Venture fund with the largest number of Fortune 1000 corporate investors backs two trucking startups

Venture fund with the largest number of Fortune 1000 corporate investors backs two trucking startups

Trucking venture funding continues to pick up steam. One fund, backed by the largest grouping of Fortune 1000 companies in the world and a top engineering school, makes an investment in two trucking startups for its initial set of investments. 

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Oil is not going away for decades- if ever

Oil is not going away for decades- if ever

 An impending terminal crisis in net energy is looming over the global economy, according to Jonathan Rutherford of Insurgent Intelligence. The kind of growth that some multinational companies have been conducting is “green growth,” he notes with no signs of “degrowth.”

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Dump trucks running late? There's an app for that

Dump trucks running late? There's an app for that

Many people don’t realize it, but construction firms have many of the same problems with truck visibility and tracking that less-than-truckload and truckload carriers have. And a truck arriving late can throw off an entire project's schedule. That's why Truck IT has introduce an app to help.

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UPS, FedEx find common ground on business-friendly policies

UPS, FedEx find common ground on business-friendly policies

An unlikely alliance has formed between FedEx and UPS over a common problem. Their respective chief executive officers co-wrote an editorial in the Wall Street Journal in an attempt to get the attention of Trump administration and policy makers regarding needed industry reforms.

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After years of trying, are digital freight brokers finally here to stay?

After years of trying, are digital freight brokers finally here to stay?

The latest craze in logistics is the “uberization of trucking,” i.e. digital freight brokers (DFM). In reality, though, DFMs are not new, with the first iteration of them appearing in the early 2000s with companies such as Power2Ship and TransMarkets. They have gained steam lately thanks to technological advances, but there is still some question about whether they are here to stay this time.

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Superloads halted, other restrictions in place for eclipse

Superloads halted, other restrictions in place for eclipse

Preparations for Great American Eclipse are continuing, with some trucking associations along the path of totality (the 70-mile wide stretch where the eclipse will be fully visible) pushing education campaigns and others bans on certain types of loads.

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