Fraud
Bribery Scandals Expose CDL Testing Fraud Across U.S.
Fraudulent CDL schemes in Washington and Massachusetts reveal unqualified drivers passed with bribes.
Freight Tech
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Freight Tech
FreightTech Continues to Attract Funding with Cart.com, Nuvocargo & Cargobot
FreightTech sector maintains investor interest as Cart.com, Nuvocargo, and Cargobot secure $102 million in collective funding for expansion and innovation.
Warehousing
Dexory Raises $19M to Enhance Warehouse Operations with AI & Robots
Warehouse tech startup Dexory secures $19 million in Series A funding to expand its AI and autonomous robot-driven inventory management solution.
Freight Tech
Convoy Downsizing Amid Leadership Change
Digital freight platform Convoy reduces staff and witnesses co-founder Grant Goodale's resignation, as the company adjusts to industry shifts.
Freight Tech
Drivingforce, Backed by Y Combinator, Exits Stealth Mode
Drivingforce, born out of Y Combinator, came out of Stealth mode this week. It addresses unique industry challenges for trucking
Freight Tech
Alvys Secures $6.3M Seed Funding
Alvys, a cloud-based TMS, has secured $6.3M in a seed round led by Bonfire Ventures and featuring participation from
Freight Tech
Rose Rocket Raises $38M in Series B for TMS Expansion
Rose Rocket, a software-as-a-service transportation management system (TMS) founded in 2015, has raised $38 million in a Series B funding
Trucking
Tesla Semi Truck Mass Production Delayed to End of 2024
Owing to battery supply chain issues, Tesla's CEO Elon Musk has announced that large-scale production of the company's electric Semi truck will be delayed until the end of 2024.
Freight Tech
Next Trucking Seeks Sale After Raising Over $124 Million
Sequoia-backed Next Trucking is up for sale amidst a trucking slowdown. With revenues and EBITDA below expectations, it may face a steep discount from its last $500M valuation.
Freight Tech
CloudTrucks Layoffs 40% Of Staff Amid Tough Market
San Francisco-based FreightTech company CloudTrucks, which has raised approximately $142 million since its inception in 2019, has laid off an
Freight Tech
Freight Revolution: The Unveiling Of SuperTruck II
Daimler Truck North America (DTNA) has caused a stir in the freight tech world with its latest innovation – the Freightliner
Freight Tech
Three Exciting Future Technologies In Warehousing
Exciting things are happening for warehouse technology. We’re seeing everything from physical robots to augmented and virtual realities. Recently,
Freight Broker
$2 Billion Spent by Trimble to Buy Transporeon. What Does It Mean? We asked the Expert.
We were curious when we saw that Trimble spent a whopping $2 billion USD on a freight tech company in