SpaceX Veterans Raise $100M to Run Driverless Freight Trains
Parallel Systems raised $100M in Series C funding led by AVP to scale its driverless, battery-powered Panther rail vehicles for short-haul freight routes under 500 miles.
Topic
Freight
Topic
Freight
Fed Hikes to 3.75%–4.00%: What the Rate Path Means for Freight
The FOMC lifted its target range to 3.75%–4.00% on September 16, with IORB at 3.90% and ON RRP at 3.75%. The move raises financin…
Tabi Connect and Kleinschmidt Automate Freight Quoting
Tabi Connect and Kleinschmidt will automate freight quoting via the Kleinschmidt Intelligence Network, applying broker pricing ru…
16 Trucking Companies Hit Bankruptcy Court in Less Than a Month
At least 16 trucking, delivery and transportation companies entered bankruptcy between late August and Sept. 21, per FreightWaves…