AI is coming to trucking. Can it fix factoring for carriers?
Outgo believes that traditional factoring has failed to deliver for carriers.
Modern Shipper covers the gig economy, including same-day, on-demand, and last-mile delivery jobs and services. Readers will find current news on gig economy companies, gig economy workers, gig economy data and trends. In addition, Modern Shipper focuses on e-commerce, e-commerce platforms and companies, and e-commerce services and technologies.
Outgo believes that traditional factoring has failed to deliver for carriers.
E-commerce giant Amazon.com Inc.’s North American sales increased 9% year over year to $95.5 billion in the third quarter.
Amazon Air is looking to make money from its in-house cargo airline by renting out aircraft, including those operated by Sun Country Airlines, to shippers.
Fleet managers are turning to new AI-driven Drowsiness Detection technology, which shows that 77% of drowsy driving events are detected by behaviors other than yawning alone.
UPS’s financial performance bounced back in the third quarter, but it flagged macroeconomic weakness and in-store shopping as potential headwinds for fourth-quarter volumes.
Backers of California’s AB5 independent contractor law have scored a fresh victory after the U.S. Supreme Court declined to review the Postmates/Uber case.
One of the primary ways Netradyne advocates for drivers is by giving fleet managers a holistic view of their driving habits, highlighting praiseworthy, safe choices they make every day.
The first-ever Freight Fraud Awareness Day, taking place on Tuesday, aims to unite the supply chain community in tackling schemes like double brokering and cargo theft, which have seen a 400% rise since 2022.
The general aviation airport in Gary, Indiana, is expanding cargo infrastructure to help UPS. There is also a Field of Dreams mentality: Build it and other cargo carriers will come.
Freight coordination platform Cartage has raised $3.3 million in a funding round led by Y Combinator. The company, founded by industry veterans, is using AI to streamline logistics without forcing brokers, shippers or carriers to change their preferred communication methods.
As the Southeast attempts to return to normalcy in the wake of Hurricane Helene and prepare for Hurricane Milton, which is expected to make landfall near Tampa, Florida, Wednesday night, drone operators are filling a critical niche in disaster response and recovery.
Amazon’s cargo airline is welcoming shipments from logistics companies and other businesses as it tries to better utilize a private fleet originally dedicated to supporting its own e-commerce sales.
Former Amazon and Flexport executive Dave Clark has launched Auger, a $100 million-backed logistics software startup aimed at optimizing supply chain decision-making for midsize to large businesses by using AI and automation.
With a focus on charger reliability, accessibility and user experience, Charli 2.0 introduces one-tap charging, real-time station availability and installation solutions.
Wing delivery drones will soon collect orders from Serve Robotics’ autonomous sidewalk robots, forming an autonomous, multimodal delivery network.
A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
A Transportation Intermediaries Association report says the freight industry is “under siege” from fraud and must evolve to fight the ballooning problem.
Evigence’s Oria Malka speaks on how technology helps the cold chain limit emissions and improve shelf life.
U.S. Rep. Dave Joyce is spearheading an effort to have the Department of Homeland Security do more to combat organized retail crime in America.
Workers who build Boeing aircraft will go on strike Friday after spurning a deal recommended by their union.