FBX Report: June 16, 2021
To learn more about FreightWaves SONAR, click here.
To learn more about FreightWaves SONAR, click here.
Record heat continues to scorch the West in areas where drought is widespread and wildfires are burning. Since Saturday, record highs in the 90s and triple digits have been set in cities large and small in California, Arizona, New Mexico,…
Autonomous trucking software leader TuSimple is running six months ahead of schedule in building out the first phase of its autonomous freight network, and should reach Charlotte, North Carolina, and Orlando, Florida, by the end of the year. TuSimple Holdings…
PHOENIX — From a minimalist cockpit-style cab with nearly every function visible on a 17 1/2-inch display monitor to whisper-quiet battery-electric operation and a turning radius that could jackknife a typical semi, the Nikola Tre daycab is no enhanced computer…
Freight payment platform PayCargo has received a $125 million follow-on investment from private equity firm Insight Partners to help fund its expansion into new markets, with a focus on security and data protection. The Series B investment announced Tuesday is…
Lordstown Motors Corp. (NASDAQ: RIDE) is forging ahead with its battery-electric commercial Endurance pickup truck despite ousting its founder, CEO and chief financial officer following a “going concern” filing last week with the Securities and Exchange Commission. The startup that…
This is an excerpt from Medically Necessary, a health care supply chain newsletter. Subscribe here. The report: The White House released a report last week that examined vulnerabilities in the pharmaceutical supply chain and offered recommendations to fix those problems. The…
Virtual trucking company CloudTrucks has rolled out Road to Independence, a program for experienced drivers looking to transition to owner-operators. The company has partnered with Premier Truck Group, CrossRoads Leasing and OTR Leasing to create lease-to-own programs to help drivers…
This episode is sponsored by Surge transportation. Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and a chance to be a…
This episode is brought to you by DDC FPO. DDC is a business process outsourcing provider that specializes in freight. Perhaps best known for Freight Billing, DDC recently launched IT Outsourcing to help supply chain stakeholders hit development milestones without…
Recent Comments