Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front.
October 20, 2017Search
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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.
Universal Logistics Strong 3Q Forecast Dashed
Two weeks after Universal Logistics Holdings offered a bright outlook for its third-quarter earnings report, the company reversed course Oct. 19, telling investors that a jury verdict will knock it back once again.
October 20, 2017How Trump Getting His Way on NAFTA Would Reshape the Auto Sector
Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.
October 18, 2017NAFTA Deadlock Dashes Hopes for a Quick Deal
NAFTA talks are switching gears and slowing down as key obstacles emerge, with Canada and Mexico rejecting what they see as hard-line U.S. proposals and negotiators exchanging their strongest public barbs yet.
October 18, 2017SoCal Port Turn Times Improve Six Minutes in September
Truck drivers took six fewer minutes to enter and exit the two large Southern California ports last month compared with September 2016, although one year ago, Hanjin Shipping rattled the supply chain when it abruptly shut its doors Aug. 31.
October 18, 2017Mexico and Canada Reject US NAFTA Demands
The ministers leading NAFTA negotiations ended the latest round of high-level talks saying they’re extending discussions into the first quarter of 2018 to resolve differences after Canada and Mexico rejected what they see as hardline U.S. proposals.
October 17, 2017Anheuser-Busch Taps Seattle Trucking Startup Convoy to Transport Beer
Anheuser-Busch has signed a multi-year partnership with Seattle-based trucking startup Convoy to transport beer.
October 17, 2017Commercial Processing at Tornillo US-Mexico Port of Entry Suspended for ‘Lack of Demand’
In the years leading up to the construction of an about $133 million port of entry in Tornillo, Texas, county leaders talked about the need for a bridge that would alleviate commercial traffic at other border crossings in El Paso.
October 17, 2017Dragon Capital Invests in New Shipping Platform
Dragon Capital Investments Ltd. has agreed to buy a minority stake in ShipNEXT, a web-based shipping platform developed by Varamar Group in Odessa, Ukraine.
October 16, 2017Nvidia's Powerful New Computer to Power DHL Autonomous Delivery Vehicles
Nvidia Corp. said Oct. 10 it’s helping Deutsche Post AG and its subsidiary DHL automate their fleet of electric delivery vehicles with a powerful new computer.
October 13, 2017