Freight technology

Flock Freight® Ranks No. 29 on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

29 on its fourth annual Inc. 5000 Regionals: Pacific list – the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, and Alaska.

Key Points: 
  • 29 on its fourth annual Inc. 5000 Regionals: Pacific list – the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, and Alaska.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment–its independent small businesses.
  • Complete results of the Inc. 5000 Regionals: Pacific, including company profiles, can be found at inc.com/Pacific starting February 27, 2024.
  • “The honorees in our Inc. 5000 network are the Who’s Who of private companies.

Trigent AXLR8 Labs for Transportation and Logistics Unveils the Path to Brand Brilliance, Elevated ROI, and Customer Value

Retrieved on: 
Wednesday, January 31, 2024

SOUTHBOROUGH, Mass., Jan. 31, 2024 /PRNewswire/ -- Trigent, a leading US-based technology services provider, launched Trigent AXLR8 Labs for the Transportation and Logistics Services - A tech enabler that combines Trigent's domain and technical expertise to help Transportation and Logistics companies move freight faster and smarter.

Key Points: 
  • SOUTHBOROUGH, Mass., Jan. 31, 2024 /PRNewswire/ -- Trigent, a leading US-based technology services provider, launched Trigent AXLR8 Labs for the Transportation and Logistics Services - A tech enabler that combines Trigent's domain and technical expertise to help Transportation and Logistics companies move freight faster and smarter.
  • Trigent AXLR8 Labs for Transportation and Logistics is a unique service offering.
  • With its Everything-as-a-Service (XaaS) model, Trigent AXLR8 Labs for Transportation and Logistics:
    Streamlines last-mile delivery and route planning by leveraging GenAI.
  • Trigent AXLR8 Labs for Transportation and Logistics will enable organizations to enhance transparency, create new business models, streamline operations, and improve customer satisfaction."

Flock Freight® Wins 2024 BIG Innovation Award for its Shared Truckload Solution, FlockDirect®

Retrieved on: 
Wednesday, January 10, 2024

Flock Freight ®, the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, today announced that its guaranteed, terminal-free shared truckload solution, FlockDirect® , has been named a winner in the transportation category of the 2024 BIG Innovation Awards presented by the Business Intelligence Group.

Key Points: 
  • Flock Freight ®, the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, today announced that its guaranteed, terminal-free shared truckload solution, FlockDirect® , has been named a winner in the transportation category of the 2024 BIG Innovation Awards presented by the Business Intelligence Group.
  • As a result, in 2023 Flock pooled over half a billion pounds of freight – a 7x increase since 2020,” said Lu Saenz, Chief Technology Officer at Flock Freight.
  • “We are thrilled to be honoring Flock Freight as they are leading by example and improving the lives of so many.”
    Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards.
  • Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.

Freight Technologies, Inc. Announces Strong Q3 Preliminary Earnings

Retrieved on: 
Tuesday, November 14, 2023

This growth highlights the company's strong performance in its target cross-border and Fr8Fleet segments.

Key Points: 
  • This growth highlights the company's strong performance in its target cross-border and Fr8Fleet segments.
  • 27% Year-over-Year Margin Increase: Based on preliminary numbers, the company's year-to-date margin continued its significant improvement trend, recording a 26.8% increase compared to the year to date third quarter of 2022.
  • Rock-Solid Financial Foundation: The company's financial position continues to provide a solid foundation for future growth initiatives and strategic investments.
  • As we move forward, we remain committed to being a pioneer in the digitalization of the largest commercial border on the planet."

Flock Freight® Pens Open Letter to U.S. Department of Transportation Advocating for a More Efficient and Resilient Supply Chain

Retrieved on: 
Wednesday, November 29, 2023

The letter aligns with this week’s recommendations from the Biden administration and underscores Flock Freight's ongoing contributions to strengthening the supply chain, lowering costs for families, and helping Americans get the goods they need.

Key Points: 
  • The letter aligns with this week’s recommendations from the Biden administration and underscores Flock Freight's ongoing contributions to strengthening the supply chain, lowering costs for families, and helping Americans get the goods they need.
  • “Right now, one out of every two heavy duty trucks is running half empty.
  • Equating to roughly 25% of wasted space, that’s a market failure that’s terrible for businesses, carriers and the planet,” said Oren Zaslansky, Founder and CEO of Flock Freight.
  • Flock Freight’s unique shared truckload alternative to traditional shipping modes, FlockDirect® , actively addresses this issue by optimizing truck capacity through shared shipments, utilizing proprietary algorithms to efficiently fill trucks' empty spaces.

Gatik Named to Fast Company’s Annual List of the Next Big Things in Tech

Retrieved on: 
Tuesday, November 28, 2023

Gatik , the leader in autonomous middle mile logistics, announced today that the company has been named on Fast Company’s prestigious Next Big Things in Tech list in the Robotics and Automation category.

Key Points: 
  • Gatik , the leader in autonomous middle mile logistics, announced today that the company has been named on Fast Company’s prestigious Next Big Things in Tech list in the Robotics and Automation category.
  • “Gatik’s unique autonomous driving technology for the middle mile is optimizing the supply chain for the biggest names in North America," said Gautam Narang, CEO and Co-founder of Gatik.
  • “The Next Big Things in Tech is not just a look around the corner—it's a look around the corner after that,” says Brendan Vaughan, editor-in-chief of Fast Company.
  • Gatik has also been acknowledged by Fast Company on the 2023 List of the World’s Most Innovative Companies and on the 2022 List of World Changing Ideas .

Flock Freight® Named to the 2024 Newsweek Excellence 1000 Index

Retrieved on: 
Monday, November 27, 2023

Flock Freight ®, the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, is proud to announce its inclusion in Newsweek’s Excellence 1000 Index .

Key Points: 
  • Flock Freight ®, the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, is proud to announce its inclusion in Newsweek’s Excellence 1000 Index .
  • This comprehensive index recognizes companies spanning over 25 industries and 100 categories, who have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings.
  • "The Newsweek Excellence 1000 Index takes a 360-degree look at companies, assessing what their employees say about the company, how customers view their products, and how well the business is run regarding safety, sustainability, diversity, and innovation.
  • “We are honored by Flock Freight's inclusion in Newsweek's inaugural Excellence 1000 Index.

ArcBest Named a 2024 FreightTech 25 Most Innovative Company

Retrieved on: 
Wednesday, November 15, 2023

ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that the company has been named to the prestigious 2024 FreightTech 25 , ranking No.

Key Points: 
  • ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that the company has been named to the prestigious 2024 FreightTech 25 , ranking No.
  • “ArcBest’s innovative spirit is a strong part of our company’s culture, and we aren’t afraid to disrupt ourselves and our industry,” said Judy R. McReynolds, ArcBest chairman, president and CEO.
  • FreightWaves revealed the winners of the 2024 FreightTech 25 on the final day of the F3: Future of Freight Festival held November 9, 2023, in Chattanooga, Tennessee.
  • Nominations were narrowed down from the FreightTech 100, announced in September 2023, and then voted on by a peer group of CEOs, industry leaders and investors to select the FreightTech 25.

FourKites Recognized for Innovation and Disruption in FreightTech 25 Awards, Seven Years Running

Retrieved on: 
Wednesday, November 15, 2023

For the rare stalwarts like FourKites, the list is “a special testament to resilience,” as reported by FreightWaves .

Key Points: 
  • For the rare stalwarts like FourKites, the list is “a special testament to resilience,” as reported by FreightWaves .
  • “I’m honored to be named again to the FreightTech 25,” said FourKites founder and CEO, Mathew Elenjickal.
  • “At its core, FourKites is committed to an ironclad partnership with our 1,200+ customers to solve their most challenging supply chain problems.
  • Partners span dozens of the world’s leading technology companies, systems integrators and IoT/hardware providers.

Plus Earns No. 2 Spot on Prestigious 2024 FreightWaves FreightTech 25 List

Retrieved on: 
Tuesday, November 14, 2023

Plus , a global autonomous driving software provider, has been honored with the second-highest ranking on the 2024 FreightTech 25 list recognizing the most innovative and disruptive companies in the transportation industry.

Key Points: 
  • Plus , a global autonomous driving software provider, has been honored with the second-highest ranking on the 2024 FreightTech 25 list recognizing the most innovative and disruptive companies in the transportation industry.
  • “We are delighted to receive the industry recognition and the continued validation from leading global OEMs, Tier 1s, fleets, infrastructure providers and global technology companies as their autonomous driving software partner of choice.”
    Inclusion in the prestigious FreightTech 25 list affirms the global deployment momentum and progress Plus has achieved in the past year.
  • Starting public road testing with IVECO of the jointly developed next-generation highly automated trucks in Germany.
  • Companies on the 2024 FreightTech 25 list are selected because of their innovative and disruptive contributions to the transportation industry.