30 Jan Sequoia Capital Leads Group Pumping in Cash to Startup Next Trucking Next Trucking has received $21 million in a round of financing led by Sequoia Capital, the freight marketplace startup announced Jan. 30. Read more...
30 Jan Toll-Management Providers Help Make Life Easier for Fleets Tolls can cause administrative headaches and bring additional costs to trucking companies, but toll-management providers are offering services that could help alleviate both burdens. Read more...
30 Jan Navistar to Redesign Trucks, Begin UAW Talks in 2018 Navistar has several big ticket items planned in 2018, including a redesign of all of its trucks, a new labor contract in Springfield, Ohio and production starting on a new GM truck. Read more...
30 Jan Home Prices in 20 US Cities Climb by the Most Since July 2014 Home prices in 20 U.S. cities increased in November by the most in more than three years, underscoring a lingering scarcity of housing inventory, according to S&P CoreLogic Case-Shiller data released Jan. 30. Read more...
30 Jan Paccar Reports Record Revenue in 4Q, Full Year Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and aftermarket parts sales. Read more...
30 Jan Trump to Congress: Produce $1.5 Trillion Infrastructure Bill, Streamline Permitting In his first State of the Union address, President Donald Trump called on the Republican-led Congress to prepare a $1.5 trillion infrastructure bill that would be anchored by a robust reliance on private sector investments. Read more...
30 Jan Consumer Confidence Increased More Than Forecast in January U.S. consumer confidence was stronger than expected in January and hovering near a 17-year high as households grew somewhat more upbeat about employment and the economy, according to figures out Jan. 30 from the Conference Board in New York. Read more...
30 Jan Waymo Buys ‘Thousands’ More Chrysler Vans for Driverless Service At some point this year, Alphabet Inc.’s Waymo plans to roll out a ride-hailing service using driverless cars. It just bought more vehicles to make that happen. Read more...
30 Jan The Robot Delivery Vans Are Here The future of driverless driving looks like a giant toaster with a funny hat. Read more...
30 Jan Opinion: For Logistics, It’s Data or Else Amazon’s ongoing effort to build a fleet of air, road and sea vehicles should set off warning alarms for traditional logistics companies; the company has a 40-strong fleet of aircraft, has registered for a license for sea freight and holds a patent for a futuristic, high-speed subterranean urban delivery system. Read more...