Uber Freight may be on the way to stand-alone company
A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
Truck drivers play an essential role in the world economy, but life isn’t easy for them. Drivers face a wide variety of issues and challenges that affect both them and the industry as a whole. For example, trucker issues contributed to the driver shortage, as qualified drivers leave the industry because of low pay and difficult working conditions. Other truck driver challenges include issues related to health and wellness. Truckers must deal with a lack of exercise, poor diet, extended periods without bathroom breaks, eye strain, cramped conditions, poor sleep — not to mention the mental toll of being away from home and family for days at a time. Though many drivers earn good wages, the physical and mental stress isn’t always worth it to them.
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A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
Knight-Swift’s David Jackson and fellow trucking executives sound off on regulations and the economy at TCA’s annual meeting.
The long-planned acquisition of a bigger stake in Pilot by Berkshire Hathaway has been completed, and new data is expected to emerge as a result.
Driverless truck-tech companies say their equipment is as safe — or safer — than traditional devices used to warn the public of trucks stopped on the highway.
The annual WorkHound survey of drivers and other logistics workers got more praise and more comments overall.
FreightWaves’ “State of Freight” webinar for February had little good news for carriers hoping for higher rates sometime soon.
Quarterly figures for BMO, a major trucking lender, reveal some weakening of financial performance but not at a huge rate.
The California Air Resources Board’s update on the Advanced Clean Fleets rule has only minor variations, and the journey to new regulations next year is well on its way.
The annual OOIDA survey on driver compensation has findings on use of digital brokerages that don’t appear to line up, but definitions may be the issue.
Michigan truck owner has not provided enough safety evidence in his hours-of-service request to federal regulators.