🎣 The Broker-Carrier Split
Plus: A Florida trucker charged in a fatal illegal U-turn crash, C.H. Robinson earns back its S&P upgrade, truck OEMs ditch the clean truck pact, and more.
Cargo Sous Terrain' plans underground self-driving pods for freight, aiming to reduce road traffic by 40% and CO2 emissions by 80%.
Tesla proposes to build a $100M charging network for electric semi-trucks, seeking nearly $97M in federal grants and contributing $24M itself.
Waymo pivots from self-driving trucks to ride-hailing, allocating more resources to this sector due to promising commercial opportunities.
A reignited fire in a Nikola electric truck stirs safety concerns and raises questions about potential recalls.
Aurora Innovation completes a capital raise of $820 million, supporting its autonomous trucking venture launch.
Truckstop acquires FreightFriend, utilizing AI to enhance freight matching activities and empower brokers and carriers with streamlined operations.
In a humorous tweet, Reed Loustalot pokes fun at a TMS (Transportation Management System) company that boasted on its website
In response to declining revenues and freight market downturn, Freightos reduces staff by 13% and further lowers its 2023 revenue outlook.
Nikola Corp. delivers a significant number of battery-electric trucks and receives a grant to build hydrogen refueling stations, pushing forward in the zero-emission space.
FreightTech sector maintains investor interest as Cart.com, Nuvocargo, and Cargobot secure $102 million in collective funding for expansion and innovation.
Warehouse tech startup Dexory secures $19 million in Series A funding to expand its AI and autonomous robot-driven inventory management solution.
Digital freight platform Convoy reduces staff and witnesses co-founder Grant Goodale's resignation, as the company adjusts to industry shifts.
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