I Squared Capital acquired a majority stake in FlexiVan Leasing Inc., the private equity firm said. As a result, the company said it is merging FlexiVan with American Intermodal Management.
January 28, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Paccar Q4 Net Income Slips, but Annual Profit, Revenue Hit Records
While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.
January 28, 2020Diesel Fuel Market Stable as IMO Mandate Takes Hold
One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.
January 28, 2020Perspective: Using AI to Reduce Turnover
Fleets searching for ways to find and retain safe drivers can find answers in their own data, if they know how to properly mine it, says Hayden Cardiff of Idelic.
January 28, 2020China’s Karma Automotive Plans to Enter Electric Truck, SUV Fray
The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.
January 27, 2020Campaign to Address Transportation Management and Operations Workforce Development
The National Operations Center of Excellence launched a workforce development campaign geared toward professionals in the transportation systems management and operations field.
January 27, 2020C.H. Robinson Launches Incubator Robinson Labs
C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.
January 27, 2020SAF-Holland Adds to Customer Services With New Digital Catalog
GRAPEVINE, Texas — SAF-Holland will relaunch its aftermarket parts-on-demand electronic catalog in a more comprehensive and user-friendly digital format, POD Plus. The company said the new catalog would be available to all of its distribution channel in the second quarter, calling it another step in SAF-Holland’s digital transformation.
January 27, 2020FHWA Grant Will Support Autonomous Crash Truck in North Dakota
The North Dakota Department of Transportation will use a recently awarded federal grant to deploy an autonomous attenuator truck.
January 24, 2020Secretary Elaine Chao Touts Proposed Update to Environmental Review Process
The Trump administration’s aim of further streamlining the environmental review process would help advance certain infrastructure projects, Transportation Secretary Elaine Chao said Jan. 22.
January 24, 2020