21 Feb FourKites Garners $35 Million From Investors to Expand Business FourKites has received $35 million from investors to fund expansion of its shipment tracking technology to new international markets and to develop new products. Read more...
21 Feb Port of New Orleans ‘Evolution’ Could Include Billion-Dollar Project Increasingly pressed for space upriver as cargo business continues to grow, Port of New Orleans officials are looking at the idea of building a new $1 billion-plus container terminal and distribution facility on a 675-acre undeveloped tract of land in nearby Meraux — a project that could create thousands of jobs and provide a major boost to St. Bernard Parish’s long-stagnant economy. Read more...
21 Feb Truckers Against Trafficking Launches ‘Man to Man’ Awareness Campaign A nationwide campaign aimed at raising awareness about human trafficking, and amplifying industrywide efforts was launched by Truckers Against Trafficking and key partners, the group announced Feb. 21. Read more...
21 Feb Sales of Existing Homes Unexpectedly Fell in January Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National Association of Realtors report showed Feb. 21. Read more...
21 Feb Lawmakers Commence Fiscal 2018 Funding Bill Negotiations A fiscal 2018 funding bill being negotiated is expected to provide a viable vehicle this year for advancing a meal and rest break provision for truckers which proponents argue would improve safety and efficiency. Read more...
21 Feb Former Amazon Executive Joins Covenant Transport as Chief Transformation Officer Covenant Transport Services has hired a former executive at Amazon and rival U.S. Xpress Enterprises to serve in the newly created position of chief transformation officer. Read more...
21 Feb Idaho Hack Less Severe Than Projections Indicated A recent cyberattack targeting the Idaho Transportation Department did not jeopardize as many truckers’ personal information as originally feared, according to an agency spokesman Read more...
21 Feb Opinion: US Gets Serious About Driver Training While the electronic logging device mandate has been dominating the headlines, a lesser-known provision enacted by the Federal Motor Carrier Safety Administration will require that U.S.-based commercial driver license training facilities prove they meet facility, staff and curriculum requirements. Read more...
21 Feb Port Authority of N.Y., N.J. to Dedicate $44 Million to Hudson River Tunnel Project The Port Authority of New York and New Jersey voted on Feb. 15 to dedicate $44 million to the multibillion dollar Hudson River tunnel project. Read more...
21 Feb Daimler Throws Shade at Tesla as Truck Rivalry Heats Up Daimler AG cast doubt on Tesla Inc.’s plan to deliver electric heavy trucks next year, saying its more modest goal to start selling battery-powered big rigs by 2021 is more realistic. Read more...