On the strength of a strong economy and the sale of one its divisions, Oak Brook, Ill.-based transportation management company Hub Group reported record third-quarter results Oct. 25.
October 26, 2018Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Uptake, Geotab Partner for AI-Powered Fleet Management
Industrial solutions software company Uptake and fleet telematics provider Geotab have partnered to develop a service to help fleets predict failures.
October 26, 2018BlueGrace to Bolster Presence in Chicago
BlueGrace Logistics has announced that it will add jobs and approximately double its footprint in the Chicago Board of Trade.
October 26, 2018African Logistics Company Lori Announces Expansion
Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.
October 26, 2018UPS, Seattle to Launch eBike Downtown Delivery Program
UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.
October 25, 2018Daimler Reports Lower 3Q Results Despite Gains in North American Truck Sales
Daimler AG reported lower net income and revenue in the third quarter despite gains at its North American truck business. The company — the world’s largest luxury car manufacturer also is the largest truck maker — had forecast the results in recently released guidance.
October 25, 2018Blockchain-Based dexFreight Completes First Truckload Shipment
Decentralized logistics platform dexFreight announced Oct. 24 that it had completed its first shipment — of frozen foods — using a blockchain-based contract system.
October 25, 2018Tesla Profit Blowout Reverses Much of Elon Musk’s Damage to Stock
Tesla Inc. blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
October 25, 2018Glider Kit Study Drew ‘Inaccurate’ Conclusions, Tennessee Tech Finds
A misconduct investigation completed by Tennessee Technological University concluded that university researchers erred when stating in an industry-funded glider kit study that emissions from the trucks are as clean or cleaner than those from newer trucks.
October 24, 2018Chasing the White Line -- Retaining Drivers
As driver turnover and retention continues to affect the ability for transportation businesses to deliver, being able to quickly make better decisions more often is the key to winning drivers over and keeping them in the game.
November 1, 2018