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Florida Software Firm Optym’s Algorithms are Quietly Transforming Logistics

Optym, founded by President and CEO Ravi Ahuja, considers real life transportation problems, formulates them as mathematical models with large number of variables (often in millions), solves them through sophisticated proprietary algorithms, and then packages the algorithms into commercial-grade software solutions.

February 5, 2018

BNSF Announces $3.3 Billion CapEx Program in 2018

BNSF Railway Co. plans to invest $3.3 billion in capital expenditures in 2018, including $2.4 billion in maintenance projects, according to a budget outline that roughly matches the same spending as 2017.

February 5, 2018

Odyssey Logistics Opens Houston Innovation Center

Odyssey Logistics & Technology Corp. opened an engineering technology center in Houston, a key market for many of the products that the company helps to transport.

February 2, 2018

Port of Virginia to Introduce Appointment System on March 1

The Virginia Port Authority is launching an online trucker appointment system at Norfolk International Terminals beginning March 1, a decision port officials hope will shorten turn times.

February 2, 2018

Canada Wants Electric, Driverless Cars to Factor in NAFTA

Canada wants North American automakers to get extra credit for making cars more environmentally friendly or able to drive themselves as negotiators try to bridge one of NAFTA’s sharpest divides.

February 2, 2018

Descartes Acquires Aljex to Broaden Freight Broker Capabilities

Descartes Systems Group acquired Aljex Software Inc. for $32.4 million, a move that expands the Waterloo, Ontario-based tech company’s services for freight brokers and carriers.

February 2, 2018

How Autonomous Trucks Could Lead to More Driving Jobs, Not Fewer

Self-driving truck developer Uber Technologies Inc. predicts that transfer hubs for longhaul autonomous trucks will increase demand for local drivers, countering perceptions that automation will lead to widespread job losses in trucking.

February 1, 2018

Daimler Expects Heavy Spending on New Tech as Industry Shifts to Autonomous Driving

German automaker Daimler made lots of money last year. That’s a good thing, because the company says it will need to spend heavily this year to keep up with the technological change expected to disrupt the car industry.

February 1, 2018

Self-Driving Cars Need Humans Less and Less, California Data Shows

The robot cars test-driving on California roads seem to need their human overseers less and less.

February 1, 2018