Technology

School buses qualify for a lot of incentives to go electric, but are the vouchers and grants enough to make a difference?

“Investors have shifted from a growth-at-all-costs mindset to focus on the path to profitability and scalable growth. No startup, not even the rocket ships of logistics technology, will be immune to these trends,” says project44 founder and CEO Jett McCandless.

Embark Technology, an early leader in autonomous trucking software development, becomes part of Applied Intuition in a $71 million deal.

Nikola has a minimum of 180 days to get its share price above $1 or it could be delisted from the Nasdaq.

Freightos, an online reservation portal for freight shippers, is adding users, but heavy development costs and a weak shipping market make it difficult for the startup to reduce losses.

Lordstown Motors dodged delisting from the Nasdaq by a reverse stock split, but its future remains murky.

“We want [global shipping] to be self-explanatory, easy to navigate and easy for you to find the answer you are looking for,” says Maja Bernstein, vice president of industry relations at Fluent Cargo.

Convoy’s co-founder and CEO suggests that FreightTech offerings have paved the way to disrupt fragmentation with a new model of shipping: the hybrid carrier model.

The outsourced logistics arm of FedEx is opening up the way it shares data on electronic bookings for air cargo with a major customer.

Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.

FreightTech providers are examining disruptive global shipping modifications that would be detrimental without AI’s support.

Autonomous trucking software developer TuSimple will cut 300 more jobs and keep China operations it had planned to spin off or sell.

Cummins wants its filtration business to stand alone, but the engine and power distribution company will keep at least 80.5%.

ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.

“Ditat allows us to see the full picture immediately, and if detailed information is required we can pull the required reports and dissect it further,” Silver Trucking’s Behaija Dzananovic said.

Intramotev will use the $200,000 grant to test and deploy three self-propelled rail cars in the Upper Peninsula of Michigan in late 2023.

Former Daimler Truck North America CEO Roger Nielsen will become chairman of Proterra Inc. (Photo: Daimler Truck North America)

Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure.

Once the flywheel that is electric trucks gets spinning, there will be no slowing it down. But as former college football coach Lee Corso is fond of saying on ESPN Gameday: “Not so fast, my friend.” Taking it easy on electric trucks A wire cage inside the Peterbilt assembly plant in Denton, Texas, allows entry […]

Four supply chain-focused firms have secured a combined $70 million in funding amid a sluggish investment market.