Drone-delivery technology company Flytrex announced it has raised $7.5 million in Series B funding, according to a Jan. 8 press release. This round brings the company’s total to $11 million.
January 8, 2019Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Logistics Companies Aim to Ease Returns, Keep Costs Low Amid E-Commerce Rise
As the continued rise of e-commerce increases the number of product returns, retailers and shippers are working to ease the returns process to boost customer satisfaction. They’re doing so by turning to logistics providers for technology and services that can optimize their reverse logistics networks and keep costs low.
January 8, 2019Race for Next-Generation Battery Supremacy Has an Early Leader
To deliver an electric vehicle that’s cheaper, safer and capable of traveling 500 miles on a single charge, the auto industry needs a breakthrough in battery technology. Easier said than done.
January 8, 2019Peterbilt Unveils Electric Medium-Duty Truck at CES
LAS VEGAS — Peterbilt Motors Co. has unveiled an all-electric medium-duty truck, adding a third model to its emerging electric-vehicle lineup.
January 8, 2019Opinion: What Shippers Can Expect in 2019
The year 2018 was a record one for freight markets. So what does 2019 have in store? Bob Farrell of GlobalTranz has some thoughts.
January 8, 2019Beth Hendriks Named New Technology Chief at MercuryGate
MercuryGate International Inc., an SaaS-based transportation management system solutions provider, has named Beth Hendriks its new CTO. Hendriks will begin on Jan. 14.
January 8, 2019Midwest States Launch Program to Address Truck Parking Issues
A group of eight Midwestern states has launched a system to inform truckers about parking availability along interstate highways. Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Ohio and Wisconsin launched the Trucks Park Here program.
January 7, 2019Daimler, Bosch Cruise Into Robotaxi Era With Slow Shuttles
Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.
January 7, 2019DTNA Pushes Ahead With Automated Driving, Other New Technology on Flagship Cascadia
LAS VEGAS — Daimler Trucks North America announced SAE Level 2 automated driving will be available beginning in July on its flagship Freightliner Cascadia model, calling it an industry first.
January 7, 2019Elon Musk, Tesla Break Ground on China Plant, First Outside US
After four years of planning, Tesla Inc. finally broke ground on its planned $5 billion factory in the world’s biggest auto market, China. But the timing couldn’t be more inauspicious.
January 7, 2019