Interest in freight-related startups and technology continues to grow, as evidenced by several recent investment deals as well as a first-of-its-kind Founders Camp whereby representatives from 20 startup firms met with trucking executives and shippers …
Category: News
Tesla Secures Land in Shanghai for First Foreign Factory
BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.
Diesel prices continue to climb across U.S.
For a third straight week, on-highway diesel prices set a new high for 2018; while gasoline prices take a slight dip across most of the U.S.
Becoming a driver was key to understanding truckers
Trucking sociologist and author Steve Viscelli learned a lot as an OTR trucker by driving thousands of miles behind the wheel of Class 8 truck.
Midterms 2018: Key Transportation Democrats in Tough Election Contests
Sen. Bill Nelson of Florida, the ranking member of the transportation committee, is one of several Democrats on the midterm ballot. Here’s how transportation Democrats may fare.
FreightRover Gets Backing to Launch Freight Payment Service
FreightRover, a company launched a year ago by a former top executive at Celadon Group to provide technology to automate vendor payments, has secured a financing facility of up to $500 million from Crayhill Capital Management and other investors to sup…
Housing Starts Sank 5.3% in September
WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
Congrats on limiting the effects of the increase cost of fuel
The shortage of drivers is changing the dynamics of trucking costs and could alter the labor/fuel cost ratio.
Trump Plans Exit From Postal Treaty as Measure Against China
President Donald Trump plans to withdraw the United States from a 192-nation treaty that gives Chinese companies discounted shipping rates for small packages sent to American consumers, another escalation of his economic confrontation of Beijing.
Volvo: ‘Not Clear’ How Many North American Vehicles Are Affected by Component Issue
Volvo Group said it could not yet determine the impact of a faulty component on its North American trucks as it was still evaluating the scope of the problem.