Uber Freight is poised to rise quickly in the fragmented freight brokerage business, but there are some factors that could hinder its growth: limited market penetration of digital apps, the Uber Freight app’s weak intelligence into routes and hours of service, and incumbents’ tech investments.
ShipChain, a South Carolina-based blockchain logistics startup, successfully resolved a dispute with the Securities Division of the South Carolina Attorney General’s office. A cease and desist order entered in May was vacated yesterday.
COSCO shipping came under a cyber attack this week, which reinforces the need for comprehensive cybersecurity regulations within the maritime industry as the future moves towards port automation and autonomous shipping.
Amazon spent $21.7 billion in shipping last year – a number which could be reduced if the company took control of its supply chain instead of partnering with 3PLs.
Used truck prices in June were changed little month-over-month, but posted a 15% increase over June 2017, according to ACT Research.
According to CB Insights, “the maritime shipping industry accounts for 90% of global trade and is only now beginning to leverage technology. This shift could have far-reaching impact on retailers, consumer goods companies, manufacturers, and more.” With this important industry in mind, CB Insights hosted a July 24 webinar to “explore how shipping companies and global ports are utilizing automation and blockchain technology to revolutionize the shipping industry,” taking a look at various aspects of the supply chain along the way.
Among today’s highlights: a drop in spot rates, Werner comments on driver availability, Rhode Island collects more than expected
Hyperloop Transportation Technologies (HTT) has inked a deal with the province of Guizhou for creating China’s first commercial hyperloop track.
Leaders from several different safety advocacy groups came together to ask the U.S. Senate to add safeguards to the AV START Act (S. 1885), a bill that addresses autonomous vehicles.
Aside from providing track and trace solutions, Loginext uses machine learning to provide organized logistics and field service management solutions in the most cost-optimized way.
Chainyard, North Carolina’s largest blockchain specialist, announces its alliance with Blockchain in Transport Alliance (BiTA).
Panelists from Redwood Logistics, Slync, the Trusted IoT Alliance, and Flux Protocol discussed the difficulties of pushing adoption of blockchain-powered IoT devices, despite the technology’s obvious potential.
In a speech attacking the very premises of decentralized cryptocurrency exchanges, BitMEX CEO Arthur Hayes laid out what traders really care about, and what makes futures exchanges successful.
Wolf Direct, an emerging U.S. transportation solutions provider has announced their membership in the Blockchain in Transport Alliance (BiTA).
Tesla stocks fell by about 2.5% today after a Needham analyst raised concerns on the increased cancellations of Model 3 cars over different reasons like long waiting times, unavailability of base model and the expiration of the $7,500 credit.
Mack will now offer the Lytx DriveCam safety program as a pre-wire option on Granite models, joining the TerraPro and LR cabover models offering the option.
“I am unaware of anyone using ELD to make these smart matches. We are excited about pioneering this approach that benefits drivers, carriers our economy and our ecology,” Russell Jones, Cargo Chief’s CEO, tells FreightWaves.
As parking spaces take up most of the available land in the central districts of cities, it is time to rethink the way people transit in the cities of the future.
Laboratory grown meat is coming to the market soon, and this could disrupt traditional food supply chains as the trucking industry might haul lesser livestock in the future.
The FedEx Institute of Technology is partnering with Good Shepherd Pharmacy to build a new blockchain infrastructure in Memphis to help get needed cancer medications into people’s hands.
