Truckload capacity management platform Parade plans to grow its team, expand its capabilities and add third-party partners to increase its value to customers.
Parsyl closes on $25 million series B while currently monitoring vaccine shipments for 200 million people across 80 countries.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Self-driving technology startup Waabi has introduced its Waabi World simulator, a technology that company founder Raquel Urtasun said is able to “teach” autonomous vehicles how to drive in a safer manner.
With experience from J.B. Hunt, Penske Logistics and Transplace, Mark McEntire looks forward to his new role at procurement and logistics platform Emerge.
Embark Trucks’ connection with Knight-Swift will lead to the installation of high-autonomy software by the end of 2022.
Leverage is an AI-powered cloud platform giving logistics providers real-time purchase order visibility.
Via.Delivery has found that 18% of U.S. consumers use buy-online, pick-up-anywhere services when offered at checkout.
Rishi joined the supply chain SaaS company in 2017.
No. 7 on FreightWaves’ 2022 FreightTech 25 is landing $935 million in a series E round led by Andreessen Horowitz and MSD Partners.
Navistar’s new CEO aligns with parent Traton Group in declaring batteries will be the ultimate solution to zero-emission transportation.
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“There is an urgent demand for new and innovative ways to increase visibility and efficiencies in the supply chain and improve driver experience, and this investment from our new and existing partners is going to power us to fill that need,” says Platform Science co-founder and CEO Jack Kennedy.
“A complete transition to ZET technology would not only help mitigate the impacts of climate change and poor air quality but could eventually lower total cost of ownership for fleets and create job growth in the U.S.,” the report said.
Pitney Bowes’ Nita Lathia becomes head of marketplaces for Passport.
“We’re not looking to replace trains. We’re looking to augment trains with a system that is trying to be competitive as an alternative to trucks,” said Matt Soule, co-founder and CEO at Parallel Systems.
TuSimple advances its commercialization timetable for driverless trucking and adds intermodal freight for Union Pacific at the Port of Tucson in Arizona.
Computer glitches are being blamed for the delay of the Project Infinity rollout that some fear could break up long-standing relationships with carriers.
RenoRun, a last-mile delivery provider of building and construction materials, has raised $142 million in a series B round and announced its expansion to Washington, D.C.
Truckload operator Werner Enterprises is an early evaluator of the latest powertrain technologies, including a hydrogen-powered Cummins engine.
