cloud-based technology

Cloud computing helps transportation industry get flexible, evolve to meet shifting consumer demands

The internet has changed the way every industry – and every individual – functions on a fundamental level over the past two decades. Cloud computing has been a big part of that change, and it is easy to see why. Cloud adoption enables companies across all kinds of industries to improve data exchange, increase flexibility and utilize an abundance of modern technologies to gain greater connectivity to their customers.

The transportation industry has been slower to embrace cloud computing than many...

https://www.freightwaves.com/news/cloud-computing-helps-transportation-industry-get-flexible-evolve-to-meet-shifting-consumer-demands

CN: Partnership with Google Cloud ups ante for integrating technology

Earlier this month, Canadian railway CN announced that it would be working with Google Cloud via a seven-year partnership aimed at catapulting CN’s current technological efforts into what CN calls “digital scheduled railroading” (DSR), or the next stage following precision scheduled railroading.

CN (NYSE: CNI) says DSR will modernize the railway’s technology infrastructure in the cloud and provide customers with improved visibility into the supply chain. CN will work with Google Cloud to develop...

https://www.freightwaves.com/news/cn-partnership-with-google-cloud-ups-ante-for-integrating-technology

SPAC acquires cloud manufacturing firm Fast Radius

Digital manufacturing and supply chain company Fast Radius Inc. said Monday it will be acquired by special-purpose acquisition company (SPAC) ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) in a deal that values the Chicago-based company at $1.4 billion.

The transaction, which is expected to close in the fourth quarter, attaches a $995 million enterprise value to the combined company, with an additional $445 million in cash pumped in. The cash proceeds consist of $345 million held by...

https://www.freightwaves.com/news/spac-acquires-cloud-manufacturing-firm-fast-radius

Cloud-based fulfillment platform Bringg partners with last-mile delivery provider GoFor

GoFor and Bringg have announced a partnership that will utilize GoFor’s marketplace for last-mile, on-demand and same-day delivery and logistics alongside Bringg’s delivery and fulfillment cloud platform to increase delivery capacity, coverage and customer experience on a global scale.

Using GoFor’s integrated fleet network, Bringg customers can manage delivery operations while GoFor customers can use the Bringg Delivery Hub to boost delivery speed and convenience while reducing cost.

“As demand...

https://www.freightwaves.com/news/cloud-based-fulfillment-platform-bringg-partners-with-last-mile-delivery-provider-gofor

3PL Summit: Freight technology with StratusGrid CTO — Put That Coffee Down

StratusGrid CTO talks on freight technology and using the cloud.

This Put That Coffee Down session is from FreightWaves’ 3PL Summit. 

PUT THAT COFFEE DOWN TOPIC: The impacts of freight technology

DETAILS: Kevin Hill, executive publisher at FreightWaves, chats with Chris Hurst about the benefits of using the cloud and how almost everyone is using it even if they don’t know it. They discuss why freight and logistics are lagging in terms of adopting technology.

SPEAKER: Hurst, chief technology officer at StratusGrid

BIO: Hurst has worked with startups, small- to...

https://www.freightwaves.com/news/3pl-summit-freight-technology-with-stratusgrid-cto

ClockWork finesses the final mile

Light highway truck traffic

While COVID-19 pressed the gas on technology adoption in the global transportation industry, a lot of the financial cost of that technology adoption falls to the truckload carrier or driver ⁠— an additional burden they don’t need. 

From November 2019 to November 2020, 500,000 fewer people were employed in the trucking industry. While the initiation of the Drug and Alcohol Clearinghouse last year removed thousands of drivers off the road, the reality is that drivers struggle with their level of...

https://www.freightwaves.com/news/clockwork-finesses-the-final-mile

Survey says: Poor integration tools costing logistics companies millions

Poor software integration is costing some companies $250,000 or more, according to preliminary findings of a new survey conducted by Dimensional Research and sponsored by Cleo.

The survey, full results of which will be published in Q1 of 2021, found that 34% of logistics companies are losing over $250,000, and 9% said technology integration problems are costing them over $1 million annually.

“All along we’ve told our customers and prospects, ‘You’ll need real-time end-to-end visibility. You’ll...

https://www.freightwaves.com/news/survey-says-poor-integration-tools-costing-logistics-companies-millions

How does Rose Rocket grow? (with video)

Justin Bailie said Y Combinator sprinkled on the “pixie dust” that helped Rose Rocket grow from a seedling into a full-blown transportation management system provider. 

Bailie, the co-founder and chief strategy officer for Rose Rocket, shared the company’s journey with Brian Aoaeh, a FreightWaves columnist and co-founder and general partner of REFASHIOND Ventures, during the FreightTech Venture Summit on Wednesday.

“We saw an opportunity, almost five years ago now, that there was a need for, call...

https://www.freightwaves.com/news/how-does-rose-rocket-grow-with-video