Founder and former CEO of Forager Matt Silver announced Monday the start of Cargado, a new venture aimed at creating a seamless platform for U.S.-Mexico cross-border logistics. The startup, which has already secured $3 million in pre-seed funding, “will address the unique challenges of moving freight between the U.S. and Mexico using innovative new technology,”…
Will 2024 bring a definitive end to the current freight recession? That’s certainly the hope of the freight market writ large. Many carriers and brokers hobbled through 2023, and those still operating are anxiously awaiting any sign that pricing power is swinging back in their favor. There are some indications that’s starting but not yet…
The defamation battle between Chicago’s two big supply chain visibility players — project44 and FourKites — continued Wednesday as the case moved from the 1st Judicial District Appellate Court of Illinois to the Illinois Supreme Court for a review of the state’s laws. The dispute originates from emails sent in May 2019 and involves accusations…
Drivewyze, known primarily for its weigh station bypass technology but which has expanded in numerous other safety-related areas, is adding a free notification offering to its services. Drivewyze Free rolled out earlier this month and provides real-time notifications on a wide range of road condition data to electronic logging devices, tablets, phones and other connected…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nearshoring forecast to boost US-Mexico trade in 2024; Texas receives $70M grant for hydrogen fuel stations; automotive manufacturer announces $400M factory in Mexico; and Texas logistics park receives $1.5M grant to expand services. Nearshoring forecast to…