Gates Backs Convoys 62M Funding to Rival Uber Freight

Gates Backs Convoys 62M Funding to Rival Uber Freight

Freight software company Convoy secured $62 million in funding led by Bill Gates, positioning itself as a challenger to Uber Freight. Convoy leverages technology to optimize freight processes and reduce empty miles, attracting clients like Unilever. The U.S. freight market is vast but inefficient, and companies like Convoy are driving digital transformation within the industry, aiming for more efficient, transparent, and sustainable transportation. This investment highlights the growing interest in tech-driven solutions to modernize the logistics sector and address its inherent inefficiencies.

01/29/2026 Logistics Industry Insights
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Multimodal Freight Market Strains Amid Capacity Shortages Higher Costs

Multimodal Freight Market Strains Amid Capacity Shortages Higher Costs

The North American Multimodal Transportation Association's annual meeting highlighted the dual challenges of capacity constraints and rising costs facing freight companies. The report analyzes the current state and trends in trucking and rail transportation, proposing strategies for shippers to cope with these challenges. It emphasizes the importance of data-driven decision-making and forecasts the future direction of multimodal transportation. The meeting stressed the need for adaptability and strategic planning in the face of evolving market dynamics within the freight and supply chain landscape.

01/29/2026 Logistics Industry Insights
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US Rail Freight Auto Petroleum Up As Coal Declines

US Rail Freight Auto Petroleum Up As Coal Declines

According to the Association of American Railroads, U.S. rail freight traffic decreased by 7.9% year-over-year for the week ending May 9, while intermodal traffic increased by 3.8%, showing a diverging trend. Shipments of motor vehicles & parts and petroleum products increased, while coal shipments decreased significantly. Year-to-date, rail freight traffic is down 1.8%, and intermodal traffic is up 1.7%. Rail freight companies need to actively transform and expand their intermodal transportation business.

01/29/2026 Logistics
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US Rail Freight Gains in Carloads Loses in Intermodal

US Rail Freight Gains in Carloads Loses in Intermodal

According to the Association of American Railroads, U.S. rail carloads increased by 3.3% year-over-year in late January, driven primarily by nonmetallic minerals and coal. However, intermodal traffic decreased by 6.7% year-over-year, suggesting weaker consumer demand. Year-to-date, carloads have increased by 3%, while intermodal traffic has declined by 8.4%. Overall North American rail traffic has slightly decreased, reflecting a complex economic outlook. The contrasting trends in carload and intermodal volumes highlight the mixed signals within the current economic landscape.

01/29/2026 Logistics
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Major Investments Aim to Revive Struggling Rail Freight Sector

Major Investments Aim to Revive Struggling Rail Freight Sector

Facing declining service quality and poor performance, rail and intermodal service providers are investing heavily to return to pre-recession peaks. These investments focus on upgrading infrastructure, optimizing operational processes, and adopting advanced technologies. Beyond hardware upgrades, industry experts emphasize the importance of software-level optimization for achieving significant improvements in efficiency and profitability. The goal is to enhance service reliability, reduce costs, and improve overall return on investment through strategic operational improvements and technological advancements.

01/29/2026 Logistics Industry Insights
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Estes Express Opens New Freight Terminal in Dayton Ohio

Estes Express Opens New Freight Terminal in Dayton Ohio

Estes Express Lines has opened a new freight terminal in Dayton, Ohio, to support regional business growth. This expansion strengthens its operational capabilities within Ohio, creates job opportunities, and signals a positive development trend for the freight industry. By localizing operations, Estes aims to improve service quality and capitalize on economic recovery opportunities, ultimately providing customers with enhanced freight services. The new terminal will streamline logistics and contribute to faster, more reliable deliveries in the region.

01/29/2026 Logistics
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Shanghai to Bishkek Sea Freight Guide for Efficient Logistics

Shanghai to Bishkek Sea Freight Guide for Efficient Logistics

This article provides a detailed analysis of the key aspects of sea freight from Shanghai to Bishkek, covering safety measures, freight cost structure, estimated transit times, and important considerations. It aims to offer businesses and individuals a comprehensive and practical international logistics guide, facilitating safe and efficient cargo transportation. The guide helps navigate the complexities of international shipping, ensuring a smoother and more predictable experience for those transporting goods between Shanghai and Bishkek.

01/29/2026 Logistics
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Guide to Secure Ocean Freight Packaging for Global Shipping

Guide to Secure Ocean Freight Packaging for Global Shipping

International sea freight packaging is crucial. This article delves into the universal requirements of sea freight packaging, such as compression and moisture resistance, and compliant labeling. It provides tailored packaging techniques for various categories, including cross-border e-commerce, home building materials, electronics, food and cosmetics, dangerous goods, and bulk cargo. The importance of avoiding over-packaging and standardizing packaging is emphasized, along with the necessity of entrusting professional service providers. The goal is to help ensure the safe arrival of goods at their destination.

01/29/2026 Logistics Encyclopedia
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Uber Freight Aided Truckers Stabilized Supply Chains During Pandemic

Uber Freight Aided Truckers Stabilized Supply Chains During Pandemic

During the pandemic, Uber Freight launched initiatives like zero-profit pricing, meal subsidies, and hygiene supplies to support carriers and shippers. These efforts aimed to ensure the smooth transportation of essential goods. Uber Freight is committed to leveraging technological innovation to improve freight efficiency, reduce transportation costs, and provide better services to customers. The company strives to build a more stable and efficient supply chain through continuous innovation and support for its partners during challenging times and beyond. Their focus remains on delivering value and resilience in the freight industry.

01/30/2026 Logistics
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LTL Freight Industry Shifts to Densitybased Pricing Under NMFC

LTL Freight Industry Shifts to Densitybased Pricing Under NMFC

NMFTA updates the NMFC, placing greater emphasis on density-based classification. Shippers must accurately declare cargo information, and carriers will strictly penalize misrepresentation. The ClassIT+ platform assists with compliance. This update highlights the importance of precise density calculations in LTL shipping. Accurate reporting prevents penalties and ensures fair pricing based on the space a shipment occupies. The changes aim to streamline the classification process and promote transparency between shippers and carriers. Utilizing tools like ClassIT+ is crucial for navigating the updated NMFC guidelines and maintaining compliance.

01/30/2026 Logistics
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