Convoy’s intentions for putting a recent $400 million package of additional investment capital to work are straightforward — keep expanding its digital freight business through more machine learning, more automated loads, and more drop-and-hook arrangements.
November 19, 2019Search
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Yamato Transport Rolls Out Electric Vehicles for Parcel Delivery Near Tokyo
Yamato Transport Co. unveiled on Nov. 19 what it says is a greener, compact, driver-friendly electric truck that may offer hope for coping with the acute labor shortage in Japan’s door-to-door parcel delivery industry.
November 19, 2019XPO Robots Assist UK Workers With Holiday Volumes
XPO Logistics has increased its use of robots in the United Kingdom in anticipation of holiday retail volumes, the Connecticut-based company said in a Nov. 19 news release.
November 19, 2019Ike Maintains Automation Will Add Truck Driving Jobs
Automated trucks developer Ike has a message for those behind the driver’s wheel of an 18-wheeler now: Automation can be complementary, not competitive.
November 19, 2019Next Trucking to Expand App With Drayage Loads
Digital freight broker Next Trucking announced it concluded a beta program that allowed qualified independent owner-operators and small-fleet drivers to access port loads directly through Next’s mobile app.
November 15, 2019Fleets Grapple With Question: How Many Subscriptions Do We Need?
Trucking executives are increasingly confronting the same proliferation of decisions that vex consumers who are shopping for online video services — to subscribe or not to subscribe?
November 14, 2019Al Gore’s Fund Leads $400 Million Deal With Convoy
In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.
November 13, 2019Pemex Faces Payment Problems After Cyberattack Shut Down System
A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.
November 12, 2019Truck Delivery App Wins Saudi Funds to Expand in Middle East
Trukker, a digital marketplace for land freight based in the United Arab Emirates, has raised one of the largest initial rounds of capital for a startup in the region.
November 12, 2019As L.A. Ports Automate, Some Workers Are Cheering On Robots
The arrival of robots at the Port of Los Angeles is exposing a stark economic divide between two sets of Southern California workers.
November 7, 2019