Three years ago, the company Convoy was founded with the goal of using technology to provide an Uber-like service for booking on-demand freight shipments. Investors like Jeff Bezos and Waymo-parent Alphabet have invested in the company, which recently surpassed $1 billion in valuation. HDT's Deborah Lockridge checked in to see what the company is working on now.
Startup company dexFreight says it has completed its first blockchain-based shipment using smart contracts, allowing the shipper and carrier to directly connect, negotiate rates, and schedule pickup and delivery.
Applying blockchain technology to trucking may hold promise in the future, but at the present, its application in the industry is somewhere between “hype and reality."
A whole new means of moving people and freight is quickly moving from concept to reality all around the globe.
A study focusing on autonomous vehicles says these new technologies could send massive shock waves through our society. Trucking is not immune.
Sitting still and worrying about all the new technology coming at us is not an option, said Carlton Rose, UPS president, global fleet maintenance and engineering, at the kickoff breakfast for the ATA’s Technology & Maintenance Council Annual Meeting in Atlanta.
When asked to name one disrupting force in the truck parts aftermarket all members of a panel of aftermarket executives said technology whether on the vehicle, in the shop or in back office.
While globalization has been around for some time, it’s affecting the commercial truck market more than ever before, according to a session at Heavy Duty Aftermarket Dialogue in Las Vegas Monday.
3D printing is about as big a disruptor as you’ll find in the freight-hauling world, t has the potential to wipe a lot of freight right off the map, says Executive Contributing Editor Rolf Lockwood.
Trucking may be facing a level of “disruption” not seen since trucking deregulation in 1980, said four “trucking legends” who went through it – but basic business concepts and treating drivers right will likely help trucking companies survive, according to a panel discussion at the American Trucking Associations’ annual Management Conference & Exhibition.