc., an on-demand food delivery service, confidentially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).

The compensation is contingent on the company going public or changing ownership, according to GM’s annual 10K filing with the U.S. Securities and Exchange Commission.