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Freight
U.S. Department of Transportation Awards $6.67 Million to Rural Freight Technology Project in Kansas
Wednesday, August 10, 2022 FHWA 27D-22Contact: [email protected].: (202) 366-0660 WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today awarded a $6.67 million Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grant to the Kansas Department of Transportation’s Great Plains Rural Freight Technology Corridor Project. The grant will help the project use advanced …
Technology is changing the way freight brokerages operate
Digital brokerages have dominated headlines in recent years, but some old standbys continue to perform. And for some of them, like XPO Logistics (NYSE: XPO), the idea that digital brokerages represent a new way of moving freight masks the fact that many traditional brokerages have remained at the cutting edge, and even in the lead, …
Amazon’s Jeff Bezos invests in UK digital freight forwarder Beacon
(Reuters) – Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment. Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC. The startup, formed by two former Uber Technologies Inc executives two years …
Convoy leans on its technology as Seattle digital freight startup navigates volatile trucking industry – GeekWire
(GeekWire Photo / Taylor Soper) Convoy saw record activity last month on its digital freight network as the COVID-19 outbreak spread and shipper demand soared across industries including beverage, food, retail, and Consumer Packaged Goods (CPG). But other sectors have largely shut down amid the economic stall, reducing the need for its service that facilitates …
How Loadsmile implements technology to reduce wastage in the freight industry
Loadsmile, an Australian-based technology start up is aiming to make the freight industry more sustainable by reducing waste and the amount of unused space in trucks. Geoffroy Henry, CEO and co-founder of the company said 30 per cent of trucks in Australia are on the roads with empty loads and, even if it does have …
Freight forwarder Airspace Technologies relies on round-the-clock machine learning
Most of the time when executives in transportation and logistics cite “machine learning,” it’s little more than a buzzword that evokes vague notions of technology continually improving itself. That was decidedly not the case with Ryan Rusnak, chief technology officer at Airspace Technologies, a time-critical freight forwarder based in San Diego. In a presentation at …
Digital Freight Matching (DFM) Technology Continues to Make Strides
Given the vast number of motor carriers in the United States, it shouldn’t come as a surprise that there are countless options for shippers to secure needed capacity. And depending on the current economic conditions, some times are easier than others for shippers to nail down the space they need. One thing that’s helping shippers of …
Technology is coming fast down the Freight Forwarding Tracks in 2019
Technology is coming fast down the Freight Forwarding Tracks in 2019 A “Freight Forwarder” may be defined as a multi-function agent/operator who undertakes to handle the movement of goods from point to point on behalf of the cargo owner. However, that is about as complete a definition as saying a chair is a four-legged piece …
