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Flock Freight’s $60M Series E Funding Success
Freight brokerage Flock Freight on Wednesday landed $60 million in fresh financial backing for its shared truckload (STL) model, saying the new capital will allow it to expand its offerings.The California company says its load-matching…
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Truck fleets on edge as English language rule enforced
U.S.-Mexico cross-border logistics could see “considerable friction” under a recent Trump Administration executive order enforcing existing English-language proficiency rules for commercial truck drivers, according to a report from…
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DHL’s Game-Changing Move: 1,000 Robots to Boost Efficiency
“RFID enables automated inventory tracking beyond line of sight, pallets, and boxes—detecting, identifying, and localizing any item at any stage of the warehouse lifecycle,” Morgulis said in a statement describing the project earlier…
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High Burnout Risk for Logistics Employees
Workers in the logistics sector have the highest burnout risk among U.S. laborers, leading all industries with 20% of workers overutilized and 15% at risk of burnout, according to a study from workforce analytics software provider…
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Optimal Dynamics Secures $40M for Trucking AI Tech
To meet these demands for hyper-personalized shopping experiences that are both convenient and engaging, companies are increasingly turning to technology solutions that are powered by artificial intelligence (AI). The latest MIT Annual…
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Relief for U.S. Businesses with 90-Day China Tariff Pause
Sporadic global trade flows are sputtering back to life after U.S. and Chinese government officials today announced a 90-day pause in a trade war that has triggered a rush of imports and swift changes in the regular flow of…
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Penske Survey: Fleet Operators See AI Returns
To meet these demands for hyper-personalized shopping experiences that are both convenient and engaging, companies are increasingly turning to technology solutions that are powered by artificial intelligence (AI). The latest MIT Annual…
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Relief for U.S. Businesses with 90-Day China Tariff Pause
Sporadic global trade flows are sputtering back to life after U.S. and Chinese government officials today announced a 90-day pause in a trade war that has triggered a rush of imports and swift changes in the regular flow of…
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NRF Forecast: Major Drop in U.S. Port Imports
Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by President Donald Trump on the supply chain increases,…
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Dominican Republic Port to Become Trade Hub with DP World Investment
The Dubai-based ports and logistics operator DP World today said it plans a $760 million expansion of the Dominican Republic’s Port of Caucedo and its Free Trade Zone (FTZ), setting the stage for the country to become a leading…
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