Plus: An English-only CDL bill picks up steam, net details on FMCSA's broker crackdown, a Mexico tariff workaround, and more in today's newsletter.
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Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
Startup Terminal raises $3.1M in seed funding, aspiring to be trucking's Plaid with its Unified API for better data integration and fleet management.
Flock Freight's proposal to the USDOT advocates for a more efficient supply chain, focusing on reducing freight space wastage
Hyliion Holdings Corp. makes a strategic move, exiting the Class 8 electric powertrain business to concentrate on the fuel-agnostic Karno stationary generator.
Convoy Inc. seals a deal for its tech stack, which includes its driver app, automated price matching, and more.
VC funding in freight tech dries up in 2023 after massive investments during the pandemic period of 2020-2021.
Navigating the future of trucking: KargoBot unveils its autonomous truck fleet, while Volta Trucks faces challenges in the electric HGV market.
Most people polled believe Convoy's closure is good for the industry.
Transfix secures $40M Series F at a 60% down round, from $940M to $376M valuation.
Uber Freight's latest innovations include a revamped TMS, a game-changing procurement tool, and deep AI integration that's turning heads.
Flexport, a freight-forwarding giant, is in turmoil as CEO Ryan Petersen aims to stabilize finances, leading to a 30% workforce cut. An expert predicts a challenging future.
Key players FedEx and UPS announce new automation partnerships, furthering the conversation on how advanced tech influences worker negotiations.
Zerobroker's $6.5M brings the company closer to reshaping logistics by cutting out brokerage fees, offering a direct link between shippers and truckers.
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