ArcBest Technologies

ArcBest invests $25M in remote vehicle operation tech company

ArcBest putting money to work in technology for remote operated vehicles

ArcBest announced Wednesday a $25 million investment in Phantom Auto, a software company providing remote operation of a variety of vehicle types, including forklifts, robots and trucks.

In addition to leading Phantom Auto’s series B funding round, ArcBest will get a seat on its board, which will be filled by Michael Newcity, ArcBest’s chief innovation officer and head of ArcBest Technologies.

Phantom Auto has raised $64 million in funding since its 2017 launch, according to PitchBook.

The...

https://www.freightwaves.com/news/arcbest-invests-25m-in-remote-vehicle-operation-tech-company

F3 chat: The importance of customer collaboration in building FreightTech solutions

FIRESIDE CHAT TOPIC: FreightTech is all about the customer experience

DETAILS: A discussion on designing and managing winning freight technology solutions.

INTERVIEWER AND SPEAKER: Kevin Hill, executive publisher at FreightWaves, and Michael Newcity, chief innovation officer at ArcBest (NASDAQ: ARCB) and president of ArcBest Technologies.

BIO: Newcity has held several senior leadership positions at ArcBest in his 27-year career with the company. He has led a variety of corporate initiatives in...

https://www.freightwaves.com/news/f3-chat-the-importance-of-customer-collaboration-in-building-freighttech-solutions

FreightWaves LIVE recap: Making complex supply chain innovation more accessible

A screenshot of two men. Each man is facing the camera and having a conversation.

This fireside chat recap is from Day 2 of FreightWaves LIVE @HOME.

FIRESIDE CHAT TOPIC: How technology and innovation are key to navigating today’s supply chain 

DETAILS: Necessity is the mother of all invention and innovation, and the past year is likely to be the seed for hyper-innovation over the next five to 10 years. ArcBest Technologies’ Michael Newcity and FreightWaves Executive Publisher Kevin Hill discuss these innovation seeds in this fireside chat.

SPEAKER: Newcity is the chief...

https://www.freightwaves.com/news/freightwaves-live-recap-making-complex-supply-chain-innovation-more-accessible