News
E2open stock price plunges after earnings report; strategic review ‘ongoing’
Second-quarter earnings at supply chain software provider E2open were negative enough that investors heavily sold off stock Thursday after management tried to put a positive spin on the company’s outlook. At approximately…
NMFTA Launches Benchmarking Program for LTL Industry
On Oct. 1, the National Motor Freight Traffic Association held its first meeting for a new benchmarking group aimed at boosting efficiency through shared insights.
FMCSA OKs Carrier Exemptions for Pulsating Brake Light Tech
Since May, the Federal Motor Carrier Safety Administration has given the OK for at least seven motor carriers to deploy the Intellistop braking system for up to five years, with restrictions.
Cartage secures $3.3M to support shippers and carriers with automation
Freight coordination software provider Cartage announced Thursday that it has closed a $3.3 million investment round led by Y Combinator, Garage Capital, Wayfinder Ventures, Northside Ventures, Pioneer Fund and Ritual…
Hurricane Milton slams into Florida, leaving trail of destruction
Hurricane Milton smashed into Florida around 8:30 p.m. Wednesday as a Category 3 near Siesta Key and was making its way across Florida on Thursday. Milton left a trail of destruction in its wake, leaving millions without…
Weekly U.S rail traffic ends long run in positive territory
This story originally appeared on Trains.com. WASHINGTON — For the first time in more than nine months, U.S. weekly rail traffic has dropped below 2023 levels. For the week ending Oct. 5, total U.S. traffic was 486,187…
10 ports remain closed in Hurricane Milton’s aftermath
Ten ports, including two of Florida’s key commercial ports along the Gulf Coast, remained closed Thursday in the wake of devastation caused by Hurricane Milton. Port Tampa Bay and Seaport Manatee were closed to commercial…
CEO Says Uber Will Prioritize Autonomous Safety
Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving flee, says CEO Dara Khosrowshahi.
WTO Predicts 3% Rise in Merchandise Trade in 2025
Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability weighs on economic activity and threatens to disrupt shipping.
