Marine logistics software provider OpenTug announced Friday it has raised $3.1 million in a seed round led by Entrada Ventures with participation by SpringTime Ventures and Stout Street Capital to enhance its technology, expand its sales initiatives and grow its network of United States marine operators. Since its founding in 2019, the company has raised…
The settlement in the BNSF Railway biometrics case in Illinois that was announced in September now has a price tag: $75 million. But the average payout to drivers and other logistics workers who were part of the class action against the railroad will be about $1,000 per person. The class-action suit against the railroad that…
Carriers have faced a range of industry and economic challenges over the past couple of years, forcing many fleets to operate on razor-thin margins. For these companies, the unforeseen maintenance costs and downtime accompanying dead truck batteries could be enough to jeopardize their profitability. The Threat of Parasitic Drain To safeguard their companies against this…
On episode 687 of WHAT THE TRUCK?!? Dooner is talking to Gather AI’s Sean Mitchell about the applicability of warehouse drones, AI, and software in optimizing operations. Gather AI’s software enables drones to fly autonomously through warehouses with no GPS or WiFi to photograph inventory stored in pallet locations. We’ll find out how the largest…
Rio Grande Valley Sugar Growers Inc. recently announced it is closing after 51 years in business, citing dwindling water for irrigation and an ongoing dispute with Mexico over water supplies. The closure will result in layoffs of 435 employees, including 101 company truck drivers, for the sugar-growing operation and mill based in Santa Rosa, Texas….