Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Truckstop acquires FreightFriend, utilizing AI to enhance freight matching activities and empower brokers and carriers with streamlined operations.
Truckstop, an industry-leading freight marketplace, announced its acquisition of FreightFriend, a cloud-based capacity and freight management solution powered by artificial intelligence. This acquisition further strengthens Truckstop's leadership in matching high-quality freight with reliable carriers. The FreightFriend platform aids carriers and brokers in managing their business relationships, thereby reducing friction and improving freight-matching outcomes. This strategic partnership is expected to greatly improve customer experiences by enhancing the ease and efficiency of freight matching.
Source: PRNewswire
Click here to watch our interview on YouTube. Click here to listen to our interview on Spotify. FreightCaviar hopped on
Key players FedEx and UPS announce new automation partnerships, furthering the conversation on how advanced tech influences worker negotiations.
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.
By Adriana Pulley Locus Raises $117 Million To Advance Warehousing Another win for robots! Locus Robotics, based in Massachusetts, has
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