FreightTech Friday: Learn to Win raises $30M, captures the industry’s attention

Enterprise training software provider Learn to Win announced on Wednesday an oversubscribed $30 million Series A raise led by the Westly Group with participation from Norwest Venture Partners and PearVC.The company plans to use the funds to continue building out training platforms for hire-pressure work organizations that can’t easily remove employees from everyday work for…

What does air cargo’s early peak season mean for peak season?

Demand and rates for airfreight transportation continue to soar through the normally soft summer season, powered by the unrelenting strength of e-commerce fulfillment from China and shippers pulling forward orders for the winter holidays to protect against rising costs, capacity shortages and worsening ocean shipping delays. Air cargo volumes remain elevated from major Asian and…

Jury slams Schneider National with $47M ‘nuclear verdict’ in fatal crash

A Georgia jury recently awarded more than $47 million to the family of a 35-year-old owner-operator who was killed in a August 2017 crash involving a former company driver for Wisconsin-based Schneider National Carriers.  “Nuclear verdicts” are described as jury awards in which penalties exceed $10 million. Following a five-day trial, jurors in Cherokee County…

Railroads fear losing out to trucks if California gets its way

WASHINGTON — Major freight railroads and their short-line counterparts raised red flags on Capitol Hill about supply chain consequences of a California regulation aimed at cutting air pollution from locomotives. If the California Air Resources Board is successful in securing approval from the U.S. Environmental Protection Agency, California’s In-Use Locomotive Regulation, adopted by the state…