Morning Minute | August 13, 2025

Waabi announced the appointment of former Uber Freight CEO Leor Ron as its new COO, signaling a major transition from research and development to commercialization and scale. This strategic move aims to accelerate Waabi's journey towards a driver-out milestone by year-end and expand partnerships with industry giants like Volvo and Uber Freight.

The US and China have extended a pause on higher tariffs for goods from each country until November 10th, narrowly avoiding proposed increases. This extension maintains the US levy on Chinese imports at 30% and China's tariff on American products at 10%, allowing for continued negotiations on key trade issues.

Freight tech company GoodShip also announced a successful Series B funding round, securing $25 million to advance its AI-driven freight management platform. This platform has already proven its value for enterprise shippers, helping clients significantly reduce transportation costs by 3-5% and decrease late shipments by 20%.

Tune into FreightWaves TV today for a new episode of WHAT THE TRUCK?!? at noon, with a replay available later. Don't forget to get your tickets for the upcoming F3 event (Use code MORNINGMINUTEF325 for $900 off) and register for the cross border logistics summit in early September, both offering valuable insights and networking opportunities.

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