The race to self-driving and electric vehicles has focused medium and heavy-duty vehicles lately, even though many believe local and urban is the best place for electric trucks. udelv, though, is focusing on that last-mile.
After reviewing 30 site locations, Nikola Motor Co. has announced that Buckeye, AZ – just outside Phoenix – will be the location for its manufacturing headquarters.
Covenant Chairman and CEO David Parker said 2018 will bring wage hikes, rate increases, and unprecedented opportunities for team carriers due to the ELD mandate.
General Motors (GM) has positioned itself to be “the prime mass-market manufacturer of self-driving cars” according to a report by Automotive IQ.
Even trucking original equipment manufacturers are not immune to spot freight volatility. Because of that, Daimler Trucks North America (DTNA), is working to shore up its supply chain relationship with contracted freight carriers through a new digital platform.
Two-year-old startup NEXT Trucking has secured $21 million in a Series B round of financing, led by Sequoia Capital, as it seeks to stand out in a crowded field of competitors looking to match available truck capacity with freight.
Despite all this good news, an underlying problem remains for many truckers – getting paid. There are still some shippers that are dragging their feet when it comes to settling their bills, and that leaves carriers short of cash.
The American oil boom has already electrified the wider economy and increased demand for truckload miles; could it also stabilize fuel prices long term?
The burning of natural gas instead of coal offers important and immediate benefits, including reduced air and water pollution, fewer smokestack carbon emissions, less power plant water use, greater flexibility of the power grid, and renewed economic development in gas-rich regions of the country.
Transparency18 is designed to be a unique freight conference for participants. Towards that end, the two-day event will dedicate one day to live product demonstrations. Companies are encouraged to sign up to demonstrate their innovative solutions.
FedEx Corp. will accelerate pay increases for hourly employees this year as part of its response to the new tax law and expected benefits from it. The company will also make investments in facilities in Indianapolis and Memphis.
Global logistics giant DHL recently launched the Global Trade Barometer, a first of its kind solution that helps in predicting cross-border trade flows and growth in global trade based on logistics big data and artificial intelligence models.
The National Shipping Company of Saudi Arabia, better known by its local acronym Bahri, has finally received its latest carrier classified as a very large crude-oil carrier (VLCC).
Building “a trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration, and high-speed value transferring” is the business model of blockchain-as-a-service (BaaS) company VeChain. In other words, it’s seeking to stop counterfeiters.
Geneva, Switzerland-based Mediterranean Shipping Company (MSC) has officially announced its roll on-roll off (RORO) service for West African routes, the Handy Shipping Guide reports.
Online retailers and buyers alike often face the conundrum of being made to choose between fast delivery and low-cost shipping. Buyers are forced to pay extra to ensure same-day delivery of items.
The nature of the ship-management business makes it hard for the companies to pay attention to details, thus accumulating uncontrolled expenses over time, reducing profits and making the overall process inefficient.
No surprise, the e-commerce trend has entrenched itself into the lives of consumers — for better or worse — and there’s no turning back now. Another round of retailers this year has filed for bankruptcy.
It is a well-worn axiom in the investing world that “the most expensive thing on Wall Street is an ego.” It’s true in the world of investing money, but it’s true for the rest of the world as well.
According to a survey of participants on a recent FTR webinar, only 11% of the people believe the ELD impact has been severe. A full 52% say the impact has been moderate while 34% say it is minimal. Three percent don’t believe it’s had any effect.”
