Bot Auto, a pioneering company in autonomous vehicle (AV) technology, based in Houston, Texas, announced the successful completion of its Pre-A funding round which was oversubscribed, raising $20 million. The round was led by prominent domestic and international investors: Brightway…
Truckload freight volumes and rates continued on divergent paths in August, with shipments rising and prices falling for the third straight month, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service.…
Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced its newest Class 4 addition to the Logistar series, the Logistar® 450 (“LS450”) model for sale and distribution in the…
Netradyne, a global leader in AI-powered fleet safety technology, has announced a strategic partnership with Roos Fleetservice GmbH, a premier provider of fleet management solutions in Germany. This collaboration will introduce Netradyne’s flagship Driver•i platform to Roos Fleetservice’s European clientele,…
Tom’s Truck Center, a leading name in commercial truck sales and service and a key member of the Nikola sales and service dealer network, has launched the first onsite hydrogen refueling station at a commercial truck dealership. Located at Tom’s…
Motive, a leader in AI-driven integrated operations platforms, has announced the launch of a groundbreaking security solution tailored for the unique needs of businesses in Mexico. This new technology aims to help fleet operators mitigate theft, recover stolen goods more…
Integrated Specialty Coverages (ISC), a leading multi-line program administrator based in Carlsbad, California, known for its advanced use of artificial intelligence, data analytics, and predictive modeling in insurance, is excited to announce the appointment of Matt Grimm as Senior Vice…
Eaton, a global leader in intelligent energy management, will showcase a range of cutting-edge solutions for hydrogen-powered commercial vehicles at the IAA Transportation 2024 event in Hanover, Germany, from September 17 to 22. “Hydrogen has the potential to significantly reduce…
UPS (NYSE: UPS) has announced an agreement to acquire Frigo-Trans and its affiliate BPL, renowned providers of complex healthcare logistics based in Germany. This acquisition will strengthen UPS’s comprehensive healthcare logistics capabilities across Europe, catering to the growing demand for…
Attorney Amy Witherite, whose firm specializes in motor vehicle accidents, is advocating for regulations on driverless trucks. A public opinion poll commissioned by Advocates for Highway and Auto Safety found that 86% of respondents expressed concerns about sharing the road with driverless…
Today, McLane Company, Inc., one of the largest distributors in America and an industry-leading partner to the biggest retail and restaurant brands, kicks off McLane Engage, its annual trade show and conference in Nashville, Tenn., with a refreshed format and…
Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its recognition as one of the Top 10 3PLs in the 2024 Readers’ Choice Excellence Awards by Inbound Logistics. This is the third consecutive year Ryder has been named…