management

Heavy Truck Tire InflatorPSI, Dana Limited, Hendrickson (Boler Company), Nexter Group (KNDS Group), STEMCO (EnPro Industries), Tire Pressure Control International, Aperia Technologies, Pressure Guard (Servitech Industries), PTG (Michelin), TELEFLOW (Michelin)

The Latest published a market study on Heavy Truck Tire Inflator Market provides an overview of the current market dynamics in the Heavy Truck Tire Inflator space, as well as what our survey respondents— all outsourcing decision-makers— predict the ma…

European Union

European Midday Briefing: Stocks Stumble as Energy Fears Mount

MARKET WRAPS
Stocks:
European stocks wavered between minor losses and gains on Thursday as investors contended with a mixed bag of earnings and a fresh surge in gas prices.
Holding back shares were worries that Germany’s Rhine River could see water fal…

European Union

REE Automotive Debuts Class 3 P7 Box Truck

NUNEATON, UK – REE Automotive Ltd., an automotive technology company and provider of electric vehicle platforms, today announced P7-B, a class 3 (medium duty for European applications) box truck built on a P7 cab chassis, following intensive customer e…

Reference Library / USA Trucking

US Producer Prices Fall for First Time Since Early in Pandemic

(Bloomberg) — A key measure of US producer prices unexpectedly fell in July for the first time in more than two years, largely reflecting a drop in energy costs and representing a welcome moderation in inflationary pressures.
Most Read from Bloomberg
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Reference Library / USA Trucking

USA Truck, Inc. (NASDAQ:USAK) Short Interest Down 59.8% in July

USA Truck, Inc. (NASDAQ:USAK – Get Rating) was the target of a large drop in short interest in July. As of July 31st, there was short interest totalling 24,100 shares, a drop of 59.8% from the July 15th total of 59,900 shares. Approximately 0.3% of the…

Reference Library / USA Trucking

US FHWA & FTA Award $45.2 million (ATCMTD) for Intelligent Transportation Systems (ITS)

Honda “Smart Intersection” technology can detect when an emergency vehicle’s light bar is activated. The system broadcasts that status so that nearby connected vehicles can warn the driver before the driver may see or hear the emergency vehicle.

To…

Industry News / Reference Library / Warehouse

New 35,000 sq.ft warehouse and fulfilment centre due to open

Kays Logistics has announced plans for a new state-of-the-art Warehouse and fulfilment centre set to open in September 2022. The new development will allow Kays to expand its capacity and meet the increasingly sophisticated logistics demands of its cus…

Reference Library / USA Trucking

PS Logistics’ Noble Buy Expands Reach in 53-Foot Flatbed Market

Since 2014, PS Logistics has acquired and integrated 26 trucking and logistics operations.
Photo: PS Logistics

PS Logistics subidiary DMT Trucking LLC has completed the acquisition of flatbed carriers Noble LLC, Noble Trucking LLC, and Noble L…

European Union

Nikola CEO Russell Plans to Depart, Replaced by Insider Lohscheller

(Bloomberg) — Nikola Corp. said Chief Executive Officer Mark Russell will step down by Jan. 1 and be replaced by an executive who joined the embattled electric-truck maker earlier this year.
Russell will remain on the board following his departure, th…

Uncategorised

Canada Cartage acquired by Abu Dhabi-based private equity firm

One of Canada’s largest transportation and logistics providers is being acquired by a United Arab Emirates state-owned investment fund. Abu Dhabi-based Mubadala Capital has reached an agreement to purchase trucking and logistics company Canada Cartage …

Reference Library / USA Trucking

Semi-truck full of Bud Light spills onto Kentucky highway

Thousands of Bud Light cans were sent rolling on an interstate highway after a semi-truck transporting the beer crashed not far from Louisville, Kentucky. The beer spillage occurred on Wednesday morning. Police said the truck overturned while on a ramp…

Reference Library / USA Trucking

Last-mile logistics platform Veho partners with ShipHero on e-commerce deliveries

Crowdsourced delivery technology company Veho has partnered with e-commerce fulfillment solution company ShipHero to make next-day deliveries in Texas.
Veho is now an official carrier partner for ShipHero and will enable clients of the fulfillment comp…

Reference Library / USA Trucking

Geek+ closes US$100m financing round

Autonomous mobile robot (AMR) developer Geek+ has closed its US$100m series E1 financing round and announced a company valuation of approximately US$2bn.

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Investors in the round incl…

European Union

Pickup Truck Market Booming Worldwide With Leading Key Players

The Latest published a market study on Pickup Truck Market provides an overview of the current market dynamics in the Pickup Truck space, as well as what our survey respondents— all outsourcing decision-makers— predict the market will look like in 202…