Workhorse Group raises $25M to fund R&D, completion of electric van
Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.
Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.
The good news is that Evan Armstrong of Armstrong & Associates thinks that U.S. third-party logistics providers’ (3PLs) revenues will grow at a 7.7 percent compound annual growth rate (CAGR) over the next five years, and brokers will become more productive as artificial intelligence automates up to 50 percent of their repetitive tasks. The bad […]
IMAGE: JIM ALLEN/FREIGHTWAVES Guest post by FreightWaves’ Clarissa Hawes The International Roadcheck inspection blitz kicked off earlier this week in North America, but some U.S. truckers reported that scale houses in some states were closed or they were waved through the scales because inspectors were busy reviewing other commercial vehicles. Truck driver Joel Morrow ran […]
FMCSA wants to fill “critical data gap” on loading dock wait times
The highways of Mexico continue to be risky for truckers as cargo thefts rose 6 percent for the first four months of 2019, according to the Mexico City-based National Chamber of Freight Transport (CANACAR). More than 4,130 crimes were committed against cargo transporters from January through March 2019, up from 3,899 crimes for the same […]
North American lighting provider purchases Nashville-based firm specializing in location-based asset management.
We look at the trucking futures forward curve, Morgan Stanley’s index, the Coyote Curve, and projections from Susquehanna.
Mexico had a close shave with avoiding trade tariffs last week, but it is essential for the freight industry to understand the disruption tariffs could create on cross-border trade.
Senior Vice President Michael Zahra replaces co-founder Tony Di Benedetto less than a week after company inks deal with Air Canada.
Data’s role in improving operational efficiency within the freight industry is growing bigger, even as security concerns around keeping data secure is mounting.
The International Roadcheck inspection blitz kicked off earlier this week in North America, but some U.S. truckers reported that scale houses in some states were closed or they were waved through the scales because inspectors were busy reviewing other commercial vehicles.
Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.
FreightWaves’ SONAR chart of the week (June 9, 2019 – June 15, 2019) Chart of the Week: Wait Time (El Paso, Laredo) (SONAR: WAIT.ELP, WAIT.LRD) International trade has been a going concern for any involved in supply chain management over the past year as the current administration continues to impose tariffs on many goods entering […]
Experts say Aussie trucks should be widened a tiny amount… but officials ain’t listening. Also: truck driver funding; fatigue; drugged drivers.
FedEx and Amazon part ways on US air services with both probably the better off for it
Three young executives have taken on new roles at Chattanooga-based Covenant Transport Services. The promotions, effective last month, set the trio up to take on new responsibilities as enterprise-wide leaders.
Guest post by FreightWaves’ Noi Mahoney For the first time in its 168-year history, Port Laredo is number one. Laredo, Texas surpassed Los Angeles, California as the nation’s busiest trade hub, including airports, seaports and international border crossings. Port Laredo did $20.09 billion in trade during the month of March (according to the latest Census […]
FedEx Express terminates its domestic air delivery business with Amazon to focus on broader e-commerce market
Transfix, the venture capital-backed digital freight marketplace based in New York City, announced that Ahmad El-Dardiry joined the company as its new chief revenue officer. El-Dardiry comes to Transfix from a 19-year stint at Intel Corporation, where most recently he managed cloud computing, memory and storage enterprise sales in the Americas, Asia and global industry […]
TranzAct Technologies is the latest company to join the Blockchain in Transport Alliance (BiTA). Read why it has joined BiTA and learn more about the company.