What’s less healthy: Truckers or truckload market? – WTT

On Episode 711 of WHAT THE TRUCK?!?, Dooner is talking to Offshift’s Dr. Mark Manera about driver health. Do truckers have a ticking time bomb in their chest? We’ll find out how America’s road warriors can set their GPS toward better health.  FreightWaves’ Thomas Wasson looks at market health. A slew of bankruptcies, layoffs and…

New Class 8 truck orders in April up from a year ago, down from March

The weak trucking market, so evidenced in disastrous first-quarter earnings for both truckload and LTL carriers, is having a mixed impact on new Class 8 truck orders, according to the two key companies that track that data. FTR Transportation Intelligence reported that preliminary net orders for April were 14,000 units. That was down 28% from…

Distracted Driving Awareness Month: How drivers and carriers can be safer

Each year, around 3,000 people in the U.S. die from distracted driving incidents, accounting for close to 10% of all motor vehicle fatalities. Overall, car crashes are the leading cause of death in the U.S. for people ages 1 to 54. For Distracted Driving Awareness Month, FreightWaves’ Timothy Dooner spoke to Chris Hayes, Assistant Vice…

Logistics tech startup Cargado raises $6.8M in seed funding

FreightTech startup Cargado announced Monday it has secured $6.8 million in seed funding that will be used to expand its team and enhance the company’s product. The seed round was led by Primary Venture Partners with participation from existing investors Ironspring Ventures, Zenda Capital, Wischoff Ventures and Proeza Ventures, along with new investor Ryder Ventures….

Icelandic cargo airline Bluebird Nordic shuts down 

The recent recovery of the air cargo market didn’t happen soon enough to save Iceland-based cargo airline Bluebird Nordic, which ceased operations late last month.  The airline, which existed for 23 years and was acquired by Lithuanian conglomerate Avia Solutions Group in 2020, surrendered its air operator certificate to the Icelandic Civil Aviation Authority and…