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SMC3 Adds Volume LTL Pricing API

SMC3, a knowledge hub for LTL transportation pricing data and technology, has added a tool to its platform.

October 18, 2018

UPS’ New Automated Sorting Facility in Atlanta Is Up and Running

ATLANTA — UPS Inc. is looking to the future with its new Southeast Metro Automated Routing Terminal. About the size of 19 football fields, the automated facility can be expanded to increase the 1,700 packages a minute it is able to process now.

October 18, 2018

Freight-Related Startups, Tech Firms Continue to Attract Investment

Interest in freight-related startups and technology continues to grow, as evidenced by several recent investment deals as well as a first-of-its-kind Founders Camp whereby representatives from 20 startup firms met with trucking executives and shippers in Chattanooga, Tenn., to exchange ideas for new products and services.

October 17, 2018

Tesla Secures Land in Shanghai for First Foreign Factory

BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.

October 17, 2018

FreightRover Gets Backing to Launch Freight Payment Service

FreightRover, a company launched a year ago by a former top executive at Celadon Group to provide technology to automate vendor payments, has secured a financing facility of up to $500 million from Crayhill Capital Management and other investors to support a new business that will offer trade finance and freight factoring services.

October 17, 2018

Volvo: ‘Not Clear’ How Many North American Vehicles Are Affected by Component Issue

Volvo Group said it could not yet determine the impact of a faulty component on its North American trucks as it was still evaluating the scope of the problem.

October 17, 2018

Opinion: Strategies for Driving OEM Service, Aftermarket Growth

After years of focusing on supply chain and operational initiatives, equipment makers are now turning their sights to aftermarket and service revenue growth, says Vivek Joshi of Entytle.

October 16, 2018

How Grocer Giant Competes for Your Virtual Shopping Cart

The willingness of consumers to try buying groceries online has helped fuel a fiercely competitive market, and one that analysts expect to grow. The Food Marketing Institute and Nielsen predicted this year that 70% of consumers will regularly shop for groceries online by 2022 or 2024.

October 16, 2018

Volvo Group Uncovers Faulty Component in Emissions Setup

Volvo, the world’s second-largest truckmaker, has uncovered a faulty component in the emissions-control setup of vehicles widely sold in Europe and the U.S., the manufacturer’s biggest markets.

October 16, 2018