Category: Trucking News

GoodShip Secures $8M Series A Led by Bessemer Venture Partners to Scale Freight Orchestration and Procurement Platform

The funding builds on a $5M seed round in 2023 and recent launches of an AI-powered RFP scenario builder and industry-first collaboration capabilities. NASHVILLE, Tenn.–(BUSINESS WIRE)–#freighttech—GoodShip, the all-in-one platform for freight network orchestration and procurement, today announced an $8M Series A funding round led by Bessemer Venture Partners. The round brings GoodShip’s total funding to […]

Smarter Fleets, Proven Results: Kutzler Express Partners with Netradyne to Improve Driver Safety and Customer Satisfaction

Data-driven improvements in driver behaviors reduce risks, costs, and improve customer satisfaction SAN DIEGO–(BUSINESS WIRE)–#AI—Netradyne®, a leading provider of AI-powered fleet safety solutions, today unveils the success of its customer Kutzler Express, a YMX Logistics company. A pioneering provider of yard logistics, spotting, shuttling, and on-demand dedicated transportation services since 1929, the Kutzler Express team […]

New Study Reveals 43% of Truckloads Moved Less than Half Full in 2023

ENCINITAS, Calif.–(BUSINESS WIRE)–A new study released by Flock Freight & Drive Research, titled “Wasted Space, Wasted Dollars: The Economic Impact of Inefficient Freight,” uncovers the staggering costs associated with underutilized truckload (TL) space and the inefficiencies of less-than-truckload (LTL) shipping. The study surveyed 1,000 transportation decision-makers in the U.S. from various industries, providing a comprehensive […]

Motive Brings AI-powered Safety, Security and Fleet Management Solution to Mexico

New Motive customers include Spettro Consulting, Mexitrans Mexicana de Transporte, Global Track, Betos Trucking SA de CV, and Operadora Transtur Motive hires proven sales leader Omar Camacho to lead newly opened Mexico City office, oversee the company’s rapid growth of its sales and operational presence in the region SAN FRANCISCO–(BUSINESS WIRE)–Motive, the AI-powered Integrated Operations […]

REV Group to Release Second Quarter 2024 Earnings on Wednesday, June 5, 2024

BROOKFIELD, Wis.–(BUSINESS WIRE)–REV Group, Inc. (NYSE: REVG), today announced that it is planning to release its second quarter fiscal 2024 results before market open on Wednesday, June 5, 2024. The results will be discussed during a live webcast later that morning on June 5, 2024, beginning at 10:00 a.m. ET. To access the webcast, investors […]

Fluor-led Joint Venture Breaks Ground on Phase 1 of I-35 NEX South Project in San Antonio

IRVING, Texas–(BUSINESS WIRE)–#FluorBuildsABetterWorld—Fluor Corporation (NYSE: FLR) announced today that its joint venture with Austin Bridge & Road – Lone Star Constructors, NEX – has broken ground on Phase 1 of the Interstate 35 (I-35) Northeast Expansion (NEX) South project in San Antonio, Texas, for the Texas Department of Transportation (TxDOT). Fluor was awarded the $700 […]

ChargePoint Announces Three Megawatt Charging Architecture to Electrify the Future of the Trucking Industry

Megawatt Charging represents the first step towards the electrification of large-scale trucking CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced its support for the Megawatt Charging System (MCS), the latest addition to ChargePoint’s leading DC fast charging lineup. The system is estimated to be capable […]