XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.
April 4, 2019Search
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Carmakers Sell More to Rental Companies as Retail Demand Weakens
Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.
April 4, 2019Tech Investor Iconiq Buys Majority Share of Truckstop.com
A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms.
April 4, 2019Trucker Tools Helps 3PL Choptank Corral Tech Holdouts
Choptank, a third-party logistics service provider, says it recently incorporated a wider array of Trucker Tools, a system of applications, to more rapidly “shed” manual processes such as phone calls. Trucker Tools helps drivers and brokers track freight and bid on jobs.
April 3, 2019Tesla Quarterly Sales Announcement Could Come With a Surprise
Tesla Inc. will announce this week how many cars it built and sold for the quarter. It’s always a day of suspense for investors, especially after a tumultuous 2018 in which production tripled while managing to fall short of dramatic targets set by Tesla CEO Elon Musk. This time around, there could be another surprise.
April 1, 2019Senate Appropriators Raise Livestock Industry’s ELD Concerns
Federal policymakers continue to share livestock haulers' concerns over the ELD mandate. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
April 1, 2019How Consolidation and Freight Networks Are Disrupting the Logistics Landscape
Logistics companies are employing new business strategies to adapt to an ever-changing market.
April 8, 2019I.D. Systems Acquires Pointer Telocation for $140 Million
I.D. Systems Inc., a New Jersey-based tracking technology company, has acquired Pointer Telocation Ltd., an Israeli provider of telematics and mobile internet of things services, in a $140 million deal, the companies report.
March 27, 2019UPS, Startup Begin First Regular Drone Deliveries in US
UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.
March 26, 2019Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway
Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.
March 26, 2019