SmartHop, an early-stage startup offering a dispatch solution for small carriers, on Tuesday announced its partnership with Redwood Logistics, a third-party logistics company. The companies will integrate Redwood’s API with SmartHop’s solution to streamline and increase opportunities for drivers and shippers. “Nearly 90% of the trucking industry is powered by small carriers, yet the support […]
Uber (NYSE: UBER) is handing over its troubled self-driving vehicle unit to Amazon-backed Aurora as the tech giant continues to unload unprofitable business divisions and the industry moves away from robotaxis to autonomous trucking and food delivery. As part of the equity deal, Uber will invest $400 million in Aurora and get a 26% stake […]
Electric vehicle startup Xos Trucks has inked a deal with Dickinson Fleet Services involving the purchase of five medium-duty, zero-emission, fully electric service trucks. Under the order, the electric truck company will build and deliver five medium-duty vehicles that DFS, headquartered in Indianapolis, will dedicate to servicing electric vehicle fleets as well as traditional diesel […]
Renewable natural gas (RNG) is having a moment, and California, naturally, is at the epicenter. In 2020, a company that sells renewable natural gas to California medium- and heavy-duty trucking fleets can charge as much as $10-$12 per diesel gallon, according to Cliff Gladstein, president of Gladstein, Neandross & Associates (GNA), a leading clean transportation […]
Helping small businesses compete with the Amazon (NASDAQ: AMZN) e-commerce juggernaut has become more than a cottage industry, as dozens of technology companies create platforms aimed at helping retailers and direct-to-consumer sellers put in place reliable, easy-to-use inventory, transportation and delivery management systems. One member of that club is Stord, an Atlanta-based startup that closed […]
ShipMonk, an online fulfillment and technology solutions company, has completed a $290 million growth equity round as the global e-commerce surge shows no signs of abating. Growth investor Boston-based Summit Partners led the round, which represents a minority stake in the Fort Lauderdale, Florida-based startup. As part of the deal, Summit Partners Managing Director Christopher […]
The pandemic is leaving its mark on the real Christmas tree market with an apparent uptick in sales, a compressed selling season and direct-to-consumer deliveries that are replacing some retail or Christmas tree lot purchases. Shipping costs also are on the rise, as freight capacity remains tight and rates soar. Nationwide, Christmas tree sales this […]
The EV Fleet Savings Calculator allows businesses with medium- to heavy-duty fleet vehicles to explore EV investment estimates based on fleet sizes, infrastructure, budget and other factors.
The Alphabet-backed startup is opening a R&D facility for trucking in Menlo Park, California
The company pools multiple less-than-truckload shipments onto one truck.
FLEXE connects warehouse providers with excess capacity to retailers and brands in need of flexible fulfillment solutions.
Design as a profession is a relatively new animal for the freight industry, which has focused on assets and operations, less so on how a given TMS might look, function and respond to a range of users. Part of the professional challenge has been geographical, Andrew Berberick, co-founder of Baton, a freight-tech company based in […]
Rumours of diesel’s death under the incoming administration are greatly exaggerated, industry advocates say.
The weight of an electric semi truck battery has been a longstanding conundrum for electric vehicle advocates, as conventional wisdom posits that it would need to be so dense and heavy as to displace cargo, putting the trucks at a disadvantage compared to diesel competitors. The range of an electric battery is the other big […]
Full Truck Alliance is an investor in Plus, an autonomous trucking company rolling out a Level 3 truck in China starting in 2021.
A New York startup builds an AI model of the global supply chain.
One of the world’s largest OEMs to back California and Biden transportation electrification goals
VectoIQ, the company that led the reverse merger with Nikola, led the raise, according to Forbes.
Autonomous delivery company Gatik partners with Canada’s largest supermarket to deliver goods from distribution centers to retail stores.
BlackRock leads a Series C round in the digital freight company, with participation from TFI International and Maersk