FreightTech venture investing is red hot right now, with the industry attracting more capital than ever. Will this end?
Truckstop eases load-matching process with voice-recognition technology.
The company employed 540 drivers and was Camping World’s primary delivery service for RVs
List of titles that founders in the FreightTech revolution should consider
Cold Carriers was formed when KJM equity consolidated Gantt, Sunco, and Interide into a single operating portfolio.
SONAR tracks 30,000 Twitter accounts and 700 terms to look for market risks, developments, and breaking news.
At FreightWaves, we are trying to do our part by bringing transparency and commentary to market issues, including climate footprints, sustainability, and innovation.
As Chief Strategy Officer, Engstrom will oversee the proprietary research, market expert, and enterprise engagement efforts of FreightWaves.
Diesel prices could spike by over 20% overnight due to the market coming to grips with the biggest blackswan event to hit oil in over a decade. On Friday night, while most of the U.S. was settling in for a weekend of high school, college and professional football, the world’s second largest oil producer was […]
FreightWaves has become the number one source of data and market insights in freight for one reason: our people.
There isn’t a driver shortage. In fact, there is a glut of capacity on the road, and not enough freight to haul.
FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves created a FreightTech Venture Index to track the venture capital (VC) investing in FreightTech startups. The term FreightTech is defined loosely as software companies and other technologies that aid in […]
Editor’s note: This story was updated to reflect that the company’s CEO says he is working to bring drivers home. HVH transportation, a 344-unit trucking company, has abruptly shut down. It’s the latest in a string of trucking failures stemming from an economic environment that has put pressure on operating ratios. The Denver, Colorado truckload […]
The trucking apocalypse is upon us, and it has taken its latest victim. This time, it’s a 40-year-old carrier out of California. Timmerman Starlite Trucking Inc. of Ceres, California, announced it would be shutting down, placing 30 employees in the unemployment line effective immediately. Ceres is a suburb of Modesto, California, a mid-sized city 100 […]
Less than truckload carrier LME has suddenly closed its doors.
Small carrier profits are about to be pressured by a large government organization and it’s not the FMCSA, DOT, or CVSA.
With the passage of time and the context it brings, anyone can point to the moment before markets crashed over the last 100 years and say, “see, the signs were there, how did we not see it?”
FreightWaves CEO Craig Fuller assesses current conditions impacting trucking and outlines what is ahead for the industry.
A recent article in Landline Magazine suggested that Truckstop.com’s new VC partner could merge the load board with Convoy or Uber Freight. This is unlikely to happen.
Ben Murphy spent his life using data and technology to push trucking—the industry he loved—into the future.
As the residents on the East Coast prepare for the potential of the largest storm to hit the coast in two decades, logistics professionals should prepare for the disruption it will mean to their networks
As the residents on the East Coast prepare for the potential of the largest storm to hit the coast in two decades, logistics professionals should prepare for the disruption it will mean to their networks
There will be a West Coast gold rush for trucking spot rates. SONAR data is suggesting that trucking spot rates will surge out of Los Angeles, reaching new highs.
In December 2017, XPO was considered an acquisition target by Amazon and Home Depot. We argue that there is a much better fit with this massive and storied trucking operation.
FloraHolland is the world’s largest flower market, creating liquidity for flower growers all over the world.
Technology is set to up-end three of the largest industries that truckers ship for: Retail, auto, and agriculture. All three are under attack from technology forces.
FreightWaves visited the completely automated APM Container Terminal at the Port of Rotterdam, which is faster, safer, and doesn’t lose boxes like a human-staffed terminal.
FreightWaves was the winner of Steve Case’s Rise of the Rest pitch competition that recognizes startups that are out of traditional venture cities. The company plans to use the investment to promote growth and development of the people of Chattanooga.
Every new regulatory regime—whether it’s deregulation, the introduction of hours of service, or the ELD mandate—prompts a fresh wave of creative destruction. Some business models thrive, while others go extinct.
Orders for new Class 8 trucks are surging, but used truck prices and workforce growth are weak, suggesting that overall trucking capacity is staying flat.
One year after launch, FreightWaves takes the top spot for news in the freight and logistics industry according to Amazon’s Alexa.
Our data scientists have revealed the relationship between tender/pick-up lead times, spot rate margins, and volatility in the freight markets.
Our data scientists have revealed the relationship between tender/pick-up lead times, spot rate margins, and volatility in the freight markets.
Trying to wrap your head around blockchain is not easy. No fear- we use college basketball to explain it.
Last Friday, the Blockchain in Transport Alliance (BiTA) decided to keep its standards intellectual property open, to encourage ease of adoption.
Craig Fuller, Managing Director of BiTA, says that blockchain-enabled smart contracts will facilitate more detailed, specialized transactions without the high fees of credit cards.
Truckers in the U.S. deserve better pay, but despite what many think, it’s not the fault of the carriers that they are not getting it. The system is broke and needs to be overhauled.
The industry loves to throw around the term “driver shortage.” But what we really face is an economic opportunity shortage. Fix this and you will fix the driver shortage problem.
“Uberization” has become a huge buzzword in the 3PL industry, but the business models of the digital brokers using apps is unlikely to have an impact on the way the industry operates. The technology of smart contracts, however, is a game-changer.
With the introduction of smart insurance contracts in transportation applications, companies in the freight business could emulate a similar offering to solve some of the major disruption risks involved in carrier service failures.
There are certain practices in trucking that are not above board and cause a lot of strain on the companies in the space. Will the implementation of blockchain smart contracts, these practices could be ended, ushering in transparency and fairness for all involved.
Over the past few days, we have received a large number of inbound requests asking for thoughts on Irma and what fleets can expect. Whenever a major hurricane strikes, logistics relief efforts follow a similar process.
FEMA disaster relief logistics highlights the need for blockchain implementation. Blockchain is an emerging technology that promises to bring transparency and visibility to transactions.