XPO Logistics to Launch Enhanced Last-Mile Capabilities Online
XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.
April 4, 2019Jobless Claims Fall to 49-Year Low, Below All Forecasts
Filings for U.S. unemployment benefits unexpectedly fell, dropping to the lowest since December 1969, as the labor market tightened further.
April 4, 2019Investors Leery of Sharp Downturn in Labor Market
Investors were on edge a year ago for signs the U.S. labor market was overheating. Now they’re primed for the opposite.
April 4, 2019Tesla Plunges as Delivery Drop Deepens Demand Concerns
Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.
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, 2019Investment Firm Regains Ownership of GlobalTranz
GlobalTranz Enterprises has struck a deal with Providence Equity Partners to acquire the business from The Jordan Co. in a move designed to provide additional financial support for the company’s aggressive growth strategy.
April 4, 2019FMCSA to Drivers: Don’t Overthink Personal Conveyance Time
LOUISVILLE, Ky. — Some truck drivers still are grappling with the definition of personal conveyance time. They shouldn’t be, according to a top executive for the Federal Motor Carrier Safety Administration.
April 4, 2019Real-time Freight Visibility: Keys to a Successful Implementation
Transportation professionals are being challenged to operate more efficiently, consequently embracing real-time capabilities of freight visibility for improved performance. To realize the maximum value from their investment, top-performing companies look to these best practices for implementing a visibility tool.
April 4, 2019Crash Not Your Fault? FMCSA Says Soon It Won't Hurt Your CSA Score
LOUISVILLE, Ky. — Beginning in August, the Federal Motor Carrier Safety Administration plans to make permanent a demonstration program that allows truck crashes in which the driver was not at fault to be listed as “not preventable” in Compliance, Safety, Accountability program scores.
April 3, 2019Louisiana’s Courville Gets Crowned, Again, at State Truck Driving Championships
It is no surprise that defending Grand Champion Eric Courville showed up with his game face on for the Louisiana Truck Driving Championships on March 29. He came and he conquered, scoring 391 points to reign supreme again.
April 3, 2019