At times, innovation is born out of curiosity, as inquisitive minds look for ways to simplify dated processes. Often, however, it arises from necessity, driven by the need to compete on a global scale. Technology solutions provider Speedcargo was formed in response to necessity and has made global headlines for its work to provide scalable…
Having laid off more than half its U.S. workforce and turned its attention to China, autonomous truck software pioneer TuSimple is taking steps to exit the U.S. market it once led. The move follows months of turmoil in the boardroom that stained its reputation. It includes exploring a sale of its U.S. operations. A TuSimple…
With questions swirling around the fate of the nation’s third-largest less-than-truckload carrier, Yellow Corp., industry analysts have started looking at which carriers stand to benefit the most if the company fails. Seemingly running out of options, Yellow (NASDAQ: YELL) filed a $137 million lawsuit against the Teamsters union on Tuesday. The suit alleges the union…
Connectivity has become a hot topic in the logistics industry. Shippers are increasingly embracing integrations as a way to connect with partners, save money and automate tasks. That means brokers are being pushed to up their integration game. Bitfreighter CEO, Brad Perling, founded the company with the goal of helping brokers scale integrations and provide…
The U.S. Department of Transportation has awarded a combined $33.5 million to build new truck parking facilities in Texas and Louisiana as project sponsors find ways around a lack of dedicated funding pools for such projects. A truck travel plaza in Caldwell County, Texas, was awarded $23 million from DOT’s Rebuilding American Infrastructure with Sustainability…