Supply chain technology has attracted new venture capitalists. Tiger Global and Softbank are changing the field with bigger cheques and higher values, but mature startups and incumbents are also expanding their M&A capabilities. In the third quarter of 2021, venture capital investment in supply chain technology startups remained strong, totaling...
Two people have been arrested in connection with a $1 million theft of tractor-trailers and pallets
Authorities say a wooden pallet supplier and his employee were recently detained on suspicion of stealing truckloads of pallets from Florida distribution sites. Bobby Herrera Jr., 45, and Nicholas Howard, 36, are charged with dozens of felonies in connection with the theft of $704,487 in wooden pallets and $231,000 in...
Trucking vs. the Diesel Shortage, a Commentary
The constant rise in diesel fuel prices has produced a tumultuous pricing environment in the freight business over the last few months, owing to the difficulty to precisely calculate fuel costs for bidding months, if not weeks, in advance of hauling the load. This annoyance is already potentially costly, but...