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UAW strike-caused losses rack up to nearly $4B so far

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With no end in sight to the United Auto Workers strike, the losses to the auto supply chain and...

https://www.freightwaves.com/news/uaw-strike-caused-losses-rack-up-to-nearly-4b-so-far

Scheduling Standards Consortium releases API tech standard

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ORLANDO, Fla. — The Scheduling Standards Consortium (SSC) announced Monday that it has accomplished...

https://www.freightwaves.com/news/scheduling-standards-consortium-releases-api-tech-standard

Flipturn swims into fleet electrification integration

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How do some FreightTech startups come up with such catchy names? Sometimes it’s as simple as...

https://www.freightwaves.com/news/flipturn-swims-into-fleet-electrification-integration

Loadsmart acquires NavTrac to bring computer vision to yard management

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FreightTech platform Loadsmart announced Thursday it has acquired yard and asset management provider...

https://www.freightwaves.com/news/loadsmart-acquires-navtrac-to-bring-computer-vision-to-yard-management

Zerobroker raises $6.5M to bring shippers closer to carriers

FreightTech platform Zerobroker announced Wednesday it has raised a $6.5 million seed round to support the company’s technological and customer growth as it aims to bring shippers and carriers closer together.

The round saw participation from freight forwarder Flexport, FundersClub, Streamlined Ventures and other undisclosed contributors. The company has raised close to $7 million since being a part of YCombinator’s (YC) winter 2021 cohort.

The Zerobroker product launched in February to oversee...

https://www.freightwaves.com/news/zerobroker-raises-6-5m-to-bring-shippers-closer-to-carriers

IRS per diem rate for truckers staying flat in 2023-24

The key federal per diem rate for transportation companies will be unchanged in the federal fiscal year that begins Sunday.

However, the “high-low substantiation” per diem is rising, though truckers’ use of that deduction is thought to be relatively rare.

The IRS, in its statement announcing the 2023-24 rates, defined the per diem as the rate that would cover “the amount or ordinary and necessary business expenses incurred while traveling away from home.” The specifics are that it is made up of...

https://www.freightwaves.com/news/irs-per-diem-rate-for-truckers-staying-flat-in-2023-24

TFI subsidiaries hit with EEOC lawsuit over gay workers

In often graphic language, the Equal Employment Opportunity Commission (EEOC) has sued two subsidiaries of trucking conglomerate TFI International over what it said was discriminatory treatment of two gay maintenance employees who worked in Ohio.

The suit, filed in the U.S. District Court for the Northern District of Ohio on Sept. 15, lists TA Dedicated and TForce TL Holdings as defendants. TA Dedicated is a specialized truckload carrier, doing business as Transport America. TForce TL is an LTL...

https://www.freightwaves.com/news/tfi-subsidiaries-hit-with-eeoc-lawsuit-over-gay-workers

Ecosystems: The importance of alliances in supply chain technology

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

As technology has become vital in the supply chain and companies strive to innovate, meet consumer demands, handle disruptions and drive competitive advantage, alliances and partnerships in technology have emerged as crucial strategies for success. These alliances and partnerships take different forms and shapes.

First, partnerships and collaborations must be...

https://www.freightwaves.com/news/ecosystems-the-importance-of-alliances-in-supply-chain-technology

Barge rates to move grain rise anew amid low Mississippi water levels

Barge rates for moving grain on the Mississippi continue to climb with no signs of significant increases in water levels.

At 8.2 feet below base level, the Mississippi at Memphis, Tennessee, on Wednesday was starting to approach some of the worst levels of late October 2022, which was considered a crisis.

The grain transport cost indicator published each Thursday by the U.S. Department of Agriculture climbed to 529 for the data published that day. The indicator is a percentage of a base-year-100...

https://www.freightwaves.com/news/barge-rates-to-move-grain-rise-anew-amid-low-mississippi-water-levels

Paxafe partners with Carrier to improve Lynx offering

Through a new partnership, risk management software provider Paxafe is leveraging its artificial intelligence-driven prediction modeling to enhance cold chain solutions provider Carrier’s platform offerings. 

“Through this collaboration with Paxafe, we are adding capabilities to our powerful Lynx platform to provide our customers greater visibility and intelligence, and enable proactive decision-making across their cold chain operations,” said Alice DeBiasio, vice president and general manager...

https://www.freightwaves.com/news/paxafe-partners-with-carrier-to-improve-lynx-offering

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