The transportation, logistics, and energy storage sectors are undergoing profound transformation, driven by rapid technological advancements, evolving consumer expectations, and the global pursuit of sustainability. These forces are accelerating mergers and acquisitions (M&A) as companies seek to adapt to a dynamic landscape, capitalize on emerging opportunities, and secure competitive advantages. For stakeholders navigating this environment, […]
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 […]
Space freight is becoming more accessible, offering a new dimension for logistics operations. Companies such as Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, Rocket Lab and others are lowering launch costs, with SpaceX achieving approximately $2,600 per kilogram to Low Earth Orbit (LEO), compared to $18,500 per kilogram during the Space Shuttle era. Despite these […]
In 2022, Torc Robotics – a provider of autonomous trucks for the middle mile – and Daimler Truck, who is the majority owner of Torc, held an event for journalists and financial analysts at a Torc facility in Albuquerque. At the time, some of Torc’s competitors were claiming that they would have fully autonomous trucks […]
Mike Hane, Director, Product Marketing, TMS at Descartes Does your company view transportation as a competitive weapon? An enlightening new report indicates that this strategy corresponds to strong financial performance for shippers and logistics service providers (LSPs). Descartes’ 2024 Global Transportation Management Benchmark Survey shares responses from more than 630 companies, indicating there is a […]
Various trends influence the Geospatial Information Systems market: the adoption of digital technologies, out-of-the-box GIS offerings, cloud and mobile deployments, and location-based analytics. All this knowledge I gleaned from ARC Advisory Group’s recent research on Geospatial Information Systems. But what caught my attention was its use in transportation and why it is so important. When […]
The much-delayed Tesla Semi has finally hit the road. The Semi started its first consumer deliveries in 2022. The vehicles have only been delivered to one customer – PepsiCo. Since then, the PepsiCo’s Tesla Semi fleet has grown to almost 100 vehicles. The Tesla Semi is a battery electric Class 8 semi-truck built by Tesla. […]
