A slowdown in demand for truck equipment is fueling competition among finance companies and commercial banks, which could lead to more consolidation in a sector that has seen a sell-off by the industry’s biggest player, company executives said.
May 16, 2016Business
DAT Solutions Offers TMS for Entry-Level Brokers
Load board operator DAT Solutions announced that it had introduced transportation management software designed for entry-level freight brokers called DAT Keypoint Ops.
June 6, 2016Business, Fuel
Comdata Offers Program to Help Fleets Control Hotel Costs
Fuel-card provider Comdata is offering a program to help fleets control hotel expenses while helping over-the-road drivers quickly find lodging options via a mobile application.
December 17, 2015Business
Household Goods Mover Suddath Acquires Secor
The Suddath Cos., one of the nation’s largest household goods movers, announced it has acquired The Secor Group, a moving and storage firm that has been in business for 125 years.
December 7, 2015Business
Rates Stay Firm, Load Patterns Uneven, DAT Says
Load board operator DAT Solutions said freight rates remained firm during the week ended Aug. 22, while freight trends on the spot market remained uneven.
August 26, 2015Business
DAT Reports Weekly Spot Market Rate Drop
DAT Solutions said its spot market loads for the seven-day period ended July 4 fell 20% compared with the prior weekly period.
July 9, 2015Business
Spot Truckload Rates Rise on Tight Capacity, DAT Reports
Available spot truckload market loads jumped 36% last week while capacity increased just 5.5%, helping to push spot rates higher, DAT Solutions reported.
June 11, 2015Business
UPS, DHL Provide Logistics Support for Nepal Earthquake Recovery
UPS Inc. and DHL said they will be providing logistics support for recovery efforts in Nepal after a magnitude 7.8 earthquake April 25 killed more than 4,000 people.
May 1, 2015Business
DAT Report Shows Loads Rise 32% in August
The latest DAT report of spot freight market activity showed a 32% increase in freight volume in August from last year.
September 16, 2014Business
Vigillo Expands Athena Data-Mining Platform
Vigillo is offering new fuel and maintenance dashboards within its Athena “big-data” platform, representing a further expansion of the company’s data analytics capabilities.
September 9, 2014