CtrlChain is optimizing supply chains from Amsterdam to Chicago

In today’s global supply chain landscape, a lack of collaboration and digital integration among logistics players, especially smaller companies, has emerged as a significant roadblock to optimizing capacity utilization and operational resilience. 

This issue, compounded by the complexity of coordinating workflows across borders and cultures, has hindered the industry’s ability to address persistent capacity constraints and mitigate costly disruptions effectively.

In a recent interview on WHAT THE...

https://www.freightwaves.com/news/ctrlchain-is-optimizing-supply-chains-from-amsterdam-to-chicago

Groups lose latest court attempt to block California’s AB5 from state’s trucking sector

In a sweeping decision, a federal district court judge in California on Friday rejected arguments that the state’s independent contractor law, AB5, should be barred from regulating California’s trucking industry.

Judge Roger Benitez of the California federal district court for the state’s Southern district not only failed to order a new injunction, he also tossed out the case brought by the California Trucking Association (CTA) and the Owner-Operator Independent Drivers Association (OOIDA), with...

https://www.freightwaves.com/news/groups-lose-latest-court-attempt-to-block-californias-ab5-trucking-sector

Flock reports layoffs, path to profitability

Friday marked a turn of events for Flock Freight, a provider of shared truckload solutions, as the company decided to reduce its workforce by 54 individuals. The company last reported layoffs in April of 2023. 

This strategic move was aimed at recalibrating the company’s trajectory towards profitability. The positions affected were primarily back office roles, focusing on enhancing automation for Flock’s operational efficiencies.

“The people supporting our customers and carriers and those...

https://www.freightwaves.com/news/flock-reports-layoffs-path-to-profitability

FreightTech Friday: Heale incentivizes complete, accurate data sharing

Heale Labs plans incentives to data sharing

The logistics industry has traditionally struggled with effectively managing and utilizing data.

In an interview with FreightWaves, Todd Haselhorst, founder and CEO of blockchain startup Heale Labs, highlighted the problems he experienced in data management in his past supply chain work.
“We spent 35% of our budget just focusing on integrations, and we had all of these different data formats. … It was becoming very expensive for us to deal with...

https://www.freightwaves.com/news/freighttech-friday-heale-incentivizes-complete-accurate-data-sharing

OneRail survey details retail shippers’ last-mile delivery needs

A recent study by last-mile solutions provider OneRail found retailers consider diversifying their delivery networks crucial and revealed strategies they use to better understand those networks.

OneRail CEO Bill Catania (Photo: LinkedIn)

The study also highlighted what today’s end consumers expect from retailers.

The study found, first, that technology plays a pivotal role for 63% of retailers surveyed in strategically planning and forecasting their last-mile delivery needs.

In addition,...

https://www.freightwaves.com/news/onerail-survey-details-retail-shippers-last-mile-delivery-needs

Navistar partners with Plus to bring autonomous trucks to US roads

Navistar Inc. and Plus, an autonomous trucking software company, are partnering to bring self-driving trucks to roadways in Europe and the United States.

The companies announced the partnership Tuesday. Navistar, which is a member of the Traton Group — a subsidiary of the Volkswagen Group and one of the largest commercial vehicle manufacturers — will integrate Plus’ autonomous driving technology into the brand’s vehicles in hub-to-hub operations.

Plus will use its Level 4 autonomous SuperDrive...

https://www.freightwaves.com/news/navistar-partners-with-plus-to-bring-autonomous-trucks-to-us-roads

Locus Robotics launches business intelligence tool LocusHub

Autonomous mobile robots (AMRs) provider Locus Robotics on Wednesday launched its business intelligence tool LocusHub, enabling customers to leverage reporting tools and data insights to make recommendations to fleets of AMRs.

The new solution will be available through its LocusOne platform, launched last year at the industry tradeshow ProMat.

LocusBot Origin. (Photo: Locus Robotics)

LocusOne coordinates the company’s AMRs, known as LocusBots, which consist of two lines of robots: Locus Origin...

https://www.freightwaves.com/news/locus-robotics-launches-business-intelligence-tool-locushub

Uber Freight surpasses $18B in freight under management worldwide

Managed transportation provider Uber Freight announced Tuesday its European division has surpassed 200 million euros ($218.3 million) in freight under management, topping $18 billion in freight under management worldwide.

“Our European business is accelerating because we’re dedicated to offering precisely that. We bring the optionality and expertise needed to keep pace in a rapidly evolving landscape and, as we continue to invest in the region, we plan on cementing our role as the premier...

https://www.freightwaves.com/news/uber-freight-surpasses-18b-in-freight-under-management-worldwide

GXO acquisition of Wincanton draws caution and praise from ratings agencies

The two key ratings agencies have weighed in with a cautionary outlook on the offer by GXO to acquire U.K.-based contract logistics company Wincanton.

Neither Moody’s nor S&P Global Ratings reduced its credit rating on GXO (NYSE: GXO). At Moody’s, the Ba1 corporate rating is one notch below investment-grade. The S&P Global (NYSE: SPGI) rating of BBB- is the lowest investment-grade rating.

But both agencies put GXO on the equivalent of a watch list because of the additional debt the company will...

https://www.freightwaves.com/news/gxo-acquisition-of-wincanton-draws-caution-and-praise-from-ratings-agencies

US container imports robust in February; inbound volume forecast dicier

February’s U.S. container import volumes decreased 6% from January — a better-than-expected performance as the sector enters its slow season. But other signs point to potential softness in domestic freight in March and April.

The 2.14 million twenty-foot equivalent units imported in February represent a 23.3% year-over-year increase, according to the latest monthly report from supply chain intelligence firm Descartes. That growth is real, but it isn’t quite as dramatic as it seems.

Last year, the...

https://www.freightwaves.com/news/us-container-imports-robust-in-february-inbound-volume-forecast-dicier

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