Cargo

PAXAFE Raises New Round of Funding to Mitigate Risks Involved in B2B Shipping with AI-Enabled Contextualization Platform

Friday, April 16, 2021 - 2:00pm

In the last 5-10 years this lack of visibility meant that shippers, logistics carriers and insurance providers had limited shipment data.

Key Points: 
  • In the last 5-10 years this lack of visibility meant that shippers, logistics carriers and insurance providers had limited shipment data.
  • Today the problem is quite the opposite, with an abundance of data from sensors, ELDs and aggregator platforms.
  • "\n"Supply chain visibility brought us here today, but contextualization is the future," said Ilya Preston, co-founder and CEO of PAXAFE.
  • "\nPAXAFE is a venture backed startup that predicts adverse supply chain events to de-risk B2B shipments and enable intelligent cargo insurance.

Polaris Transportation Application Unifies Independent Links in the Supply Chain

Friday, April 16, 2021 - 2:00pm

b'MISSISSAUGA, ON, April 16, 2021 /PRNewswire/ -- An application developed by Polaris Transportation Group called Freightlens was inspired by the company\'s digital platform LiFT (Linked insights For Transportation).

Key Points: 
  • b'MISSISSAUGA, ON, April 16, 2021 /PRNewswire/ -- An application developed by Polaris Transportation Group called Freightlens was inspired by the company\'s digital platform LiFT (Linked insights For Transportation).
  • The platform has multiple layers and unifies independent links to supply chain participants for digital processing.\nPolaris is a transportation and logistics company that provides cross-border shipping of dry goods between the United States and Canada.
  • What sets Polaris apart is its advanced robotics automation.
  • It is the largest privately held Canadian LTL carrier that serves every zip code in the U.S. and every postal code in Canada.

Embark Launches Partner Development Program to Bring Embark Driver to Market

Thursday, April 8, 2021 - 3:00pm

SAN FRANCISCO, April 8, 2021 /PRNewswire/ --Embark, a leading developer of autonomous technology for the trucking industry, launches its Partner Development Program with Werner Enterprises, Mesilla Valley Transportation, and Bison Transport.

Key Points: 
  • SAN FRANCISCO, April 8, 2021 /PRNewswire/ --Embark, a leading developer of autonomous technology for the trucking industry, launches its Partner Development Program with Werner Enterprises, Mesilla Valley Transportation, and Bison Transport.
  • In addition, Embark will provide carriers an autonomous fleet management solution, Embark Guardian, that provides remote vehicle monitoring, dispatching, and access to real-time data such as weather and construction.
  • Together, Embark Driver and Embark Guardian will enable carriers to deploy and manage a fleet of autonomous trucks within their existing networks.
  • As the Embark Partner Development Program progresses, Embark aims to bring on additional carriers, shippers, and freight ecosystem partners to bolster learnings and provide additional scale.

SMC³ Releases Exclusive Hybrid Online LTL Curriculum

Thursday, April 8, 2021 - 2:00pm

ATLANTA, April 8, 2021 SMC, a leading transportation technology solution provider and industry educator, has unveiled its 2021 hybrid LTL online learning education program designed to provide convenient, self-paced learning with access to live industry experts.

Key Points: 
  • ATLANTA, April 8, 2021 SMC, a leading transportation technology solution provider and industry educator, has unveiled its 2021 hybrid LTL online learning education program designed to provide convenient, self-paced learning with access to live industry experts.
  • Beginning in April of this year, the hybrid program curriculum includes exclusive weekly live seminar sessions with industry thought leaders to reinforce key concepts and address real-world challenges.
  • Just like SMC's traditional five course 100% on-demand LTL education format option, online coursework for these hybrid courses allow students to work at their own pace.
  • SMC's online LTL learning is perfect for shippers, 3PLs, carriers, freight forwarders and future supply chain leaders looking to master their LTL knowledge and take their careers to the next level.

Convoy Named 2021 BloombergNEF Pioneer

Thursday, April 8, 2021 - 11:00am

Convoy , the nations most efficient digital freight network, has been named a 2021 BloombergNEF Pioneer , an annual award announced by Bloomberg, the global business and financial information and news leader, recognizing 12 game-changing companies advancing the low-carbon economy.

Key Points: 
  • Convoy , the nations most efficient digital freight network, has been named a 2021 BloombergNEF Pioneer , an annual award announced by Bloomberg, the global business and financial information and news leader, recognizing 12 game-changing companies advancing the low-carbon economy.
  • Convoy is pioneering the movement in efficient freight and were just scratching the surface of what's possible.
  • Convoy is committed to building the most efficient supply chain possible, lowering costs for shippers, increasing earnings for drivers, while saving the environment.
  • Fortune 500 shippers like Anheuser-Busch, P&G, Niagara, and Unilever trust Convoy to lower costs, increase logistics efficiency, and achieve environmental sustainability targets.

Vehicle, Heavy Equipment Haulers Get Relief - Cut Insurance, Fuel Costs through National Vehicle Transporters Alliance

Wednesday, April 7, 2021 - 2:20pm

NVTA levels the playing field for small and mid-sized haulers giving them access to the buying power of larger carriers.

Key Points: 
  • NVTA levels the playing field for small and mid-sized haulers giving them access to the buying power of larger carriers.
  • "We saved over $10,000 on cargo and $35,000 on AL, GL and APD by switching to NVTA's insurance."
  • - Dani Transport
    "United Road saw a dramatic drop-out rate among small and mid-sized vehicle haulers due to Covid," said Jason Walker, Chief Operating Officer, United Road.
  • "One of the important differentiators for NVTA is that it is an alliance built by carriers for carriers," said Walker.

Firmament-Backed Envase Acquires Infosite Technologies, Strengthening Presence in Canada

Wednesday, April 7, 2021 - 2:17pm

"The acquisition of Infosite adds a robust TMS offering serving freight brokerage, OTR, and intermodal customers," said Larry Cuddy Jr., CEO, Envase Technologies.

Key Points: 
  • "The acquisition of Infosite adds a robust TMS offering serving freight brokerage, OTR, and intermodal customers," said Larry Cuddy Jr., CEO, Envase Technologies.
  • "We are incredibly excited to welcome the Infosite team and customers to the Envase family."
  • Infosite will strengthen Envase's presence in the Canadian market, adding several hundred customers and increasing Envase's total customer count to 1,300+ carriers and brokers moving freight across North America.
  • Envase enables its customers to efficiently move freight across ports, rails, yards, warehouses, and end destinations with complete end-to-end visibility.

Road Freight Market in Italy Preparing to Bounce Back After Bad 2020, Says Beroe Inc.

Wednesday, April 7, 2021 - 2:00pm

The road freight market share in Italy is higher by 11 percent compared to other regions in Europe.

Key Points: 
  • The road freight market share in Italy is higher by 11 percent compared to other regions in Europe.
  • While the pandemic has left the road freight transportation services market in a financial crunch, Italy has exempted truck drivers from travel restrictions.
  • These benefits, along with the mentioned challenges, are expected to shape the future of Italy's road freight transportation market.
  • The Italy road freight transport market is the highest in Europe, but rail transportation is coming up as a close competition.

Road Freight Market in Italy Preparing to Bounce Back After Bad 2020, Says Beroe Inc.

Wednesday, April 7, 2021 - 2:00pm

The road freight market share in Italy is higher by 11 percent compared to other regions in Europe.

Key Points: 
  • The road freight market share in Italy is higher by 11 percent compared to other regions in Europe.
  • While the pandemic has left the road freight transportation services market in a financial crunch, Italy has exempted truck drivers from travel restrictions.
  • These benefits, along with the mentioned challenges, are expected to shape the future of Italy's road freight transportation market.
  • The Italy road freight transport market is the highest in Europe, but rail transportation is coming up as a close competition.

IRD Joins Project to Enhance the Reliability and Development of Canada's Prairie and Northern Region Transportation Network

Wednesday, April 7, 2021 - 1:00pm

Canada's vast prairie and northern region relies on roads that must be kept fluid, resilient, and safe for freight transport.

Key Points: 
  • Canada's vast prairie and northern region relies on roads that must be kept fluid, resilient, and safe for freight transport.
  • Major industries in the regionincluding agriculture, petroleum, forestry, and miningcould not function without a reliable and safe road freight transport system.
  • This network is sparse and subject to seasonal changes, making it prone to risks and hazards that can disrupt the overall supply chain.
  • IRD is a dynamic technology company engaged in developing key components and advanced systems for the next generation of transportation networks.