Seattle-based startup Flexe has laid off 99 workers, about 38% of its workforce, according to a filing in Washington state. Officials for the on-demand logistics and warehousing firm said the layoffs were due to “ongoing market volatility in the logistics industry driven by continued macroeconomic uncertainty. While we have a very strong cash position, it…
Craig Fuller, CEO and founder of FreightWaves, has joined the board of directors of Repowr, a Chattanooga-based FreightTech company pioneering the largest commercial trailer marketplace in North America. With Repowr, asset-based fleets, brokers, shippers and owner-operators can tap into the Universal Trailer Network (UTN) to seamlessly exchange trailer capacity. The Repowr platform supplements existing fleet…
A California-based third-party logistics company, which had 34 power units and 33 drivers, filed for bankruptcy liquidation on Thursday. Wise Choice Trans. Corp., headquartered in Hayward, California, filed its petition in the U.S. Bankruptcy Court for the Northern District of California. The 3PL, which was founded in 2009, offered final mile, less-than-truckload and full truckload…
Paul Mijnen, the CEO of Ink Invent, suggests Lidar has a dark secret. Vehicles coated in metallic paint largely blend into the background. Less than 1% of the surface is […]
Ottonomy — a business built on a network of delivery robots — is looking to transform hyper-local deliveries using an autonomously controlled mobile storage locker. The SAE Level-4 four-wheelers are […]