TuSimple may sell autonomous truck business in China to boost share price
TuSimple’s stock price has tanked in recent weeks, and a published report says the autonomous truck developer may sell its China business unit.
TuSimple’s stock price has tanked in recent weeks, and a published report says the autonomous truck developer may sell its China business unit.
“We realized we don’t need to make the carrier give us that information to let them see our loads. Instead, let’s give the carriers a platform where they can search loads, even bid on them, without having to provide us all of that info,” Zuum’s product manager told FreightWaves.
Wiliot’s Steve Statler breaks down the company’s V2 pixel and Universal Automation Platform for Modern Shipper.
MVMNT’s complete freight management platform gives you control over your freight without the disproportionate cost of a traditional TMS.
The $12 million from Level Equity draws the previous biggest investment in WorkHound, which was just over $2 million.
TriumphPay takes the hassle out of carrier payments, allowing brokers to focus on what they do best.
“Prompt is the leading logistics technology company with all the major global data privacy and security certifications — GDPR, ISO27001 and SOC 2 — meaning that we can, and have, met the requirements of even the most stringent IT departments,” says Prompt CEO Robert Petti.
Nikola is asking shareholders to dilute their investment by authorizing 200 million new shares of the electric truck maker that could raise $1.5 billion.
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The cost curve is pointing downward in the production of green hydrogen, according to the head of a company that builds fuel cells.
Startup Kodiak Robotics is the first to run regular autonomous loads to Oklahoma in a partnership with Ceva Logistics.
FreightWaves SONAR API/Tai TMS customers have a new method to get FreightWaves TRAC and SONAR Capacity Lane Score data.
On the new app, users will log in to an updated timeline of FreightWaves content and have the ability to comment, like and share with contacts and other social media sites.
The supply chain “can have a huge impact on improving the state of the world,” says
project44 COO Vivek Kundra.
Adoption of this technology is part of Egypt’s 2030 Vision, a long-term strategic plan to achieve sustainable development across economic, social and environmental sectors. Since adopting the initiative in 2020, Egypt has remained the only country in the Middle East and North Africa to avoid economic recession.
“With TriumphPay handling payments for all stakeholders at each stage of the post-load payment journey in a secure and transparent fashion, carriers, brokers, factors and shippers will have more time to focus on other important business decisions,” said Melissa Forman, senior vice president and chief strategy officer at TriumphPay.
Focusing on growing Emerge’s capacity, Ramsdell wants to offer Fortune 500 drop-drop freight to small and midsize carriers.
Hyper rail systems could transport containers to and from ports quickly, according to WickedHyper’s CEO.
The TaxiBot is not an autonomous taxi for city travel. It’s a robot vehicle that pulls aircraft to the runway.
TuSimple’s leadership succession plan was known inside the autonomous trucking startup, but the unexpected timing rattled investors.