Trucking news and trends

Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics
Supply Chain // April 11, 2024

One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing FedEx as the primary air cargo provider for the United States Postal Service (USPS), air transport is now top of...

Iron Sheepdog Raises $10 Million to Bring AI to Short-Haul Trucking
Investments // March 25, 2024

Iron Sheepdog has raised $10 million to expand its broker/contractor-focused trucking technology solution. “At its core, Iron Sheepdog is a tool that helps the broker as a small business owner,” Mike Van Sickel, CEO of Iron Sheepdog, said in a news release Monday (March 25) press release. “By giving...

Coast Raises $92 Million to Improve Fleet Management Payments
Investments // March 21, 2024

Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a...

BeyondTrucks and Samsara Team to Streamline Fleet Management
Transportation // March 13, 2024

Transportation management system provider BeyondTrucks has launched a partnership with cloud platform Samsara. The collaboration, announced Wednesday (March 13), lets clients of the two firms equip dispatchers, drivers and fleet managers with access to asset and operational data, allowing them to enhance visibility, fleet efficiency and decision-making capabilities. “Currently,...

Interviews & Exclusives
Knowing When Payments Will Arrive as Important as Getting Paid, Says Flock Freight CFO

November 15, 2023
Change comes slowly first, and then all at once, as the adage goes. And that’s certainly true for the ongoing and remarkable advancements in the business-to-business (B2B) payments space. “There has been so much innovation … we’ve seen a proliferation of so many different payment options around things like speed, terms and visibility,” Pat Dillon, […]

Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics

November 14, 2023
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind...

Uber Freight Says Digital Payments Help Transportation Firms Battle Rising Tide of Fraud

June 01, 2023
Amid the great digital shift, and in the post-pandemic world, the transportation industry is undergoing significant changes. With those changes come new vulnerabilities that need to be addressed as the...

Stripe Sees Surge in Platforms and Digital Payments Aimed at Truckers’ Productivity Problems

October 11, 2022
Two years into the great digital shift, there’s a clearer picture emerging of how age-old, analog businesses — the mainstays of the economy — are becoming ever-more streamlined and efficient....

Quick Reads
Iron Sheepdog Raises $10 Million to Bring AI to Short-Haul Trucking

March 25, 2024
Iron Sheepdog has raised $10 million to expand its broker/contractor-focused trucking technology solution. “At its core, Iron Sheepdog is a tool that helps the broker as a small business owner,” Mike Van Sickel, CEO of Iron Sheepdog, said in a news release Monday (March 25) press release. “By giving brokers a technology platform that incentivizes haulers, helps reduce administrative […]

Coast Raises $92 Million to Improve Fleet Management Payments

March 21, 2024
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight...

BeyondTrucks and Samsara Team to Streamline Fleet Management

March 13, 2024
Transportation management system provider BeyondTrucks has launched a partnership with cloud platform Samsara. The collaboration, announced Wednesday (March 13), lets clients of the two firms equip dispatchers, drivers and fleet managers with access to...

Flexport Launches Platform Connecting Global Shippers and Small Carriers

February 22, 2024
Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators. The new Convoy Platform is designed to offer...