2020

No signs yet of the freight market slowing down – FreightWaves NOW

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Article written by Harrison White In the Carrier Update presented by PowerFleet, Zach Strickland points out that tender rejection rates are going up in the Southwest, and in the Rail and Intermodal Update, Mike Baudendistel talks with Anthony Smith about recovery. Original Source: https://www.freightwaves.com/news/no-signs-yet-of-the-freight-market-slowing-down-freightwaves-now

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Blockchain and Transportation: Digitization and Electronic Tracking Ledgers to Transform Trucking

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Article written by Dick Weisinger Deloitte predicts that more than 10 percent of the global GDP will be tracked and stored with blockchain technology by 2025. Kenneth Craig, vice president of McLeod Software, said that “blockchain has extensive promise for every industry. With it businesses can reinvent the very nature of commercial activity, remove intermediaries, and have

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What’s Master Data Management and Why it’s Essential for Supply Chain?

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Article written by Shashin Shah With the proliferation of devices and channels, effective data management has become inextricably linked to customer experience and business growth. Quality, storage, security, and dissemination of key data assets like product data, asset data, customer data, and location data play a critical role in achieving business goals. Ergo, strategizing data

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Coyote Logistics Launches Dynamic Route Optimization to Enhance Supply Chain Efficiency

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New solution aims to reduce uncertainty, provide reliability and streamline operations across the supply chain CHICAGO, July 15, 2020 (GLOBE NEWSWIRE) — Today, Coyote Logistics, a leading global third-party logistics (3PL) provider, expanded its Dynamic Route Optimization program that aims to streamline supply chain operations and reduce uncertainty for carriers by maximizing the efficiency of their

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Navistar to develop self-driving trucks with TuSimple

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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

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Convoy Launches Dedicated Freight for Owner-Operators and Small Fleets Nationwide

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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,

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Last Mile Delivery Market is Booming Worldwide Opportunities with Innovative Business Strategies by 2027 | UPS Supply Chain, DHL, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt, Agility, Ch

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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

Last Mile Delivery Market is Booming Worldwide Opportunities with Innovative Business Strategies by 2027 | UPS Supply Chain, DHL, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt, Agility, Ch Read More »

HubTran integrates with 3PL Systems Inc.’s Brokerware platform

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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)

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Liftit raises $22.5 million to automate last mile in Latin America

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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

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Drivewyze, Intelligent Imaging Systems raise $81.7 million cad from Sageview Capital

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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

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