Freight

Third-party food delivery services like Uber Eats and DoorDash have become a part of the fabric of the U.S., with well over 100 million users placing orders on the apps last year. But those companies have begun to realize that delivering from restaurants and convenience stores is just the tip of...

Solvento, a Mexico City-based digital platform providing trucking companies with access to capital, announced Monday it has raised $4.5 million in a fundraising round led by Dynamo Ventures. Other participants included Wollef Ventures and Zenda Capital, along with a $3 million debt facility from...

A leading executive at truckload carrier U.S. Xpress who headed the highly touted Variant initiative has been dismissed. U.S. Xpress (NYSE: USX), in an 8-K filing Monday, said that Cameron Ramsdell had been "terminated." No cause for the dismissal was given. Ramsdell, although identified most...

Merchants Fleet, which has already announced its intention to purchase nearly 18,000 electric vehicles from BrightDrop, is now adding EV step vans from Xos. The fleet management company announced it will order an undisclosed number of vans from the company, with the first 10 delivered in 2022. "...

The elimination of empty miles and adoption of electric vehicle technology are both needed to decarbonize transportation, according to FreightWaves' Tyler Cole and Convoy's Aaron Terrazas.  On this episode of Net-Zero Carbon, Cole, FreightWaves' director of carbon intelligence, sits down with...

The Federal Motor Carrier Safety Administration will be proposing new rules in 2022 affecting ELDs, automatic emergency braking (AEB) systems and roadside inspections, according to the Office of Management and Budget. The Biden administration's latest agenda on regulatory and deregulatory actions...

Companies trying to make their supply chains more sustainable face unique challenges in different areas of the world. Jens Drewes, president at Kuehne+Nagel Asia-Pacific, told FreightWaves about the complexity of sustainability and logistics in the Asia-Pacific region. Kuehne+Nagel International...

To view more FreightWaves infographics, click here. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the...

ALBUQUERQUE, N.M. — Most of the autonomous vehicle pioneers Michael Fleming assembled more than 15 years ago at Virginia Tech to form Torc Robotics are still with the independent subsidiary of Daimler Truck, charged with leading the company to profitable driverless trucks. They face less pressure...

A.P. Møller – Maersk entered an agreement with Hyundai Heavy Industries (HHI) in August to build eight large dual-fuel container vessels, powered by carbon-neutral methanol or very low sulfur fuel oil.  Now Maersk has released a computer-generated image and video of what the vessels will look like...

Forward Air announced Thursday that revenue per shipment accelerated further in November. The metric surged 61% year-over-year during the month in its expedited unit, which includes less-than-truckload, truckload, and final-mile services. That was ahead of the 52% growth rate logged in October....

AxleHire and X Delivery have joined forces to provide last-mile delivery to e-commerce customers in the Chicago area, bringing new delivery options to end consumers of some of the nation's largest retail brands. The new partnership, which has been operational since June in the Windy City, allows X...

Union Pacific and BNSF are both putting on hold requirements that all of their employees be vaccinated against COVID-19.  The railroads had sought to issue companywide mandates because they are federal contractors and as a result, they needed to comply with a September presidential executive order...

To view more FreightWaves infographics, click here. The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the...

The first Airbus A320 passenger plane to be converted to a freighter configuration made its maiden flight Wednesday at an aerospace park in Singapore, the company behind the new design said. Elbe Flugzeugwerke (EFW), a joint venture between Airbus and Singapore's ST Engineering, said the first...