22 Oct Uber Launches Powerloop, a Trailer-Rental Business, to Build Drop-Freight Network Uber Technologies Inc. has started Powerloop, a trailer leasing and rental business, to support drop-freight opportunities for carriers and shippers using its Uber Freight load-matching network. Read more...
22 Oct AB Volvo Posts Record Third Quarter, Higher Income and Revenue AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries. Read more...
19 Oct Daimler Cuts 2018 Outlook After Lower 3Q Projections Daimler AG on Oct. 19 cut its earnings outlook this year for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group. Read more...
19 Oct States Feel Brunt of Driver Shortage in Search for Snowplow Drivers State departments of transportation seeking equipment operators to take on temporary seasonal work have not been able to avoid the driver shortage that the trucking industry grapples with daily. Read more...
19 Oct Refiners Slump as Trump Looks to Slow-Roll IMO Fuel Mandate U.S. refiners are getting stung by President Donald Trump’s reported efforts to keep consumer prices from rising in the run-up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry. Read more...
19 Oct B&H Worldwide Expands European Network British aerospace logistics provider B&H Worldwide announced the opening of two offices in Europe as well as the launch of a Europewide road freight network to provide an alternative road transport solution to current airfreight services. Read more...
19 Oct BigRoad Freight Introduces Personalized Load-Matching Platform BigRoad Freight has launched a new set of features that gives drivers access to personalized load boards, load searching and truck posting through the BigRoad app. That allows them more control over the shipments they choose, according to a press release. Read more...
19 Oct NTDC Grand Champion Scott Woodrome to Be Honored at MCE The country’s top truck driver will be honored at the Management Conference & Exhibition, the annual industry gathering hosted by American Trucking Associations. Read more...
19 Oct Some Suppliers Cautious After Sears Files for Bankruptcy Shortly after filing for bankruptcy earlier this week, Sears Holdings Corp. sent a letter to suppliers asking for their “ongoing support.” That’s been a difficult pitch. Some vendors have stopped shipping products to the retailer over concerns they won’t get paid, according to people with knowledge of the situation, who asked not to be identified because the talks are private. Read more...
19 Oct DeliveryCircle Launches SaaS Platform KrewZen DeliveryCircle, a same-day delivery solution for shippers, has introduced KrewZen, a Software-as-a-Service platform that gives retailers, third-party logistics companies and distributors the tools to build a local delivery network for same-day, final-mile deliveries. Read more...