It may be more than a week until the end of January, but various market signals are starting to shout that cold weather’s potential impact on lifting diesel prices has run its course. Against that bearish backdrop, the benchmark price used for most fuel surcharges declined Monday for the 14th time in 18 weeks. The…
Optym, a provider of solutions for enhancing efficiency, on Tuesday announced it has secured a strategic investment from Venture 53, an industry fund. This investment will support Optym in further developing optimization tools to address the intricate challenges faced across various modes of transportation. Terms of the investment were not disclosed. “When choosing a capital…
One Walmart truck driver says he has 15 years left of working, and he intends to spend them hauling loads for Walmart. “Barring a lottery win or marrying a sugar mama, I don’t see myself going anywhere,” said the Texas-based driver, who asked not to have his name included as he is not authorized to…
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When it comes to autonomous trucks, Ryder System Inc. plays the field, forming — and sometimes ending — relationships with practically every startup contending for leadership in the medium- and heavy-duty driverless space. Its first commercial partner appears to be Kodiak Robotics, which is paying for space at an existing Ryder maintenance facility in Houston….