Digital intermediaries like Uber Freight, Convoy and Transfix have entered the freight brokerage market to enhance its efficiency and create cost savings for shippers while opening new lanes of cargo for carriers to scale and grow their business. A new…
Freight markets have entered the second year of peaklike conditions, and there aren’t many signs on the horizon of a material letup in the current dynamics: supply chain dislocation, equipment shortages, labor challenges, astronomical freight rates and an ongoing need…
Autonomous trucking software developer Embark Trucks is collaborating with system-on-a-chip maker Nvidia Corp. to handle the enormous amount of data its plug-and-play autonomous software system generates. Embark is at least the second autonomous trucking company to tap Nvidia, which is…
Xos Inc., which makes medium- to heavy-duty electric trucks, said Monday it has sold 120 medium-duty trucks to 35 FedEx Ground independent service providers (ISPs) in five states. The trucks are expected to be delivered in the fourth quarter and…
The weekly Department of Energy/Energy Information Administration price took a small dip this week even as broader market prices are in the midst of a significant slide. The benchmark price, used as the basis for most fuel surcharges, declined 0.3…
A multimillion-dollar 2019 judgment that CRST won against Swift over the issue of its hire of hundreds of drivers has been overturned on appeal, with the appellate court citing a decision last year in a separate case in which CRST…
The Surface Transportation Board has determined that it will review Amtrak’s request to restore Gulf Coast service, dismissing calls by Class I railroads CSX and Norfolk Southern to deny the request because of concerns about how the passenger rail service…
Demand for truck capacity remains high but the lack of qualified drivers to meet the need is even greater. Elevated consumer spending has resulted in a peaklike freight market for more than a year now, and the reasons why driver…
International shipping giant DHL is ceasing development of its Parcelcopter delivery drones, according to a Monday report in German publication WELT. That halts the company’s nearly decadelong quest to become a leader in the emerging drone industry. ”We are not…
On today’s episode Dooner and The Dude are talking to VIAHART CEO Molson Hart about building and running an educational e-commerce toy company. Hear the trials and tribulations of selling online via Amazon, Walmart, eBay and more. Plus, what do…
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