In 2013, chemical engineer Paramvir Sandhu was working on new formulations for the Armor All/STP Products Company when an “entrepreneurial itch” led him to the trucking industry. He decided to start a trucking company, WF Logistics, with his cousin who had attended the same master’s program at Colorado State University. Their company was generating “a […]
On the heels of one of the best years in the company’s history, Daimler Trucks North America plans to continue efforts to diversify its North American parts distribution strategy and leverage global Daimler resources to develop and introduce new technologies related to connectivity, electrified powertrains and automated driving. Driven largely by 46,000 orders for the
Triple T Transport, a third-party logistics and transportation management firm, has gone live with Smart Capacity, a next-generation freight matching and carrier connectivity platform from Trucker Tools. Over the past several months, Triple T conducted an evaluation of freight-matching and trucker connectivity portals as part of a strategic technology assessment. At issue was a decision
The rise of logistics startups in the freight industry over this decade has been nothing short of game-changing – both in increasing operational efficiency and also in easing the way business is done. Industry front-runners comprising the who’s who in the logistics space are jumping on the technology bandwagon as they see vast dividends in
Convoy, backed by billionaire tech pioneers Jeff Bezos and Bill Gates, and Uber Freight, an offshoot of the globally disruptive ride-sharing giant, are trying to grab a slice of the fragmented US truck brokerage market, taking different routes to lure skeptical drivers and capacity-hungry shippers. The two technology startups are attempting to persuade US shippers
Daimler Trucks North America (DTNA) is launching a new digital platform for its contracted freight carriers in the United States to match them with the company’s spot loads using a customized version of an app developed by Loadsmart. “To manufacture trucks, we need carriers to deliver components and parts to our plants,” said Lori Heino-Royer,
NEXT Trucking announced a $21M series B round of financing to expand the “trucker-centric” online freight marketplace it launched two years ago. Lydia Yan, chief executive of NEXT Trucking, says the extra resources will be used primarily for new product development and talent acquisition for sales and operations. The company has approximately 10,000 owner operators
In 2018, the pressures on truck capacity picked up right where they left off. Spot market rates climbed to record levels in December 2017, according to the DAT Freight Index. DAT Solutions also reported nine loads were available for every truck in its network — its highest monthly average in history. Smart Capacity is a
Call it the Internet of Things, the Sharing Economy, a result of the ELD mandate, but with the emergence of blockchain-style applications we are witnessing a digital gold rush when it comes to technologies bent on improving supply chains. (Photo/Shutterstock) Given the early nature of blockchain technology, corporations and consortia all across the globe are
ELD provider KeepTruckin has a new strategic alliance with Coyote Logistics, a UPS company and third-party logistics service provider, wherein Coyote will be offering KeepTruckin’s FMCSA-compliant ELD system to over 40,000 carriers in its network. Although the ELD mandate has been implemented on December 18, 2017, it has been estimated that nearly 28 percent of truckers are