Freight Industry news and trends

Platforms Speed Freight Industry’s Digital Journey Toward Modernization
Supply Chain // November 26, 2024

All industries are in the midst of a digital shift — but freight and fleet management firms are among those most urgently in need of a movement away from paper-based processes toward digital makeovers. Speedier booking, invoicing and payments benefit supply chains, too: the movement...

Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
Transportation // November 19, 2024

If the pandemic taught merchants anything, it’s that supply chains are only as strong as their weakest link — and trucking carriers are among the most vital of those links. And in Mexico, as in other countries, the trucking industry is dominated by small firms...

Freightos Earnings Show Digital Transformation Driving Traditional Industries
Supply Chain // February 26, 2024

Can even the most traditional industries adapt to digital transformations? For the international freight industry, the answer appears to be yes. Shippers and carriers have gotten a taste of digitization, and they want more of it.  On Monday’s (Feb. 26) earnings call for the quarter...

How AI Is Optimizing Trucking Operations
artificial intelligence // December 29, 2023

A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot of years, but it’s been the past year that the space has been revolutionized,” Jaime Tabachnik, co-founder and CEO at...

Interviews & Exclusives
How AI Is Optimizing Trucking Operations

December 29, 2023
A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot of years, but it’s been the past year that the space has been revolutionized,” Jaime Tabachnik, co-founder and CEO at trucking FinTech Solvento, tells PYMNTS for the “AI Effect” series.  […]

Quick Reads
Transflo Debuts Fuel Payment Management Tool for Trucking Firms

December 03, 2024
Transportation industry solutions provider Transflo has introduced a fuel payment/management solution for trucking companies. The Transflo Wallet Fuel Card, announced in a Tuesday (Dec. 3) news release, is being launched in collaboration with TransConnect Services (TCS) and is designed to help trucking companies save on fuel costs and streamline operations. According to the release, the […]

Mastercard Partners With Stargo For Freight Payments Solution

June 04, 2018
To deliver routing, pricing and payment automation for freight forwarders, Mastercard is partnering with Stargo. With Mastercard’s commercial payment solutions and Stargo’s price optimization engine, freight companies can benefit from a...