Technology

  • Self-driving truck startup TuSimple raises $95 million, breaks “unicorn” barrier

    Feb 13, 2019 — TuSimple will use the investment to grow its commercial autonomous fleet. The company, which claims to run the only fully autonomous semi-trucks capable of driving from depot-to-depot without human intervention, makes daily deliveries in Arizona, and soon in Texas, for large shippers and fleets.
  • Singapore developing standards for seamless digitalisation of shipping trade documents

    Jan 23, 2019 — Singapore is aiming to move forward with the digitalisation of shipping trade documentaton such as Bills of Lading (BLs) by developing standards inter-operability of different solutions that use technology such as block chain.
  • 18-Wheelers At App Speed: An $800M Startup Is Trying To Pull An Uber On The Trucking Business

    Jan 3, 2019 — Trucking is a $700 billion market, and the bill for moving full truckloads in the U.S. runs to more than $500 billion a year. Most trucking is done by contractors, small operators who are desperate to keep their rigs full to cover the financing on those trucks. Transfix is on track to collect $100 million in shipping charges for 2018. It will remit the lion’s share of this gross revenue to people who own the vehicles.
  • Global 3PLs to double down on technology

    Jan 2, 2019 — Logistics software providers are trying to arm shippers with systems that render 3PLs less important. In addition, some ocean carriers are aiming to recapture the supply chain management ground they ceded to 3PLs over the last decade.