Motive lays off 6% of workforce, blames slowing demand
Fleet solutions provider Motive has laid off 6% of its workforce, citing slow demand and higher operating costs.
Fleet solutions provider Motive has laid off 6% of its workforce, citing slow demand and higher operating costs.
Motive raised $150 million to invest in products aimed at the “safety, productivity and profitability” of businesses.
“We are experiencing rapid growth across different customer segments and verticals, and more and more companies from non-trucking industries are asking to use our products. We believe that as we are entering our next phase of growth, the time is right to implement this change,” said Motive CEO Shoaib Makani.
Ran Transportation enters busy TMS space in hopes of differentiating from the competition.
Some of the larger TMS providers cost four times what EKA charges and without as many features.
New Omni-TMSTMA cloud-based platform helps dispatch productivity and load-movement visibility.
DRIVE automatically spots areas for improvement so drivers can request coaching to boost their safe driving miles.
“Over the past year, our customers have grown their fleets by 21%, and with our Series E funding, we are now well-positioned to grow alongside them by investing in talent and technology to better serve all businesses that power the physical economy,” says the CEO of KeepTruckin.
KeepTruckin has unveiled Fuel Hub, a telematics-based machine learning tool that can help identify drivers and vehicles that may be using more fuel than needed.
In 2020, J.B. Hunt reported more than 1.2 million loads were processed through its platform, exceeding $1.4 billion in transactions.