Trucking

John Kingston Friday, July 17, 2020

Marten, Heartland stock prices get boost after strong quarters

Tightened capacity seen as a spur to both Heartland and Marten beating estimates, with optimism from analysts going forward The earnings reports of truckload carriers Heartland Express and Marten Transport released on Thursday, July 16 continued to resonate with investors a day later, with the stock prices of both companies recording significant gains.  At approximately […]

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Alan Adler Wednesday, July 15, 2020

Breaking News: Navistar plans autonomous semi in 2024

Navistar is partnering with self-driving technology startup TuSimple to shave up to five years off the timeline for autonomous semis. It is targeting 2024 to sell International-branded driverless trucks.   Navistar International Corp. (NYSE: NAV) took an undisclosed minority stake in startup TuSimple, whose valuation exceeds $1 billion. The 2024 driverless target date vaults Navistar into […]

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Noi Mahoney Sunday, July 12, 2020

Borderlands: More than 1,400 Texas trucking/freight-related companies received PPP loans; $4.2 million in drugs seized at Pharr port of entry

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: 1,403 Texas trucking/freight-related companies received PPP loans; $4.2 million in drugs seized at Pharr port of entry; Visible SCM acquires TriCon; and Liftit raises $22.5 million in Series B funding.

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