Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
Learn why project44 is letting go of 116 team members and how they're adapting to shifting dynamics in the FreightTech industry
Argo AI's founders bounce back, teaming up with SoftBank to start Stack AV, a $1 billion autonomous trucking venture.
Dave Clark's departure from Flexport has ripple effects. Executives out and a company refocus.
The former Amazon exec resigns saying the company's pivot back to the core freight business is better led by founder.
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.
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