Modern Shipper

Flock Freight’s shared truckload model hauls in $60M Series E

In an industry up against rising costs, inefficient capacity and margin erosion, Flock Freight just made it clear it’s not pivoting, it’s persevering. With a $60 million Series E raise led by O’Neil Strategic Capital and joined by Susquehanna Private Equity Investments, SignalFire, GLP Capital Partners, Bracket Capital and other, un-named investors, the company has committed to its shared truckload technology.

“We’re not here to talk about launching a new TMS or some new product. We’re really...

https://www.freightwaves.com/news/flock-freights-shared-truckload-model-hauls-in-60m-series-e

Cyberthreats surge against US logistics infrastructure

Cybersecurity provider Trellix recently released its April “CyberThreat Report” revealing an alarming rise in cyberattacks targeting critical U.S. infrastructure, with the freight and logistics sectors now in the crosshairs of nation-state actors and sophisticated ransomware groups.

Between October 2024 and March 2025, the U.S. saw a 136% increase in Advanced Persistent Threat (APT) activity, prolonged and targeted...

https://www.freightwaves.com/news/cyberthreats-surge-against-us-logistics-infrastructure

20 company reactions — good and bad — to Trump’s tariff war

As the U.S. tariff war escalates under the Trump administration, companies across industries are scrambling to adapt, with some seeing opportunity and others bracing for impact.

From automakers pausing production to tech giants reshuffling supply chains, the ripple effects of new trade policies are reshaping business strategies, investor expectations and global relationships. 

Here’s a sector-by-sector breakdown of how major players are reacting to the mounting pressure of tariffs and retaliatory...

https://www.freightwaves.com/news/20-company-reactions-good-and-bad-to-trumps-tariff-war

UPS to eliminate 20K jobs as Amazon decoupling accelerates

UPS plans to shed about 20,000 front-line positions in 2025 as it manages the decline in unprofitable business from Amazon and a huge restructuring of its delivery network, executives said Tuesday during a first-quarter earnings briefing.

The integrated parcel and logistics giant in January reached an agreement to reduce Amazon volumes in its network by more than 50% by June 2026. Outbound deliveries from Amazon fulfillment centers are not profitable compared to returns and outbound volumes from...

https://www.freightwaves.com/news/ups-to-eliminate-20k-jobs-as-amazon-decoupling-accelerates

Uber Freight CEO vows focus on growing opportunities for carriers

ATLANTA — In a freight market still finding its footing after years of disruption, Uber Freight’s 2025 Carrier Summit offered optimism backed by action. CEO Lior Ron addressed a packed room with an update on the company’s promises, showing how data, AI and partnerships are shaping how Uber Freight is positioning its carriers to thrive this year.

“At the end of the day,” Ron emphasized, “it’s about growth and giving [carriers] opportunities.” 

Toward that end, Uber Freight has seen growth across...

https://www.freightwaves.com/news/uber-freight-ceo-vows-focus-on-growing-opportunities-for-carriers

E-commerce margins set to rise as trade war reshapes market: ShipHero CEO

The ongoing trade war between the United States and China is reshaping the e-commerce landscape, potentially leading to higher margins and improved profitability for U.S. online sellers, according to Aaron Rubin, CEO of warehouse management system provider ShipHero.

Rubin posted a video to X on Tuesday giving his thoughts on what the future holds for e-commerce.

ShipHero, a leading player in the e-commerce fulfillment space, offers integrated solutions for online stores, including popular...

https://www.freightwaves.com/news/e-commerce-margins-set-to-rise-as-trade-war-reshapes-market-shiphero-ceo

Q&A: Can the industry loosen up its data bottlenecks?

The logistics industry is undergoing its own data revolution, yet many companies still struggle to make data-driven decisions due to outdated processes and institutional bottlenecks. Despite investing in new systems, logistics providers and global agencies often find themselves stuck in manual workflows that hinder them from pulling the true potential from their data.

Ventagium was founded to bridge these technology gaps after its founders saw large nongovernmental organizations struggle to make...

https://www.freightwaves.com/news/qa-can-the-industry-loosen-up-its-data-bottlenecks

Agility Robotics’ humanoid robot reportedly raising $400M

Agility Robotics, the company behind the humanoid robot Digit, is reportedly on the verge of securing $400 million in new funding. The company raised $150 million in December, for an official total with previous funding of $320 million to date.

According to reports from The Information, this latest funding round is expected to value Agility Robotics at $1.75 billion. The venture arm of private equity firm WP Global Partners is said to be leading the fundraising effort, with SoftBank likely...

https://www.freightwaves.com/news/agility-robotics-humanoid-robot-reportedly-raising-400m

Freight brokers: What your role will look like tomorrow

For years, the narrative around freight brokerage technology has centered on automation freeing up employees to focus on relationship-building and high-level tasks. But what does that mean in practice?

FreightWaves spoke with Grand Rapids, Michigan-based Ally Logistics and one of its technology providers, Fleetworks, to get a clearer picture of how these roles are evolving.

Traditionally, entry-level positions in freight brokerage involved repetitive tasks like posting loads, responding to...

https://www.freightwaves.com/news/freight-brokers-what-your-role-will-look-like-tomorrow

Uber Freight’s Powerloop begins offering dedicated tours to carriers

Uber Freight’s latest innovation, released Tuesday, directly addresses the challenges behind truck utilization through advanced tour planning. The new offering expands Uber Freight’s Powerloop drop-and-hook program, providing carriers with access to reliable freight and greater control over their operations with dedicated tours.

Carriers, especially owner-operators, face the persistent challenge of securing consistent or dedicated loads. Fluctuations in load availability and unpredictable rates...

https://www.freightwaves.com/news/uber-freights-powerloop-begins-offering-dedicated-tours-to-carriers

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