Latest news with #freight
Yahoo
7 hours ago
- Business
- Yahoo
C.H. Robinson will use AI agents to classify LTL freight
Global logistics provider C.H. Robinson has announced the launch of a pioneering AI agent designed to adapt to the upcoming changes in the National Motor Freight Classification (NMFC) system for less-than-truckload (LTL) freight. As the largest mover of LTL freight among third-party logistics (3PL) providers in North America, C.H. Robinson is positioning its proprietary technology to revolutionize how shippers classify their freight, marking a major leap in efficiency and accuracy in the logistics industry. Classifying LTL freight has long posed challenges for shippers due to the complex, manual processes involved. Traditionally, each shipment's classification required a detailed analysis of four factors: density, handling, liability, and stowability. Density involves calculating the pounds per cubic foot, with higher density often resulting in a lower freight class and thus a lower shipping cost. Handling considerations look at the ease with which a product can be moved between terminals, with more fragile items potentially requiring higher freight classes. Liability encompasses the potential for damage or perishability of the item and its ability to damage adjacent shipments. Lastly, stowability evaluates whether freight can be stacked or turned to maximize space utilization without requiring special handling conditions. C.H. Robinson's new AI tool is set to simplify these evaluations. By automating the classification process, the AI agent minimizes human error and expedites order processing. 'We have a fleet of over 30 AI agents performing tasks that had defied automation for decades,' said Arun Rajan, Chief Strategy and Innovation Officer at C.H. Robinson. 'Now we're building AI agents that help our AI agents.' This innovation is particularly significant given the upcoming changes to NMFC classifications, which can increase uncertainty and errors if not addressed with precision. The AI agent's ability to automate and streamline freight classification will have profound implications for the company's West, Vice President for LTL, noted the impact on efficiency: 'Before generative AI, half of our LTL orders were automated by way of customers using our global shipper platform or direct connectivity between our tech and their tech. We have the freight classifications for those shippers baked into our system.' With the new AI agent in place, C.H. Robinson has enhanced its automation capabilities, resulting in over 75% of LTL orders being automated—particularly benefiting small-to-medium businesses heavily reliant on email-based freight tenders. The AI agent's speed and capacity for multitasking vastly outperform human abilities in processing freight classifications. In its early months of operation, it has managed to determine the freight class and code for about 2,000 orders per day—a task that would conventionally require substantial human resources and time. 'Manually looking up or confirming the freight class and code for every emailed LTL tender can easily take a person 10 minutes or more per shipment,' Rajan pointed out. 'Our AI agent can do the same in about 10 seconds for first-time reasoning tasks, and just three seconds post-training, handling numerous shipments simultaneously.' This technological advancement not only accelerates the classification process but also reduces operational costs and turnaround times, effectively getting customers' freight on the road faster. C.H. Robinson expects this will result in enhanced customer satisfaction and more strategic supply chain operations without the risk of delays associated with misclassified the overhaul of the NMFC system looms, C.H. Robinson advises shippers to ensure their readiness by accurately gauging their freight dimensions and weight, both crucial for correct NMFC classification. The logistics leader also announced collaborations with dimensioner technology vendors to offer discounts, aiding customers in achieving precise measurements for their shipments. 'C.H. Robinson's track record of LTL innovation sets the standard for our industry,' commented Michael Castagnetto, President of North American Surface Transportation. C.H. Robinson's new LTL freight classification tool is a step into the future of freight logistics, providing a transformative solution to a longstanding industry challenge. As the new NMFC standards take effect, this AI agent is poised to play a crucial role in supporting shippers through the transition. The post C.H. Robinson will use AI agents to classify LTL freight appeared first on FreightWaves.
BBC News
11 hours ago
- Business
- BBC News
Condor sells former Jersey and Guernsey passenger ferry to DFDS
A ferry which served the Channel Islands for nearly 30 years is to be repurposed to transport DFDS said the purchase of Condor's Commodore Goodwill would "enhance lifeline freight services connecting Jersey with Portsmouth and St Malo".Under the plans, Commodore Goodwill will be reflagged under the UK flag, and renamed Caesarea Trader in homage to Jersey's Latin name, vessel is 126 meters (43ft) long, has a cargo capacity of 1250 cubic metres, the equivalent of about 80 trailers. It will be renovated ahead of its launch later this year, replacing the MV Arrow, the leased vessel currently transporting Jersey's freight, said DFDS."We are delighted to be able to announce the acquisition of Goodwill, " said Chris Parker, the company's Jersey route director."We are working hard to get it ready for service and in the meantime MV Arrow and her crew will continue to provide an excellent service for the island."
Yahoo
a day ago
- Business
- Yahoo
Chicagoland trucking firm files for bankruptcy following railroad suit
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Illinois transportation firm Nortia Logistics — which allegedly defaulted on repaying Union Pacific Railroad for freight services — filed for Ch. 11 bankruptcy on June 9. Union Pacific sued Nortia in May and alleged the asset-based business lapsed in repaying a $3.6 million promissory note, representing freight debt from Dec. 6, 2023, through May 6, 2024. The Chicagoland business also owes over $1.3 million in lease terminations, among other unsecured claims. Nortia has around $1.4 million in estimated assets and nearly $5.8 million in liabilities, according to the bankruptcy filing. Assets included forklifts and Volvo trucks, and the company was leasing 26 trucks through Penske Truck Leasing along with warehouse and office space with 36 months remaining. The firm had 56 power units and 45 drivers as of Feb. 20, according to a Federal Motor Carrier Safety Administration database. With the Union Pacific debt, Nortia was on a repayment schedule starting a year ago but missed monthly payments in Q4 2024 totaling over $499,000, Union Pacific's suit said. The trucking firm still owed a remaining balance of $3.2 million, the railroad said in a January letter. Large carriers and analysts have been noting in recent years how they expect capacity to retreat from the surge of trucking businesses due to pandemic-fueled demand. Recent bankruptcy filings have come from firms such as Balkan Express, AZA Transportation and Angie's Transportation. Nortia generated $40 million in revenue in 2023, nearly $29.5 million in 2024, and over $8.3 million from Jan. 1 up until the bankruptcy filing, according to the court document. Recommended Reading Illinois carrier files for Chapter 11 bankruptcy
BBC News
3 days ago
- Business
- BBC News
Chapel Milton's Victorian viaduct to undergo £7.5m upgrade
A landmark railway viaduct spanning a Derbyshire valley is set to undergo a 7.5m of the 160-year-old twin viaducts at Chapel Milton, near Chapel-en-le-Frith, will be improved by Network Rail between now and the Victorian structure allows two freight lines to transport about 25,000 tonnes of stone, cement and limestone a day across the Black Brook Valley from four Peak District Hunter, from Network Rail, said it required a "modern touch to make sure freight trains can pass over it safely and efficiently for generations to come". He added: "Each train takes about 76 wagons off the roads."The longevity of the viaduct is essential to the success of the economy and reducing the carbon footprint of the construction sector." Preparatory work has already begun ahead of the main upgrade project, which will include repairing brickwork, installing handrails and guardrails to improve safety for workers and strengthening the Great Rocks line will close between 29 August and 7 September while the track is removed and replaced by contractor first line of the Chapel Milton Viaduct was opened in 1867 for trains from London St Pancras to and from Manchester, with the second fork towards Sheffield operational from was built for passenger services, but is now solely used for are being invited to an information event between 16:00 and 19:00 BST on Wednesday at Chinley Chapel to find out more about the work and its impact on the community.
Associated Press
08-06-2025
- Business
- Associated Press
Dynamo Freight Announces $100M Milestone: A Pandemic-Era Startup That Revolutionized Freight Brokerage
Built on custom tech, fueled by culture, and driven to defy convention—Dynamo Freight scaled to $100M+ by doing what others wouldn't: building trust first and chasing volume last. Pittsburgh, PA, United States, June 8, 2025 -- From Crisis to Clarity Pittsburgh-based Dynamo Freight is reshaping the freight brokerage industry by combining technological precision with human-centric values. Founded at the height of global supply chain disruption, the company has grown into a $100M+ operation. Rather than chase volume alone, Dynamo has chosen to scale through purpose, culture, and trust. Co-founders William 'Bill' Loeffler and Ellie Kocjancic launched the company with a clear goal: build a freight operation rooted in enduring values and reliable relationships—not temporary gains. 'We weren't chasing flash—we were chasing foundation,' says Loeffler. 'We built for trust, performance, and people.' BOLT: The Tech That Powers Every Load At the heart of Dynamo Freight's infrastructure lies BOLT—a proprietary logistics platform designed and developed in-house. Unlike off-the-shelf solutions common in the industry, BOLT was created specifically to serve the needs of freight operators and customers, enabling: 'BOLT isn't just a tool—it's our nerve center,' says CIO Sean Malloy. 'It helps us make fast, informed decisions and protects every link in our freight network.' Culture That Ships: Dynamo's C.O.R.E. Code Beyond its technology, Dynamo is powered by an internal culture known as C.O.R.E.—a leadership and accountability framework that guides decision-making, team engagement, and long-term growth. The C.O.R.E. values include: 'C.O.R.E. isn't written on posters—it's how we operate every day,' says Kocjancic. 'If you live it, you grow. And when you grow, the whole company gets better.' Proof in Performance Dynamo Freight's rise hasn't come from hype—it's come from execution. In 2023, the company earned major industry recognition, including: These accolades validate what Dynamo has always believed: consistent execution beats empty promises—and long-term trust wins over short-term gain. Today, a team of over 30 employees operates from the company's Pittsburgh headquarters, supporting a growing national carrier network and a diverse client base—from Fortune 500 retailers to specialized manufacturers. More Than Movement: A Freight Model with Staying Power Unlike competitors focused solely on automation or volume, Dynamo Freight is building a balanced model—one that leverages advanced technology without losing the human connection that drives success. 'This isn't a moment—it's a model,' says Loeffler. 'We're not just moving freight. We're moving the industry forward.' What's Ahead As the logistics industry rapidly evolves with AI, automation, and rising customer expectations, Dynamo Freight is positioning itself as a next-generation brokerage. The company plans to: By staying focused on culture, control, and client satisfaction, Dynamo is proving that a values-first approach is not just different—it's better. Want to Move the Industry Forward With Us? About Dynamo Freight Founded in 2020, Dynamo Freight is a tech-driven freight brokerage based in Pittsburgh, PA. Built on its proprietary BOLT platform and guided by a values-first C.O.R.E. culture, the company delivers secure, transparent, and relationship-driven logistics solutions across North America. Dynamo Freight continues to grow through operational excellence, purpose-built technology, and a commitment to doing things differently. Media Contact Name: William 'Bill' Loeffler Role: Co-founder, Dynamo Freight Contact Info: Name: William 'Bill' Loeffler Email: Send Email Organization: Dynamo Freight Website: Release ID: 89161844 Should you detect any errors, issues, or discrepancies with the content contained within this press release, or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team will be available to promptly respond and take necessary steps within the next 8 hours to resolve any identified issues or guide you through the removal process. We value the trust placed in us by our readers and remain dedicated to providing accurate and reliable information.
