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The New York Shipping Exchange, founded in 2015 by a former industry executive to make the container shipping market more efficient, is raising another $15 million to expand contracts that can help protect companies’ supply chains from price hikes and other uncertainties.

UPS Inc. started delivering coronavirus vaccines with the use of drones as part of a new initiative announced Aug. 24.

Phillips Industries announced it released its QWIK-Clamp for charging cables with an insert designed for single or dual pole applications.

Truck tonnage in July declined 2.9% when measured against the same month in 2020, according to American Trucking Associations’ For-Hire Truck Tonnage Index.

Hyundai Translead has selected TNT Sales as its dealer for the state of Missouri.

FleetPride Inc. announced it acquired the assets of National Truck Repair of Longview, Texas.

Jacobs Vehicle Systems announced it named Mark Stuebe president. He is a 30-year veteran in the commercial vehicle and industrial manufacturing industries.

Los Angeles-based Xos Inc., which is developing fully electric Classes 5-8 commercial vehicles for last-mile service, announced the completion of its business combination with NextGen Acquisition Corp. The combined company will have the name Xos Inc. and its shares began trading Aug. 20 on the Nasdaq Capital Market under the symbol XOS.

Although the top eight private carriers are unchanged from a year ago, there are some significant shifts and several notable newcomers elsewhere on the 2021 Top 100 Private Carriers list.

The nation’s new chief accident investigator wants to send a message: growing public confusion over automated driving systems in the U.S. is threatening to undermine the potential safety benefits of the technology.