Deutsche Lufthansa AG's cargo division posted a 26% gain in adjusted operating profit in the second quarter, with revenue up 27% to 1 billion euros ($1.2 billion), driven by strong Asia demand and AI-…
Ocean spot rates have surged more than 300% in five months, straining manufacturing supply chains, according to GEODIS President and CEO Laura Ritchie, who said cargo booked in March is still rolling …
HappyRobot closed a $150 million Series C at a $1.2 billion post-money valuation, led by Prysm Capital and co-led by Eurazeo, making it FreightTech's newest unicorn. The company has raised roughly $20…
Lanesurf, a freight brokerage platform that helps book loads in 10 minutes, has opened a public phone line at (350) 220-6331 where callers can negotiate rates with its AI agent and keep any amount abo…
Reindeer founder and CEO Yoav Naveh said at the Supply Chain AI Symposium in Chicago that enterprise AI agents are no longer won on model quality, arguing that large language models will become a comm…
Atlas Energy Solutions announced Friday an expansion of its driverless proppant delivery program with Kodiak AI, adding a second load-out point along its Dune Express sand conveyor system and agreeing…
FedEx Corp. is scaling up use of Dexterity Inc.'s AI-enabled trailer-loading robot at its Hagerstown, Maryland, hub after years of validation, aiming to improve worker safety and network efficiency. T…
Hirschbach Motor Lines has deployed an AI agent named Augie, built by Augment, to automate outbound driver communication, handling roughly 40% of its track-and-trace volume and automating over 300 pic…
Nvidia and Kawasaki Heavy Industries announced a joint effort to build a next-generation digital shipyard at Kawasaki's Sakaide Works in Japan, co-developing AI-powered robots for shipbuilding tasks s…
XPO reported second-quarter adjusted earnings per share of $1.70, beating the consensus estimate by 23 cents, driven by record operating results in its less-than-truckload unit. Consolidated revenue r…
Freight Hero, a Durham, North Carolina startup, has raised $5 million in a seed round led by Field Ventures to run freight brokers' back-office operations for a flat fee per load, using AI agents to h…
The big-and-bulky last-mile delivery market is forecast to grow at roughly 5% annually through 2027, down from over 10% in the prior eight years, according to a joint report from Armstrong & Associate…
Delivery reliability has surpassed speed as the second-most important factor for consumers choosing a shipping option, trailing only price, according to Jake Stein, Vice President of Retail Growth at …
AI data center construction is driving up flatbed freight rates for commodity shippers, creating a 'capacity tax' that persists even as overall volumes soften, according to Blake Azell, Vice President…
Intelligent Audit was named an honoree in the AI Solution Provider category at the FreightWaves AI Excellence in Supply Chain Awards for DeepDetectAI, a proprietary machine learning system that catche…
Uber Freight has appointed longtime logistics technology executive Amir Pelleg as its new chief product officer, signaling the company's continued investment in AI-driven transportation management. Pe…
YMX Logistics reduced a grocery distributor's yard fleet by 36% using its Autonomous Yard Operating System (YOS), which applies AI to optimize yard operations. The system was honored in FreightWaves' …
Andre Luecht of Zebra Technologies explains how the company's "physical AI" approach empowers frontline workers with real-time feedback to transform warehouse and logistics operations. The technology …
Samsara unveiled its first major visual overhaul since founding, trading its original look for a reimagined owl, a custom typeface, and high-visibility yellow, the same week it disclosed crossing $2 b…
HERE Technologies is boosting AI route optimization with a reasoning layer that explains decisions and suggests fixes, addressing the gap between planned routes and real-world execution. The company h…