Trucking

Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
December 05, 2023  |  Shipping

Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its...

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Flock Freight Offers to Assist White House Supply Chain Efforts
Flock Freight Offers to Assist White House Supply Chain Efforts
November 29, 2023  |  Supply Chain

FreightTech company Flock Freight has released an open letter addressed to Biden administration officials that offers the company’s help in optimizing the nation’s supply chains....

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MaxxChain Employs Blockchain for Faster Trucking Payments
MaxxChain Employs Blockchain for Faster Trucking Payments
November 19, 2023  |  Blockchain

Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by...

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Knowing When Payments Will Arrive as Important as Getting Paid, Says Flock Freight CFO
Knowing When Payments Will Arrive as Important as Getting Paid, Says Flock Freight CFO
November 15, 2023  |  B2B Payments

Change comes slowly first, and then all at once, as the adage goes. And that’s certainly true for the ongoing and remarkable advancements in the...

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Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics
Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics
November 14, 2023  |  B2B Payments

Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said,...

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Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
November 02, 2023  |  Startups

Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support,...

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Report: Flexport Looks to Snap Up Convoy’s Tech
Report: Flexport Looks to Snap Up Convoy’s Tech
October 29, 2023  |  Supply Chain

Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S....

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Digital Freight Startup Convoy Closes Down
Digital Freight Startup Convoy Closes Down
October 19, 2023  |  Supply Chain

Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors,...

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Relay Payments Unveils Automated Freight Payments Tool
Relay Payments Unveils Automated Freight Payments Tool
October 17, 2023  |  Supply Chain

Relay Payments, a FinTech company specializing in modernizing payments for the logistics and trucking industries, has introduced RelayDirect, an automated freight payments tool for brokers....

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