RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.
June 18, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
No rankings are available for this year.
Extras
Private Equity Firms Invest in RPM Freight Systems
Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks
Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.
Efficient Use of Space Is Key in Weak Freight Market: Study
Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.
House Panel Takes Up Water Resources Development Act
This month, the transportation panel in the U.S. House of Representatives plans to vote on a policy update to the country’s commercial waterways.
Judge Orders BNSF to Pay Washington Tribe Nearly $400 Million
SEATTLE — BNSF Railway must pay nearly $400 million to a Native American tribe in Washington state, a federal judge ordered after finding that the company trespassed across the tribe’s reservation.
Waabi Raises $200M as It Eyes Fully Driverless Trucks in '25
Autonomous technology developer Waabi raised $200 million that will help carry it through the commercial launch of fully self-driving trucks in 2025, the Toronto-based company said.
Werner CEO Says Freight Market Is Returning to Normal
Werner Enterprises CEO Derek Leathers said patterns emerging in the cargo marketplace point to a long-awaited adjustment that could help lift trucking out of its persistent freight recession.
Perspective: How Refrigerated Trucking Delivers for Summer
During the summer, consumers purchase more produce and fresh blooms. Behind the scenes, the logistics industry takes certain steps for transporting these goods safely and efficiently.
CSX Plans Infrastructure Work at Maryland Yard
CUMBERLAND, Md. — Infrastructure improvements at CSX’s Cumberland yard will increase capacity and allow railcars that previously couldn’t move through the yard to do so, the company said.
June 17, 2024NTSB to Approve East Palestine Report June 25
WASHINGTON — This month, the National Transportation Safety Board is scheduled to approve its investigative findings about a freight train derailment last year in East Palestine, Ohio.