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
EDMONTON, Alberta–(BUSINESS WIRE)–Intelligent Imaging Systems Inc. (IIS) and its wholly owned subsidiary Drivewyze Inc., the leading providers of safety and efficiency solutions for the transportation industry in North America, announced today the close of a $60 million (USD) minority financing by Sageview Capital, a growth capital firm investing in leading tech-enabled businesses. This new investment
Article written by Louis Navellier © Source: Sundry Photography / Shutterstock.com Dark brown delivery truck featuring the United Parcel Service (UPS) logo While the novel coronavirus pandemic took a toll on the transportation sector, it actually boosted the e-commerce market. United Parcel Service (NYSE:UPS) is entrenched in both of those sectors. As a result, UPS stock has faced both headwinds
Article written by Aaron Hurst A recent Information Age and Information Builders roundtable discussed how the transport and logistics sector is harnessing the power of data The roundtable, conducted virtually, focused on how the transport and logistics sector could get the best out of data. Transport and logistics, more than ever, is harnessing the power
Pilot Freight Services (Pilot), a worldwide provider of transportation and logistics services backed by ATL Partners and British Columbia Investment Management Corporation (BCI), was recently ranked among the Top 75 Green Supply Chain Partners by Inbound Logistics. The ranks were compiled by Inbound Logistics editors who select the top 75 supply chain partners leading the
Article written by Brian Straight Davis succeeds Chris Henry, who has led inGauge platform that powers TPP since its beginning When Chris Henry conceived the idea of benchmarking financial and operational data for trucking companies in North America, he faced resistance. “Those first 90 days were full of rejections, specifically focused on ‘It will be