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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North American Intermodal Volume Rebounds Eyes Yearend Growth

North American Intermodal Volume Rebounds Eyes Yearend Growth

North American intermodal volumes rebounded in August, signaling a potential recovery, according to the Intermodal Association of North America. Domestic containers and international ISO containers led the growth, though year-to-date figures remain challenging. Experts suggest a flattening peak season, with inflation and diesel prices presenting both opportunities and challenges. Companies should optimize their supply chains, enhance services, and embrace digitalization to capitalize on the upcoming peak season. The rebound indicates a positive trend despite ongoing economic uncertainties affecting freight transportation.

01/29/2026 Logistics
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Businesses Adapt to Persistent Supply Chain Disruptions

Businesses Adapt to Persistent Supply Chain Disruptions

SEKO Logistics experts point out that the e-commerce surge and port congestion have led to a global supply chain facing a 'never-ending peak season.' Businesses should plan ahead, optimize inventory, diversify their supply chains, strengthen collaboration, and adopt digital technologies to address the challenges and embrace the new normal of supply chains. Proactive planning and strategic adjustments are crucial for navigating the complexities of the current logistics landscape and ensuring business continuity during periods of high demand and potential disruptions.

01/29/2026 Logistics Industry Insights
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Arrive Logistics Raises 300M for Techdriven Logistics Expansion

Arrive Logistics Raises 300M for Techdriven Logistics Expansion

Arrive Logistics secured over $300 million in funding led by ATL Partners. The investment will fuel technology innovation, service expansion, and team building, with the goal of reshaping the logistics ecosystem and enhancing customer experience. The company plans to increase investment in its proprietary Transportation Management System (TMS), expand Less-Than-Truckload (LTL) and intermodal services, and actively recruit industry talent. This funding will allow Arrive Logistics to further solidify its position as a leading provider of technology-driven logistics solutions.

01/30/2026 Logistics
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Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel Adopts AI for Inventory Management Replacing Traditional Methods

Intel successfully transitioned its inventory management from relying on 'rules of thumb' to a data-driven approach by introducing a 'multi-echelon inventory optimization' algorithm model. This significantly reduced inventory investment and improved demand fulfillment rates. The model automates inventory target calculations, freeing up planners to focus on more complex issues. Intel's practice provides valuable insights for other companies, demonstrating the immense potential of algorithms in optimizing inventory management. This shift led to more efficient resource allocation and improved overall supply chain performance.

01/29/2026 Logistics Industry Insights
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WCO Strengthens Zambias Antiwildlife Trafficking Efforts

WCO Strengthens Zambias Antiwildlife Trafficking Efforts

The World Customs Organization (WCO), through its INAMA project, supports Zambia Customs in enhancing its intelligence capabilities to combat the illegal trade in endangered species. A WCO expert team visited Zambia to provide strategic advice and technical assistance, covering intelligence gathering, analysis, dissemination, and risk management. This initiative aims to strengthen Zambia Customs' enforcement capabilities and contribute to global biodiversity conservation efforts. The project focuses on improving intelligence-led enforcement to effectively target and disrupt wildlife trafficking networks operating through Zambian borders.

02/02/2026 Customs Knowledge
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US Trucking Industry Faces Scrutiny Over Hours of Service Rule

US Trucking Industry Faces Scrutiny Over Hours of Service Rule

The US trucking Hours of Service (HOS) regulation reform faces potential delays due to a Democratic-led "comprehensive review." The new rules aim to improve long-haul transportation efficiency and flexibility. However, Democrats are demanding a safety impact analysis of the rules, which could lead to implementation delays. Trucking associations have expressed concern over potential delays, but remain optimistic about the eventual implementation. The review focuses on ensuring driver safety and preventing fatigue-related accidents under the revised HOS guidelines.

02/03/2026 Logistics
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Logistics Sector Transforms Amid Delistings Ecommerce Shifts

Logistics Sector Transforms Amid Delistings Ecommerce Shifts

The logistics industry is undergoing profound changes. Deppon delisted seeking transformation, e-commerce platforms competed for transportation capacity with Spring Festival subsidies, and ZTO Express led in scale. Schneider Electric's Wuhan factory was recognized for smart manufacturing, J&T Express accelerated infrastructure development, China Southern Airlines Logistics achieved record-high cargo volume, Walker Vifaa Technology aimed for IPO, Jiushi Intelligent obtained unmanned vehicle licenses, and Cainiao's overseas warehouse orders grew. Companies are seeking change and innovation in competition, embracing intelligent manufacturing and globalization.

02/03/2026 Logistics
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Uschina Trade War Disrupts Shipping Alters Supply Chains

Uschina Trade War Disrupts Shipping Alters Supply Chains

Escalating US-China trade tensions have led some international brands to suspend ocean freight from China to the US. The Port of Los Angeles is experiencing a surge in canceled sailings, posing difficult choices for businesses. While short-term freight volume data remains acceptable, a decline is anticipated in the second half of the year. The trade friction may trigger a reshaping of supply chains, requiring businesses to proactively address challenges and seize opportunities. Companies must adapt to the evolving landscape to maintain competitiveness.

11/03/2025 Logistics
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US Tariffs Cut China Exports Hit Shipping Sector

US Tariffs Cut China Exports Hit Shipping Sector

Increased US tariffs on Chinese goods have led to a sharp decline in export bookings from China to the US, forcing shipping companies to cancel sailings. Despite tariff exemptions granted by the US government, a significant volume of transpacific container imports remains affected. Shipping lines like Hede, Matson, SeaLead, TS Lines, and COSCO are facing increased pressure as the industry navigates transformative challenges. The reduction in trade volume is directly impacting their operations and profitability, forcing them to adapt to the new economic landscape.

11/03/2025 Logistics Industry Insights
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