Knight-Swift Transportation Holdings announced Dec. 6 that it acquired RAC MME Holdings and its subsidiaries from Red Arts Capital for $150 million in cash.
December 6, 2021Search
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Better Planning, Equipment Maintenance Are Key to Improved Loading Dock Efficiency
In a time when supply chain issues have reached critical mass, trucking and warehouse companies, as well as dock equipment managers, have been searching for solutions for better efficiency.
December 3, 2021Walmart Takes New Step Toward Making Aerial Deliveries Routine
Walmart Inc. is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.
November 22, 2021Amazon Brand Owner Heyday Raises $555 Million in Funding Round
Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.
November 16, 2021J.B. Hunt Execs Say Mandate Issues Extend Beyond Drivers
The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.
November 12, 2021UPS, TuSimple Expand Partnership
UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.
November 4, 2021J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
November 1, 2021September Shatters Already High Used Class 8 Prices
In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.
October 27, 2021Ryder Reports Strong Q3, Beats Expectations
Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.
October 27, 2021Current Driver-Assist Tech Effective, Experts Say
NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.
October 27, 2021