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Sequoia Capital Leads Group Pumping in Cash to Startup Next Trucking

Next Trucking has received $21 million in a round of financing led by Sequoia Capital, the freight marketplace startup announced Jan. 30.

January 30, 2018

Truck Tonnage Down in December, Up for 2017

Truck tonnage rose 3.7% in 2017, the largest annual increase since a 6.1% gain in 2013, according to American Trucking Associations’ Truck Tonnage Index. The annual increase came despite a 5.7% year-end drop in tonnage from November to December.

January 23, 2018

Port of Savannah Breaks Container Traffic Record

The Port of Savannah has shattered its record for container traffic in a year, processing more than 4 million industry-standard 20-foot-equivalent units (TEUs) in 2017, the Georgia Ports Authority announced Jan. 22. The previous record was 3.7 million TEUs in 2015.

January 22, 2018

Two Canadian Deals Highlight Continued Consolidation in Trucking

A consolidation trend among Canadian trucking companies continues, with Manitoulin Transport completing its purchase of intermodal carrier Direct Right Cartage, and Groupe Robert announcing plans to combine its heavy-haul business with QSL Group and Express Mondor.

January 17, 2018

Capitol Agenda for the Week of Jan. 16: LiveOnWeb’s 2018 Government Outlook

Approval of a provision that would clarify meal-and-rest break rules for truckers will be delayed if Congress clears for President Donald Trump this week a short-term funding measure. Here's a look at the week ahead for trucking on Capitol Hill.

January 16, 2018

Maersk, IBM Form New Blockchain Company for International Cargo

IBM and A.P. Moeller-Maersk A/S have started a company that will use new technologies such as blockchain, a digital ledger best known for underpinning bitcoin, to track cargo movements and automate paperwork for shipping across international borders.

January 16, 2018

Trump's NAFTA Ideas Are a 'Lose-Lose-Lose' for Carmakers, Says Auto Supplier

The chief executive of North America’s biggest auto supplier warned that overly complex NAFTA changes could result in a “lose-lose-lose” situation that leaves U.S., Mexican and Canadian manufacturers vulnerable.

January 10, 2018

Ford Partners With Postmates in Path to Driverless Delivery

Ford Motor Co. is expanding its driverless delivery experiment beyond pizza by partnering with Postmates to test what it will take to eventually remove the driver from on-demand distribution.

January 9, 2018

Western Express Buys Connecticut Property for $1.7 Million

Western Express has paid more than $1.7 million for 12 acres in Plainfield, Conn., to expand its operations.

January 9, 2018