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A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.

Every year Wialon, an ultimate GPS tracking platform, recognises the best telematics services providers in different regions. The winners were named during the Wialon Top Partners award ceremony and this year BrickHouse Security topped the ranking in North America.

FedEx Corp. defused a threat by its delivery contractors to walk off the job on Black Friday in protest of dwindling profits as a trade group representing disgruntled logistics company owners disbanded.

BrightDrop, a General Motors Co. startup focused on offering electric delivery options, told investors Nov. 17 it’s on track to reach $1 billion in revenue in 2023.

Two theft rings that netted more than $18 million worth of merchandise stolen from railroad cars have been dismantled, authorities said Nov. 17, months after images of a sea of discarded containers along Union Pacific tracks in Lincoln Heights, Calif., drew national attention.

Amazon.com Inc. CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.

The CMA CGM Group announced that Peter Levesque is taking over leadership of its North American operations from Ed Aldridge, who is retiring.

SAINT-BRUNO-de-MONTARVILLE, Quebec — Trucking telematics provider Isaac Instruments is investing in artificial intelligence and rolling out new products such as a driver mobile app to advance its mission to “simplify trucking.”