Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.
October 25, 2019Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Schumer Proposes $462 Billion Car Swap — Gas for Electric
WASHINGTON — Senate Minority Leader Chuck Schumer is proposing a $462 billion trade-in program to get millions of Americans out of climate-damaging gas vehicles and into electric or hybrid cars over the next decade.
October 25, 2019XPO Logistics Launches Partnership With MIT
GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.
October 24, 2019Ford to Debut New Electric Vehicle Nov. 17
Ford Motor Co. will debut its first battery-electric crossover Nov. 17, the automaker said Oct. 24.
October 24, 2019Echo Global’s Net Income Drops 49% in Q3
Echo Global Logistics Inc., a Chicago-based technology-enabled transportation management service, said profits dropped by about half in the quarter ended Sept. 30.
October 24, 2019More Groups Advocating For Highway Bill, Infrastructure Push Congress
A coalition of nearly 40 prominent infrastructure stakeholders has urged the powerful Republican leader of the U.S. Senate to set up consideration for a comprehensive highway bill this year.
October 24, 2019Haldex Sees Net Income Fall, Revenue Rise in Q3
Commercial vehicle brake supplier Haldex AB reported lower third-quarter earnings and higher revenue as it increased sales slightly in North America.
October 24, 2019Truck Makers Face Nearly $1 Billion in Price-Fixing Claims
Daimler AG, Volvo AB and other truck makers should be ordered to pay 867 million euro ($965 million) over a price-fixing cartel, according to lawyers in Germany for companies that were overcharged.
October 24, 2019Tesla Shares Soar as Elon Musk Packs Profit Report With Positives
Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.
October 24, 2019San Diego MTS Launches $12.5 Million Electric Bus Pilot Program
Transit officials in San Diego are rolling out a new $12.5 million pilot program to test the region’s first electric buses.
October 23, 2019