Since coming to the U.S. from Sudan in 1999, Lual Akoon has built a new life for himself — as a trucker and an advocate, meeting with legislators and representing drivers nationwide.
June 21, 2024Search
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Chipmaker Nvidia Becomes Most Valuable Company in S&P 500
Nvidia’s startling ascent in the stock market reached another milestone June 18 as the chipmaker rose to become the most valuable company in the S&P 500.
June 18, 2024Private Equity Firms Invest in RPM Freight Systems
RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.
June 18, 2024What's That? Less-Than-Truckload (LTL)
Less-than-truckload shipping is used to transport freight that doesn’t require a full truckload trailer. In general, most LTL shipments weigh between 500 and 15,000 pounds, and are shipped on pallets and only require a portion of a trailer. Since LTL shipments don’t use an entire truck, free space on the truck is often shared by other shipments from other shippers or carriers.
June 18, 2024Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks
Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.
June 18, 2024May Medium-Duty Sales Decline 6% Year-Over-Year
U.S. retail sales for medium-duty trucks declined year-over-year in May after six consecutive months of gains, according to data from Wards Intelligence.
June 18, 2024Efficient Use of Space Is Key in Weak Freight Market: Study
Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.
June 18, 2024House Panel Takes Up Water Resources Development Act
This month, the transportation panel in the U.S. House of Representatives plans to vote on a policy update to the country’s commercial waterways.
June 18, 2024Lawmakers Seek to Limit Chinese Influence on Chipmaking
U.S. lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories.
June 18, 2024Fleets Persevere Through Down Market With Care and Creativity
The largest for-hire carriers have persevered through a down market with care for their customers and close attention to controlling costs.
June 21, 2024