In a challenging fundraising environment for technology startups, reports suggest that Microsoft is rumored to be close to investing in Gatik, a middle-mile autonomous trucking company. privately owned Gatik, a middle-mile autonomous trucking software developer, last raised $85 million in a Series B round in August 2021. Gatik's driverless Class...
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National Air Cargo seeks bulky cargo with 747s and Beluga freighters.
MIAMI — National Air Cargo, a freight company that also operates an airline, is growing its business for large cargo. With its first nose-loading freighters and talks with Airbus about renting the massive Beluga transporter, which can carry tanks, yachts, satellites, and electric transformers, the company is creating new opportunities...
ELD tracking alters the game in terms of real-time visibility.
Not long ago, companies considered real-time, end-to-end visibility a luxury. Only a small number of loads, depending on the size and technical skill of their broker and carrier partners, could expect this type of tracking. However, in recent years, on-demand visibility has become a standard expectation. Because of the widespread...