Through innovative technology and strategic collaboration, CrimsonLogic and Newage are set to enhance efficiency and transparency in freight management and customs processes. Global technology company CrimsonLogic, a wholly-owned subsidiary of PSA International and a leader in digital trade, digital ports and technology solutions, announced a strategic partnership with Newage Software & Solutions (“Newage”), a global […]
Just in time for the holidays, the Ship It Zero campaign is bringing visibility to the impacts of dirty ocean shipping caused by mega retailers all year round but especially as they ship their goods during the holiday season. The campaign has announced the release of its 2024 Retailer Shipping Decarbonization Progress Reports, which calls […]
President-elect Donald Trump is naming former Wisconsin Rep. Sean Duffy as his nominee for transportation secretary, as he continues to roll out picks for his Cabinet. Duffy is a former reality TV star who was one of Trump’s most visible defenders on cable news — a prime concern for the media-focused president-elect. Duffy served in the House […]
YMX Logistics, a premium provider of integrated yard logistics operations, and Orange EV, a leading manufacturer of electric yard tractors, both dedicated to advancing sustainable yard operations, today announced a collaborative effort, beginning with the deployment of twenty (20) electric terminal trucks at distribution and manufacturing sites across North America. As the logistics industry increasingly […]
WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced plans to invest nearly $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement projects in 15 states and one U.S. territory. As part of President Biden’s Investing in America agenda, this funding will help increase both capacity and efficiency at coastal […]
Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager […]
Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air […]
WASHINGTON, Nov. 6, 2024 /The Transportation Security Administration (TSA) published a Notice of Proposed Rulemaking that proposes to mandate cyber risk management and reporting requirements for certain surface transportation owners and operators. “TSA has collaborated closely with its industry partners to increase the cybersecurity resilience of the nation’s critical transportation infrastructure,” said TSA Administrator David […]
Siemens AG has agreed to sell its Siemens Logistics business to Vanderlande, a company owned by Toyota Industries Corporation. Vanderlande is a leading global partner for future-proof logistic process automation in the warehousing, airports, and parcel sectors, and with that will be a strategic long-term owner for Siemens Logistics. The purchase price (enterprise value) is […]
The European Union is investigating Chinese online retailer Temu for potential violations of rules designed to prevent the sale of illegal products. This investigation, launched under the Digital Services Act (DSA), follows complaints from the European Consumer Organisation (BEUC) and its members regarding the platform’s practices, including its game-like reward systems and product recommendation algorithms, […]
Blyncsy, a subsidiary of Bentley Systems Inc., announced the launch of a comprehensive public map showcasing all interstate highways in the continental U.S. This map highlights critical roadway assets such as guardrails, speed limit signs, and work zones, aimed at enhancing roadway safety and maintenance. The data is accessible to state U.S. Department of Transportation […]
The partnership between Shipium and ClearJet enhances supply chain efficiency by enabling businesses to achieve nationwide 2-day delivery at ground rates without changing carriers. By integrating ClearJet’s Super Carrier infrastructure, Shipium users gain access to advanced capabilities such as air zone skipping and final-mile carrier injections. This allows shippers to leverage their existing carrier accounts, […]
Third Wave Automation, a provider of autonomous high-reach forklifts, has closed a $27 million Series C funding round led by Woven Capital, Toyota’s growth investment arm. The round also included returning investors Innovation Endeavors, Norwest Venture Partners, and Qualcomm Ventures, bringing Third Wave’s total funding to $97 million. This capital will help scale the company’s […]
Nauto and Beans.ai have announced a strategic partnership to enhance the safety and efficiency of last-mile delivery operations for commercial fleets. By integrating Nauto’s AI-powered Video Event Data Recorder (VEDR) solution with Beans.ai’s precision location data and micro-routing technology, the collaboration offers a comprehensive solution tailored to meet the needs of last-mile deliveries, including VEDR […]
Amazon is making significant investments in nuclear energy, focusing on Small Modular Reactors (SMRs) as part of its goal to achieve net-zero carbon emissions by 2040. Following recent clean energy initiatives by Google and Microsoft, Amazon has partnered with X-energy to bring over 5 GW of new nuclear power online by 2039. The company plans […]
The Körber Innovation Center showcases a full-scale, end-to-end setup of Körber’s advanced parcel and postal sortation handling equipment, trusted by the nation’s largest multinational supply chain companies to efficiently sort and deliver commercial mail and packages to end customers. Its strategic location on Körber’s Dallas site, which houses the company’s engineering, manufacturing, and warehousing teams […]