News
Aurora Innovation raises $820M in fresh capital
Aurora Innovation has raised $820 million in new capital. That will get the autonomous trucking developer through commercialization of driverless trucks in 2024 with a financial runway into 2025. The Pittsburgh-based company…
Funding Leaders Eye FY24 Bills’ Finalization
Leaders in the House and Senate aim to finalize legislation that would fund the Department of Transportation during fiscal 2024.
At Pack Expo Las Vegas, Wipotec to Debut Checkweigher for Volatile Aerosol Production, as Well as Versatile New X-ray Scanner
HC-A-EX Checkweigher provides precision checkweighing in environments at risk of explosion incidents; SC-S 5020 X-ray Scanner offers multifaceted inspection for F&B containers, including exacting microleak detection.…
Tyson Ventures Spotlights Sustainability Entrepreneurs
Tyson Foods hosts startup pitch event to support solutions that put waste to work SPRINGDALE, Ark. – July 19, 2023 – In an effort to continuously scout and support innovative solutions for a more sustainable food system,…
Fluid Truck Renew helps commercial fleets gain new revenue stream
On-demand capacity provider Fluid Truck announced Thursday it is launching an initiative, Fluid Truck Renew, to enable fleet owners to lease or rent out surplus capacity to bring in new revenue. The company, founded in 2016,…
Ship fuel spreads and LNG prices fall to lowest levels in years
Fuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent months, featuring new dynamics that haven’t been seen in years. Prior to the IMO 2020 regulation implemented on Jan. 1,…
What to do when your carrier goes bankrupt
Welcome to the WHAT THE TRUCK?!? Newsletter presented by Frayt. In this issue, what to do if Yellow goes belly-up; why you should stop using UPS; AI in trucking; and more. Yellow and Teamsters play the blame game img flip…
California Bill Would Keep Drivers in Autonomous Cabs
California state legislators are moving closer to a final vote on a bill that would for roughly six years require drivers to be in the cab at all times for autonomous trucks.
Non-FedEx shippers may lose out if strike occurs at UPS, consultant says
Shippers that don’t have existing relationships with FedEx Corp. (NYSE: FDX) may find it difficult to arrange for FedEx to handle their shipments in the event the Teamsters union strikes UPS Inc. (NYSE: UPS) starting Aug. 1,…
Ocean carrier MSC adds 2nd cargo jet
Mediterranean Shipping Co., the largest ocean container line in the world, has received a second aircraft from Boeing for its startup cargo airline. The new 777-200 freighter will be operated by Atlas Air under a long-term…
