Today's charts: Amazon back above $1,000; PayPal jumps on Apple deal; Twitter names new exec

Yahoo Finance is tracking American Airlines, PayPal, Visa, Apple, Twitter and Amazon in intraday trading on Wednesdays.

Maven Machines Offers Plug-n-Play ELD Solution

Maven Machines has announced the Smartsense IoT platform offering fleet management and ELD software using plug-n-play hardware, mobile devices, and real-time cloud dashboards.

The Smartsense platform ties together driver performance, GPS and telematics data, and vehicle engine data, to help improve safety, increase fleet efficiency, and automate regulatory compliance for the upcoming ELD mandate.

Maven was previously known for its Co-Pilot Smart headset for drivers designed to combat driver fatigue by alerting drivers when they are falling asleep.

“Maven Machines is pioneering a new era of technology in trucking by focusing on connected mobile devices and a scalable cloud framework,” said Avishai Geller, CEO. “Maven's smart headset is now one part of our intuitive driver UI and differentiated fleet management system.”

Featuring a mesh network of over 20 sensors inside the truck, Maven provides one-second precision for all measurements including; speeding, hard braking, idling, fatigue, distraction, mirror-checks, and weather, along with automated legal compliance for ELD, DVIR, and California Labor law.

The real-time cloud portal provides fleets with prioritized information and actionable insights that can help fleets save time and money, ensure compliance, and quantify safety goals.

Maven's Fleet Management and ELD solution can be deployed and set up quickly to prevent out-of-service time for trucks. Drivers are provided three familiar tools: a smartphone or tablet, a Maven Co-Pilot Smart Bluetooth headset or earbud, and a plug-n-play wireless J1939 Vehicle Data Adapter (VDA).

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For-Hire Freight Rebounds, Hits New Record High

Freight Transportation Services Index, May 2012 - May 2017. Graphic: U.S. DOT

The level of freight moved by the nation's for-hire transporters rebounded in May following a two-month decline, according to the U.S. Transportation Department.

Its Freight Transportation Services Index (TSI) rose 2.2% to a reading of 126.8 in May from April, breaking the previous record high of 126 set in February. It is also 33.9% above the April 2009 low during the most recent economic recession.

The gain from April to May was the largest month-to-month increase since the index rose 2.9% from November to December 2011.

The April index was revised upward to 124.1 from 122.8 in last month's release as a result of more actual air freight ton-miles than forecast. Monthly numbers for January through March also were revised up slightly.

When May is compared to the same time a year ago the index increased 4.2%, the largest year-over-year rise since a 5.9% jump from January 2014 to January 2015.

The Freight TSI measures the month-to-month changes in for-hire freight shipments by mode of transportation in tons and ton-miles, which are combined into one index. It measures the output from for-hire trucking, rail, inland waterways, pipelines and air freight.

The May increase in the Freight TSI was broad based with gains in most modes, especially water and pipeline, while air freight and trucking were stable, according to the department. The increase took place despite mixed performance in economic indicators in May.

Employment and personal income both grew in May, and the Institute for Supply Management's Purchasing Managers' Index showed positive and accelerating growth. However, housing starts declined, and the Federal Reserve's Industrial Production index was unchanged, with a decline in manufacturing offset by increases in mining and utility output.

The Freight TSI all-time high in May was the second time in four months but ...Read the rest of this story