The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation network requires the movement of substantial funds to cover costs for fuel, taxes, maintenance, salaries and various other expenses. For...
FarEye has unveiled an artificial intelligence-based dynamic routing solution for the trucking industry. This solution aims to tackle the pressing challenges faced by companies in the sector, offering a range of benefits including reduced miles driven and increased operational efficiency, the provider of delivery management solutions...
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards imposed by the U.S. Environmental Protection Agency has been questioned by the Trump administration. The...
The U.S. freight market is notoriously fragmented. As the vast majority of trucking fleet operations have only a handful of vehicles, shippers’ ability to efficiently find the carriers they need to move goods, at the right price, is a wholly inefficient process. Add to that...
December 29, 2023
A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot of years, but it’s been the past year that the space has been revolutionized,” Jaime Tabachnik, co-founder and CEO at trucking FinTech Solvento, tells PYMNTS for the “AI Effect” series. […]
November 22, 2023
The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation network requires the movement of...
December 11, 2019
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards...
August 08, 2018
Less than a year from now, more data — and the “smart” gear that collects and transmits it — will come to European roadways, part of an effort to increase...
August 22, 2023
FarEye has unveiled an artificial intelligence-based dynamic routing solution for the trucking industry. This solution aims to tackle the pressing challenges faced by companies in the sector, offering a range of benefits including reduced miles driven and increased operational efficiency, the provider of delivery management solutions said in a Tuesday (Aug. 22) press release. The core of […]
September 13, 2018
Volvo unveiled a new self-driving electric truck that could help with a shortage of freight drivers. The truck is still being developed and no official launch date was given, but...
May 30, 2018
Private sector employment jumped by 178,000 jobs from April to May, according to the May ADP National Employment Report. In a press release announcing the results of the data, ADP...
June 07, 2017
BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry, announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone...
