Author: Transport Topics

Cargo Chief, which provides a carrier integration platform for 3PLs, announced it has raised more than $2.5 million, according to a Jan. 25 press release.

Peterbilt has named the Jost JSK37 12-inch inboard air slide fifth wheel as standard on its Model 579 Class 8 truck, according to a Jan. 22 press release from Jost. The standardization became effective Jan. 1.

Able Moving & Storage has acquired assets of My Truck Buddy in a transaction between Virginia moving companies.

Paccar Inc. reported record revenue in the fourth quarter and, excluding one-time benefits, higher net income. Annual revenue and net income set records, too, as it delivered 189,100 vehicles worldwide in 2018.

GlobalTranz Enterprises Inc., a third-party logistics service provider, has acquired California-based freight brokerage and logistics company Our Freight Guy.

GlobalTranz Enterprises Inc., a third-party logistics service provider, has acquired California-based freight brokerage and logistics company Our Freight Guy.

FoodMaven, which provides an online marketplace for oversupplied, out-of-spec and local food, has closed a $10 million round of funding, the Colorado Springs, Colo., startup said.

The U.S. average retail price of diesel was unchanged the week of Jan. 28 at $2.965 a gallon and now is about 10 cents a gallon cheaper than it was a year ago, according to the U.S. Energy Information Administration.

The road to the 2019 National Truck Driving Championships begins March 29-30 when Louisiana becomes the first state to hold its event. See the 2019 schedule.

Equipment provider Transport Services Inc. acquired Tra-Serv, which offers sales, rental and leasing, parts and service throughout Ohio and the surrounding areas.