The process of sending bills-of-lading with cargo has changed little in generations, but the problems have remained: BOLs arrive at different times than the cargo, causing delays and added cost. But blockchain could eliminate these expenses and streamline the process.
Shipping hazardous materials is risky. Yet carriers are willing to shoulder the risk of moving them across states, but to do so requires understanding a number of regulations that must be followed.
Trucks drive everyday down the highways of America and no one really knows what’s in those trailers. FreightWaves created this infographic to give you an idea of what could be inside that trailer.
Logis9, a tech-enabled, non-asset based 3PL based in Sunnyvale, CA, that designs customer transportation solutions, announced it has joined as a new member of the Blockchain in Transport Alliance (BiTA).
With all the advances being made in technology, it’s time for state transportation departments to be innovative and forward thinking, but that is not the case, according to the latest edition of McKinsey & Co.’s Voices on Infrastructure report.
JD.com, Alibaba’s closest rival in Mainland China, is pushing to develop 1,000 “new energy logistics” vehicles through its subsidiary JD Logistics, Yicai Global reports.
Despite skeptics insisting on calling it an electrical airplane, Uber would rather call its latest prototypes Vertical Take-Off and Landing (VTOL) vehicles. Jalopnik has just reported the ride-hailing innovator’s deal with NASA to develop VTOLs. Tests are expected to start by 2020.
“Uberization” has become a huge buzzword in the 3PL industry, but the business models of the digital brokers using apps is unlikely to have an impact on the way the industry operates. The technology of smart contracts, however, is a game-changer.
The on-demand trucking service trend has hit France, as Convargo is now seeking to become that country’s “Uber of trucking,” TechCrunch reports. The company, which pitched itself as “a marketplace for shippers and carriers,” has raised $19 million in a Series A round of funding.
The Environmental Protection Agency’s (EPA) SmartWay program has recognized 48 carriers, retailers, manufacturers and logistics companies with its SmartWay Excellence Awards.
C.H. Robinson, a world-leading third-party logistics (3PL) provider, announced today that it has joined the Blockchain in Trucking Alliance (BiTA) to influence the development of blockchain standards and applications in the transportation business.
For the past 15 years, if a carrier needed some assistance getting over a rough time financially, there has been help available from lenders who specialize in transportation finance. One of those companies is Marquette Transportation Finance, which just surpassed a milestone of sorts: It’s lent more than $15 billion to companies large and small.
There were a number of companies that presented new and updated products this past week at the American Trucking Associations’ MCE 2017 conference in Orlando, FL. Here is a rundown of some of those products.
TMW Systems is working on blockchain-enabled products and gave a demonstration and update on how that work is progressing on Friday.
The potential for the hyperloop technology to take the world by storm is growing. Silicon Valley start-up Hyperloop One has finally chosen what the company views as the best areas to build its first hyperloop tracks.
TMW Systems sees enormous potential with blockchain technology, but notes that successful implementation requires a “strong partnership with a technology provider that understands its intricacies and potential applications.”
Blockchain has become the latest buzzword to enter industry lexicon. While many still may not know what it is, it is likely to be a technology that transforms trucking and the way it operates. Fleet Complete is one of the companies that has recognized its potential.
After seeing the fleet-wide fuel economy average climb 3% in 2015, the North American Council for Freight Efficiency (NACFE) says that the increase reported in its Annual Fleet Fuel Study was not as dramatic for 2016.
To solve inefficiencies in the supply chain, project44’s goal since day one has been to focus on the automation, optimization, and visibility of the freight movements by replacing legacy technologies with its “one-to-many” connectivity.
Although some politicians abhor rising GHG levels while others deny that global warming even exists, the general consensus of the private sector is that if corporations don’t get on board with safe environmental practices now, they will quickly fall behind their competitors.
