Technology

Why LTL shippers need additional insurance coverage

Claims are a common source of frustration for most regular less-than-truckload shippers. Due to LTL carrier limitations and exclusions, shippers with damaged cargo often recover from $5 per pound down to as little as 10 cents per pound and are left without any viable avenue to recoup their losses.  

The nature of LTL makes preventing cargo damage difficult. Shipments are touched and transferred between trailers via forklift often, creating the potential for mishaps at every turn. 

“[Shippers]...

https://www.freightwaves.com/news/why-ltl-shippers-need-additional-insurance-coverage

Seaward Services opts for Spinergie digital fleet management solution

Hornblower Group subsidiary Seaward Services is roll out Spinergie Inc.’s Smart Fleet Management solution across its fleet of Jones Act compliant offshore service vessels, multipurpose service vessels (MPSVs) and crew transfer vessels (CTVs) that are engaged in offshore wind operations along the U.S. East Coast.

Hornblower to offer former spill response vessels for new roles

In looking for a digital fleet management solution Seaward Services Inc. selected Spinergie for its experience in...

https://www.marinelog.com/technology/seaward-services-opts-for-spinergie-digital-fleet-management-solution/

Logistics company founder shares how owner-operators can find success

FIRESIDE CHAT TOPIC: How owner-operators can position themselves for success

DETAILS: Brielle Jaekel of FreightWaves and Adam Wingfield, founder of Innovative Logistics Group, discuss strategies for maximizing profitability. The North Carolina-based company serves small carriers.

KEY QUOTES FROM WINGFIELD:

“You have to know what profitability looks like to your independent business. Every business in the trucking industry is different, and every truck that hits the highway has a different...

https://www.freightwaves.com/news/logistics-company-founder-shares-how-owner-operators-can-find-success

Loadsmart spotlights small fleets’ technology needs and opportunities

This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday.

FIRESIDE CHAT TOPIC: Leveraging Technology for Fleet Growth: What Smaller Fleets Need and What Can Be Provided

DETAILS: Casey Monahan, vice president of digital sales at LoadSmart, talks with FreightWaves’ Grace Sharkey about what his company’s TMS systems can provide and what today’s growing fleets need as technology advances.

KEY QUOTES FROM MONAHAN:

“Our carriers are the ones where AI is reading their trucks as they come...

https://www.freightwaves.com/news/loadsmart-spotlights-small-fleets-technology-needs-and-opportunities

Michael Kornhauser talks need for commercial vehicle navigation

This fireside chat recap is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: The Need for Commercial Vehicle Navigation

DETAILS: Michael Kornhauser, sector vice president of transportation at Colorado-based technology company Trimble, advocates for commercial navigation as an essential tool to keep drivers safe, legal and efficient on the job.

KEY QUOTES FROM MICHAEL KORNHAUSER:

“Whether you’re responsible for one truck, five trucks or 20,000 trucks,...

https://www.freightwaves.com/news/michael-kornhauser-talks-need-for-commercial-vehicle-navigation

Amogy partners with Hanwha on ammonia-powered vessel solutions

A three-way partnership between Brooklyn, N.Y., headquartered Amogy and two units of South Korea’s Hanwhat Group aims to accelerate accelerate the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessel solutions.

Hanwha Ocean (the former DSME), one the world’s largest shipbuilders, has signed a contract that will see it purchase an Amogy ammonia-to-electrical power system that includes a Hanwha Aerospace...

https://www.marinelog.com/news/amogy-partners-with-hanwha-on-ammonia-powered-vessel-solutions/

EXO closes Chattanooga office to focus on managed transportation tech

Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves.

Tryber said it was an intentional move by the company to pivot from covering unprofitable spot market freight through its brokerage to utilizing its specialized marketplace and fintech solutions for managed...

https://www.freightwaves.com/news/exo-closes-chattanooga-office-to-focus-on-managed-transportation-tech

World’s first electric pusher tug is powered by EST-Floatech batteries

The world’s first electric pusher tug, Kotug International’s E-Pusher Type M, is now, as we reported earlier, transporting cocoa beans for Cargill from the Port of Amsterdam, the largest cocoa import port in the world, to Cargill’s cocoa factory in Zaandam, the Netherlands. Inside the tug is a container with an EST-Floatech battery system that supplies all its energy needs.

EST-Floattech’s team developed the custom built containerized solution with its Octopus High Energy modules in a process...

https://www.marinelog.com/news/worlds-first-electric-pusher-tug-is-powered-by-est-floatech-batteries/

Universal Transit: Pioneering AI to transform auto transportation

Universal Transit, a groundbreaking company founded by three innovative friends in New Jersey in 2020, is on a mission to revolutionize the auto transportation sector. 

With aspirations to raise $1.2 million through regulation crowdfunding (Reg CF) on Republic, this startup is not merely aiming to alter the landscape of car shipping; it’s actively leading the charge. The auto shipping industry, despite its significant worth, has largely remained untouched by modernization.

Universal Transit CEO...

https://www.freightwaves.com/news/universal-transit-pioneering-ai-to-transform-auto-transportation

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