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Autonomous trucking startup TuSimple goes private (Photo: Jim Allen/FreightWaves) On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80…
Teamsters brass said Monday that less-than-truckload carrier Yellow Corp. has informed them it will be out of money by August if a proposed change of operations isn’t approved. The union, however, says the company has been mismanaged for years and vows to not bail Yellow out again. “Yellow has been unable to effectively manage itself…
In the early days of 2023, shippers are navigating a more favorable national freight market. As last year wrapped with a gradual loosening of capacity and lower spot rates, the industry is settling into a deflationary period. Due to retail sales, manufacturing output, and imports decreasing in Q4, freight demand continued to contract across the…
For the past five years, global shippers have experienced constant disruption from unforeseen events, pushing logistics providers to provide robust solutions for more resilient supply chains. Freight forwarding platforms, real-time visibility and warehouse robotics have emerged to provide shippers with options to operate through the disruptions. Below are three emerging supply chain technology trends to…
The 747 jumbo jet era is over at Qatar Airways. The company’s cargo subsidiary announced that its lone remaining Boeing 747-8 freighter finished its last flight on Friday, arriving at its base in Doha from Barcelona, Spain. Qatar Airways Cargo acquired two 747-8s in 2017 and recently agreed to sell them to UPS. The airline…