In the world of news, disasters and wars garner headlines for a while, which fuels anxiety and, as a result, increases supply chain uncertainty and freight rates. But after a certain point, once the news cycle exhausts the angles and the disruption is part of the norm, it becomes part of the background noise. Society…
Loadsmart and SONAR have worked together for years to improve pricing accuracy and optimize freight procurement. The initiative started in 2020 as a way to help shippers and carriers better understand market rates and move away from the guessing game that comes with blindly using load boards. Today, Loadsmart continues to grow its solutions for…
Platform Science, a provider of connected vehicle solutions, announced on Tuesday a significant milestone in its growth journey, securing $125 million in funding aimed at bolstering its presence in the commercial trucking sector. Participating in this round are existing investors 8VC, NewRoad Capital Partners, and Prologis Ventures (NYSE:PLD), joined by new backers Activant Capital, Manhattan…
LOUISVILLE, Ky. — The exhibit hall at the Omni Hotel here was filled in mid-February with booths representing airlines, logistics providers, airports, truck delivery companies and technology vendors marketing their capabilities to industry peers attending the AirCargo 2024 conference. The stall with a handful of ABX Air pilots from the Teamsters union stood out. Pilots…
Less-than-truckload carrier Saia announced Monday the opening of two new terminals, which is part of a previously disclosed $1 billion capital plan for 2024. The new locations are in Garland, Texas, and Missoula, Montana. The Garland location will be the company’s fourth terminal in the Dallas-Fort Worth market, while the Missoula site will be its…