Trucking

Deal brings PS just over 40 new power units

Enterprises sometimes adopt several different SaaS products, only to end up with processes without cross-functionalities due to lack of integration.

The analytics function of this software can ultimately save fleets money, but it will be a team effort.

In today’s edition of The Daily Dash, fleets looking for excess insurance coverage are paying top dollar; Landstar projects a strong Q3; and Waymo will test autonomous vehicles in the last mile.

Nearly 45,000 drivers predicted to be shut out in 2020 due to drugs and alcohol.

Company raises guidance for the rest of the year.

Market share grew at Daimler Trucks North America and PACCAR even as Q2 sales sank under the weight of the COVID-19 pandemic.

Amazon cargo planes will make daily deliveries to and from the company’s newest airport in Lakeland, Florida.

P.A.M. Transportation points to automotive manufacturing closures as reason for second-quarter loss.

Fully driverless vehicles will take at least a decade to deploy over large areas, and adoption will occur at different rates across the country, according to an MIT brief.

Two recently released indices show that June continued the trucking market’s climb from its low levels of April.

Using a third-party administrator is touted as a way to ward off big verdicts against trucking firms.

“Nuclear verdicts are destroying the excess market. Until someone puts a leash on these lawsuits, I don’t see prices going down that’s for sure,” said Reliance Partner’s Joe Schreiner.

Landstar’s earnings call outlines the company’s better-than-expected guidance.

Before mass-producing electric trucks in Arizona, Nikola plans hand-built models in a pilot facility that will speed sales while phased construction of its $600 million plant proceeds.

Cautious optimism expressed for the June trucking market by analysts at both organizations

In today’s edition of The Daily Dash, autonomous-truck startup TuSimple may not be meeting revenue projections, Knight-Swift reports strong Q2 earnings, and a driver misclassification suit against New Prime reaches a $28 million conclusion.

Although the driver only worked in Massachusetts, he’s an interstate commerce worker. That changes the rules for settling disputes with the retail giant.

Canadian trucking and logistics firm Mullen Group reports a large drop in profits in its second-quarter financial results. But the company is positioning itself for recovery as business activity comes back.

Tesla will build its newest Gigafactory near Austin, Texas, chief executive Elon Musk announced during the company’s earnings call on Wednesday.