Chain.io has raised $11 million in a funding round to help grow its technology and support base as it seeks to create frictionless supply chain integrations.
“Cash flow and back-office support has always been a large part of what we do. Yet there are so many other ways to help small and midsized carriers better compete in the industry, to not only survive tough market conditions but thrive during the better days as well,” said co-founder and CEO Fritz Owens.
Shippers and carriers are now managing their operations on a single AI-powered transportation management platform with PCS Software.
TriumphPay improves the payments experience with expedited and secure transactions.
It’s the end of the line for Electric Last Mile Solutions as it becomes the first transportation SPAC to file for bankruptcy liquidation.
Alphabet-backed Wing is hoping to expand its drone delivery service in Virginia through the introduction of a public delivery zone.
TuSimple co-founder Mo Chen launches Hydron, an autonomous trucking venture that would use hydrogen fuel to achieve zero emissions.
Some free money from California to buy down the cost of electric trucks remains, but you better hurry to apply.
Embark Trucks and BYD demonstrated what using electricity rather than diesel looked like in drayage with an autonomous truck.
FreightWaves chats with Harris Ligon, founder and CEO of Telegraph, a startup that seeks to streamline rail service data in order to make day-to-day operations smoother.
Waymo Via will reserve billions of miles of future autonomous trucking routes for digital load matching by Uber Freight.
KBX Logistics is using 26-foot autonomous trucks from Gatik to replace some Class 8 routes in Texas.
Aera Technology has introduced new decision-making software that it believes can improve processes and speed common tasks within the supply chain.
Supply chain disruptions can be managed, said Gartner’s Brian Whitlock, but companies need to take a long view and make it a team effort.
CN will implement Wabtec’s precision dispatch system over the next year.
“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.
“The cost of trucking is dramatically going down and we’re hitting a recession that is not going to get any better. It’s surprising how many shippers are running annual bids when they should be running three-month bid cycles on almost all of their lanes,” said Emerge founder and CEO Andrew Leto.
Last Mile Solutions told the Securities and Exchange Commission it is nearly out of cash and could run out of money this month.
Development of 48-volt battery systems for commercial trucks will serve at least three purposes but the most urgent is in helping reduce emissions.
“One of the more challenging aspects of any tech startup is to strategically coordinate the scale of the organization. Working closely with Microsoft will help ensure we are utilizing best practices to develop rapidly without incurring technical debt,” says FetchGoat’s CTO.
