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Convoy to Expand Services After $400 Million in New Funding

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, 2019

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, 2019

XPO 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, 2019

Ike 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, 2019

Next 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, 2019

Fleets 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, 2019

Al 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, 2019

Pemex 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, 2019

Truck 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, 2019

As 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