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Thomas Wasson

Reporter · US

Indexed articles, last 90 days
30
Latest publication
Sep 23, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 24, 2026

Latest articles

  1. Article · Sep 23, 2026 · Thomas Wasson

    Alvys acquires LoadOps customers; Optym keeps LoadAi (opens the original)

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    Alvys is acquiring the LoadOps customer base from Optym as part of a strategic partnership the two companies announced Wednesday. Alvys told FreightWaves that the financial elements of the transaction are private. The arrangement makes Alvys the transportation management system for carriers and brokers that ran LoadOps, Optym's TMS. Optym keeps LoadAi, its load planning and driver assignment platform, and is putting its resources there. Optym has spent more than 25 years applying operations rese

  2. Article · Sep 14, 2026 · Thomas Wasson

    Kenco opens new innovation lab for warehouse automation testing (opens the original)

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    CHATTANOOGA, Tenn. — Kenco opened a 30,000-square-foot Innovation Lab on Sept. 10, tripling a testing footprint the third-party logistics provider first built in 2015. The larger facility allows Kenco to run warehouse automation testing on larger and more complex systems. It also allows more of those systems to run side by side. Testing takes place inside a building designed to mirror real-world warehouse conditions so results carry over to a live distribution center. Ainsley Williams, vice pres

  3. Article · Sep 13, 2026 · Thomas Wasson

    Bank exits squeeze truck financing for mid-size fleets (opens the original)

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    Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on. Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Ca

  4. Article · Sep 10, 2026 · Thomas Wasson

    Motive raises $1.3 billion from General Catalyst (opens the original)

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    Motive announced Thursday it secured more than $1.3 billion in growth financing from General Catalyst and withdrew its previously filed S-1. The San Francisco-based company reported its annual recurring revenue crossed $600 million, the company's strongest quarter. ARR growth accelerated to 30% year over year. ARR from customers spending more than $100,000 grew nearly 60% year over year. Net revenue retention for these customers was above 120%. Pranav Singhvi, a managing director at General Cata

  5. Article · Sep 1, 2026 · Thomas Wasson

    Last-mile costs rise 12% for a second year (opens the original)

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    CHICAGO — Last mile costs continue to rise. On Thursday, FarEye released new research putting that cost into perspective using survey data. The survey found median last-mile costs rose 12 percent in 2026, matching the increase operators saw a year ago. Six in 10 operators reported increases above 10 percent, and one in five reported increases above 20 percent. Eighty-eight percent of operators said delivery cost is growing as fast as revenue or faster. Only one in eight operators is creating ope

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