Next Secures $97 Million in Series C Round of Funding
Next, a company that uses smart matching and predictive load technologies to connect shippers and carriers, announced it has secured $97 million in its Series C round of funding. The company will use the funds in part to launch Relay, a service to address congestion at shipping ports.
February 5, 2019Saia Reports Record Fourth-Quarter Earnings
In the midst of a strong U.S. economy, less-than-truckload carrier Saia Inc. reported record fourth-quarter earnings Feb. 4.
February 5, 2019Standardizing Collision Avoidance Systems Is One of NTSB’s Most Wanted Safety Improvements
WASHINGTON — Automobile and truck manufacturers should develop a standard practice of installing collision avoidance technology in their vehicles, according to the National Transportation Safety Board, which named the system as one of its 10 Most Wanted Transportation Safety Improvements.
February 4, 2019Suppliers Use HDAW 2019 to Unveil Latest Efforts
LAS VEGAS — Suppliers of a variety of products and services for the aftermarket announced developments here during Heavy Duty Aftermarket Week.
February 4, 2019Forget the Super Bowl: Boston Celebrates Truck Day
One day after the New England Patriots beat the Los Angeles Rams in the Super Bowl, Boston-area fans had more to celebrate as they marked Truck Day, when fans turned out at Fenway Park to send off trucks to spring training that are carrying the gear and equipment for the World Champion Red Sox.
February 4, 2019Diesel Rises a Whisker to $2.966 a Gallon
The U.S. average retail price of diesel increased ever so slightly the week of Feb. 4, rising to $2.966 a gallon, one-tenth of a cent higher than last week.
February 4, 2019TransForce Forms Holding Company
TransForce Inc., a company that supplies drivers for trucking firms, private fleets and logistics service providers, announced the formation of a holding company to oversee three distinct business units.
February 4, 2019Volkswagen to Use Tesla Batteries at Car-Charging Stations
Tesla Inc.’s battery systems will be installed at more than 100 electric-vehicle U.S. charging stations this year.
February 4, 2019Wabco to Roll Out North American Service Network
LAS VEGAS — Wabco North America plans to roll out, beginning in the third quarter, a network of certified independent service centers to support trucks and trailers using its parts.
February 4, 2019Transportation Groups Want State of the Union to Highlight Infrastructure Needs
Transportation priorities need to be included in President Donald Trump's State of the Union address, industry stakeholders say. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
February 4, 2019