-
Fintech Focus For October 29, 2020
Wednesday, October 28, 2020 - 6:32pm | 2855Quote Of The Day: The only place where success comes before work is in the dictionary. - Vidal Sassoon Fintech Movers: The Cambridge Centre for Alternative Finance (CCAF), the leading research institute covering the global Fintech sector, has partnered with the World Bank on a study reviewing the...
-
Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
-
USPS' Holiday Surcharges May Be Lump Of Coal For Merchants
Monday, August 17, 2020 - 5:15pm | 1069The first-rate increase of the Louis DeJoy era as postmaster general could end up hitting millions of merchants right between the eyes during the busiest time of the year. However, the increases could be stocking stuffers for the agency's largest parcel users. With no fanfare — and subsumed by...
-
UPS Slaps Peak Holiday Surcharges On US B2C Shippers
Friday, August 7, 2020 - 4:01pm | 646UPS Inc. (NYSE: UPS), bracing for what may be a historic peak holiday shipping season, will impose surcharges ranging from $1 to $3 per package on high-volume U.S. residential shippers, the shipping and logistics giant announced on Friday, August 7. Surcharges of varying types will apply to all...
-
Daily Infographic: Delivery Times Amid COVID-19
Tuesday, July 28, 2020 - 2:43pm | 86To view more infographics, click here.
-
The Daily Dash: HOS Changes Could Be Delayed; Improving Drivers' Mental Health
Tuesday, July 14, 2020 - 12:12pm | 744The Daily Dash is a quick look at what is happening today in the freight ecosystem. In today's edition, the Federal Motor Carrier Safety Administration said it is considering a petition to delay the hours-of-service changes, Workhorse gets the OK to sell electric vans in all 50 states, Forward Air...
-
COVID-19 Has Managed To Wreck The Delivery Economy
Tuesday, July 14, 2020 - 11:59am | 655Over the past decade, the last-mile delivery segment has witnessed a gradual shortening of delivery schedules. Primarily led by the "Amazon Effect" and further buoyed by the resulting consumer expectations, last-mile delivery times have come down considerably — from weeklong shipping times to same...
-
'Head Above Water': Stock Market Update For The Week Ahead
Sunday, July 12, 2020 - 4:50pm | 1993The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...
-
TuSimple To Build '5G Network' Of Autonomous Trucking
Wednesday, July 1, 2020 - 10:01am | 1312TuSimple launches an Autonomous Freight Network with UPS, Penske, U.S. Xpress, and McLane Co. President Cheng Lu describes the initiative as the "5G network of autonomous trucking" Autonomous trucking technology startup TuSimple announced on Wednesday the launch of a national transportation...
-
Transplace Acquires Parcel Managed Transportation Platform ScanData
Tuesday, June 2, 2020 - 12:48pm | 594This morning Transplace announced the acquisition of ScanData, a parcel managed transportation platform that optimizes 400 million parcel shipments worth more than $2 billion annually. Transplace manages $9 billion of freight in its network of shippers and carriers, offering technology solutions...
-
Vehicle Electrification Is Not Just About Reducing Emissions
Monday, March 16, 2020 - 5:50pm | 842The transport industry is in the midst of tectonic change, brought on by a flurry of regulations targeted at reducing its carbon emissions. The push has been particularly pronounced across the last-mile delivery segment. Unlike other aspects of logistics operations, the last mile touches end...
-
New UPS CEO Carol Tomé Held In "High Esteem"
Thursday, March 12, 2020 - 1:43pm | 922UPS Inc. (NYSE: UPS) announced on March 12 that its board of directors has selected current board member and Chairperson of the Audit Committee Carol Tomé to lead the company. Tomé will replace current Chairman and CEO David Abney in the role effective June 1. "After a rigorous selection process...
-
Workhorse Ready To Run With C-Series Electric Delivery Van
Thursday, March 12, 2020 - 9:37am | 607Production of its long-awaited electric delivery van could begin in the next few weeks for Workhorse Group (NASDAQ: WKHS), with plans to add additional configurations and sizes to the C-Series once full production ramps up, company officials told FreightWaves at the recent NTEA Work Truck Show in...
-
TuSimple Revs Up Texas With New UPS Autonomous Trucking Routes
Thursday, March 5, 2020 - 9:54am | 553Adding to a flurry of recent activity in the self-driving-vehicle space, autonomous trucking startup TuSimple announced Thursday it has expanded service for current customer UPS Inc (NYSE: UPS) with new routes in Texas. The San Diego-headquartered company will expand its UPS runs to 20 trips per...
-
UPS Seeks Exemption For Training On Double Trailers
Monday, February 24, 2020 - 2:52pm | 682UPS Inc (NYSE: UPS) claims that its "hire from within culture" is clashing with federal driver training regulations so the package delivery giant is pleading its case – once again – to regulators. In a letter sent to the Federal Motor Carrier Safety Administration (FMCSA) on January 23, UPS (NSYE...