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Andrew, Michael Leto Secure Funding for New Online Freight Marketplace

Serial entrepreneurs Andrew and Michael Leto, who started GlobalTranz Enterprises and 10-4 Systems, both of which were sold earlier this year, are launching a new enterprise. It is a software platform called Emerge that allows shippers and carriers to book loads, track shipments and source new capacity in what is being described as a private freight marketplace.

November 19, 2018

Cadence Premier Logistics Opens Center in Illinois

Cadence Premier Logistics has opened the Pit Stop Truck Center, a 77,000-square-foot facility in Joliet, Ill., the company announced Nov. 14.

November 16, 2018

Driver-Assist Systems Don’t Always Work, AAA Tests Show

DETROIT — Testing by AAA shows that electronic driver-assist systems on the road today may not keep vehicles in their lanes or spot stationary objects in time to avoid a crash.

November 16, 2018

Musk to Prowl Production Lines in Push for Model 3 Milestone

Tesla CEO Elon Musk says he will walk the entire Model 3 production line Nov. 27-28. From battery cells to finished vehicles, all assembly areas need to be able to support making 1,000 cars per day, he said.

November 16, 2018

VW to Invest $50 Billion in Autonomous, Electric Cars

FRANKFURT, Germany — Automaker Volkswagen says it will invest $50 billion (44 billion euros) in developing autonomous and electric cars and expand the appeal of battery-powered cars by selling its upcoming ID compact for about what a diesel-powered Golf costs.

November 16, 2018

Tesla Has Bought Trucking Companies to Boost Deliveries, Elon Musk Says

Elon Musk apparently is charting his way out of what he’s referred to as “delivery logistics hell” by making acquisitions and lining up contracts with trucking haulers.

November 15, 2018

ZAF Opens Nickel-Zinc Battery R&D Facility in Montana

Battery technologies developer ZAF Energy Systems has announced the opening of a research and development facility in Bozeman, Mont., according to a Nov. 13 press release. Scientists and engineers at the 8,000-square-foot facility are developing nickel-zinc technologies with an emphasis on performance improvements and cost reduction.

November 15, 2018

Turvo Raises $60 Million in Series B Funding

Turvo, a collaborative logistics platform, announced Nov. 8 it had raised $60 million in Series B funding.

November 15, 2018

Ruckit Unveils Platform for Heavy Construction, Bulk Materials Industry

Transportation software service provider Ruckit has announced a collaborative logistics platform for bulk-materials producers, trucking companies and general contractors.

November 15, 2018