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Loaded and Rolling: Autonomous trucking startup TuSimple goes private

On Wednesday, autonomous trucking startup TuSimple went private after voluntarily delisting from Nasdaq following two years of stock and boardroom drama. FreightWaves’ Alan Adler writes, “TuSimple was the first autonomous trucking company to demonstrate driverless operations on an open highway. One of its trucks traveled 80 miles with no human on board from Tucson, Arizona, to Phoenix in December 2021.” The post Loaded and Rolling: Autonomous trucking startup TuSimple goes private appeared first ....

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Freight market staying 'lower for longer,' Cass says

Shipment declines accelerated in July while total freight spend remained under pressure. The post Freight market staying ‘lower for longer,’ Cass says appeared first on FreightWaves. ....

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Freight shipments, spend see largest y/y declines this cycle

Freight volumes and spending fell sharply in May, but Cass Information Systems maintains an outlook that the bottom of the cycle is near. The post Freight shipments, spend see largest y/y declines this cycle appeared first on FreightWaves. ....

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Total Freight Costs Fall Year Over Year In December For First Time In 28 Months

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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June Shipments Decline: Latest Cass Data Shows Volumes Weaken, Costs Hit New High

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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