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, 2018Spending on Trucking Services Soars in Fourth Quarter
Spending on trucking services advanced by their highest rate this decade in the fourth quarter of 2017, spurred by demand and tight capacity, according to the U.S. Bank Freight Payments Index, a quarterly measure of quantitative changes in freight shipment and spending activity tracked on a national and regional level.
January 25, 2018Fleets Seek Drivers as Turnover Rate Hits 95%
Driver turnover at large truckload fleets rose 5% in the third quarter to a 95% annualized rate, the highest churn since the end of 2015, according to American Trucking Associations.
December 7, 2017Capitol Agenda for the Week of Nov. 6: Tax Reform Cometh
The leader of a group representing a large portion of the trucking industry is urging lawmakers to advance a tax reform bill the Republican-led tax-writing House Ways and Means committee will consider for most of this week.
November 6, 2017Illinois County Freight Plan Balances Growth, Livability, Officials Say
By its very title, the Will County, Ill., Community Friendly Freight Mobility Plan sounds like an “oxymoron,” but the 238-page document does attempt to balance the needs of economic development with residents’ quality of life, officials said.
September 18, 2017Kansas DOT Grants Help Ease Freight-Route Congestion
Certain cities in Kansas are using state Department of Transportation funding to reshape roads near distribution centers that draw freight congestion.
August 30, 2017Mack’s Second-Quarter Orders Surge 58%
For the second consecutive quarter, Mack Trucks delivered fewer trucks than a year ago but received a surge in orders, as a result of an active construction segment and slowly improving freight environment in North America.
July 19, 2017ATA Forecasts 2.8% Freight Growth for 2017, 3.4% Rise Through 2023
American Trucking Associations predicts that freight volumes will grow 2.8% this year and then 3.4% per year through 2023,
July 19, 2017Opinion: The Quest for Universal Freight Visibility
Asset tracking has always answered the question: “Where’s my truck?” It still does, of course, but some cloud-based, third-party software providers now merge widely scattered tracking resources to provide unparalleled visibility for shippers, brokers, carriers and third-party logistics companies, or 3PLs.
July 6, 2017Georgetown Rail Colloquium Highlights Health of Rail, Ongoing Viability of Trucking
Several speakers at the Georgetown University McDonough School of Business' "The Economics and Regulation of the Freight Rail Industry" colloquium addressed various aspects of railroad and other transportation industries June 16.
June 16, 2017