Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.
May 31, 2022Search
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Brian Work of CloneOps.ai discusses where AI agents fit into today’s supply chain workflows and what they might mean for the future of trucking operations.Â
Trailer Manufacturers, Suppliers Aim to Help Fleets Curb Fuel Costs
Fleets and shippers have found that monitoring trailer performance plays an important role in achieving optimal fuel savings.
May 31, 2022IndiGo Founder Partners With UPS for Logistics Venture
The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.
May 26, 2022Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages
With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.
May 24, 2022U.S. Xpress Cuts 70 Corporate, IT Jobs
After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.
May 13, 2022Trucking Continues to See Robust M&A Market
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022Yellow Narrows Losses, Outlines Goals
Yellow Corp. posted its best first-quarter results in six years as losses narrowed and revenue increased, the company announced May 10.
May 11, 2022VTNA Gets Orders for 90 More VNR Electric Trucks
LONG BEACH, Calif. — Volvo Trucks North America announced NFI Industries and Quality Custom Distribution, between them, placed orders for an additional 90 Volvo VNR Electric Class 8 vehicles.
May 11, 2022U.S. Xpress Reports Earnings Loss Despite Revenue Gains
U.S. Xpress Enterprises reported revenue growth but a decline in earnings for the first quarter of 2022.
May 9, 2022China’s Port Lockdowns Threaten Domestic Trucking
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.
May 5, 2022