Article written by Nick Carey (Reuters) – Truck maker Navistar International Corp (NAV.N) has bought a minority stake in TuSimple and aims to co-develop self-driving trucks by 2024 with the technology company as it rolls out a national U.S. autonomous freight network, the two companies said on Wednesday. Self-driving technology for freight trucks has attracted […]
July 2020
SEATTLE–(BUSINESS WIRE)–Convoy, the nation’s most efficient digital freight network, today introduced dedicated freight, providing every owner-operator and small fleet carrier equal access to predictable work and income. This nationwide offering enables carriers to bid on dedicated freight contracts that can last up to 6 months, within the Convoy mobile app, reducing time spent securing individual loads,
The Latest 2020 Research Report on “Last Mile Delivery Market” Size and Future Growth | Industry Segment by Applications, Type, End-Use Industry, And Region, Market Demand, Latest Trends, Last Mile Delivery Industry Share & Revenue by company, Company Profiles and Forecasts up to 2027. The report entitled “Last Mile Delivery Market“ shares an in-depth perspective
Article written by Jack Glenn Back-office automation platform HubTran has announced a partnership with 3PL Systems Inc., creator of the Brokerware transportation management software for freight brokers and logistics providers. The integration allows 3PL Systems users to automate manual back-office processes and reduce operating costs using HubTran’s artificial intelligence (AI), optical character recognition (OCR) and machine learning (ML)
Article written by John Paul Hampstead Last week, Liftit, the Colombia-based freight tech startup automating last-mile logistics in Latin America, announced that it had closed a $22.5 million Series B round led by Cambridge Capital, with participation from IFC, monashees, Jaguar Ventures, NXTP Ventures and others. Liftit estimates that the “short distance trucking market” in
Article written by Isabelle Kirkwood Edmonton-based Intelligent Imaging Systems (IIS) and its subsidiary, Drivewyze, which develops safety and efficiency solutions for the transportation industry in North America, have closed $81.7 million CAD ($60 million USD) in funding. This brings Drivewyze’s total funding to date to $136 million CAD ($100 million USD). “Our strategy is to leverage
Spot van rates averaged $1.80 per mile nationally in June, up 21 cents compared to May. The rate increase is indicative of a seasonal surge in freight posted on the DAT One load board network. (Courtesy: DAT Solutions) PORTLAND, Ore. — Spot market rates and volumes increased across all equipment types as economic demand returns
Article written by Khyathi Dalal Blue Bird (BLBD -0.1%) awarded a transportation management services contract to Transplace, logistics technology and services provider, in order to reduce its school buses ownership cost and thereby route money to classrooms. It will provide strategic over-the-road capacity, with intermodal and truck brokerage capability, including cross-border customs and logistics services across North America for Blue Bird. Transplace’s
Premier managed transportation provider chosen for its ability to deliver service and cost outcomes via its innovative global logistics platform DALLAS–(BUSINESS WIRE)–Transplace, the premier provider of logistics technology and services, today announced Blue Bird (NASDAQ: BLBD), the leading independent designer and manufacturer of school buses, awarded it a new transportation management services contract. Transplace will provide strategic
Collaboration will integrate C.H. Robinson’s Navisphere® and Microsoft Azure cloud technologies to make real-time visibility possible in supply chains and accelerate innovation in transportation EDEN PRAIRIE, Minn. and REDMOND, Wash., July 14, 2020 /PRNewswire/ — C.H. Robinson and Microsoft Corp. on Tuesday announced they are joining forces to digitally transform supply chains of the future by combining the power