Author: Transport Topics

Apax VIII, a fund advised by Apax Partners, will sell its entire stake in insurance broker AssuredPartners to an investor group led by Chicago-based private equity firm GTCR, according to AssuredPartners’ news release.

Mark Russell has joined Nikola Corp.’s executive management team as president at a time when the company said it is poised to start production of several groundbreaking zero-emissions vehicles.

Roadie, an on-the-way delivery service with the nation’s largest local same-day footprint, said it has raised $37 million in funding from The Home Depot, Warren Stephens and TomorrowVentures, among others, officials announced Feb 25.

Rocketail announced the launch of Rocketail Wing, its rear drag-reduction technology for trailers.

Universal Logistics Holdings Inc. reported its best quarter ever, marking its eighth consecutive reporting period in which a revenue record was set.

SAN DIEGO — Video telematics and analytics provider Lytx is rolling out a customizable platform that lets users select and shift between features on its video-based safety data and fleet tracking services, just as the company is surpassing a milestone for driving miles analyzed, it said.

A viable remedy to one of trucking’s most vexing problems is at the industry’s fingertips, but current federal law stands in the way. The problem, if you haven’t guessed, is the driver shortage. The remedy, if you haven’t guessed, is bringing younger drivers into the fold.

Trimble Inc. will collaborate with Digi International, a global provider of Internet of Things connectivity products and services, to allow Trimble fleet customers to use Digi’s SmartSense application on refrigerated trailers, according to a joint press release.

Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.

U.S. trailer orders in January reached 25,800, dropping 35% compared with a year earlier, according to ACT Research Co.