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Paxafe, an AI software provider for the cold chain market, announced Tuesday it has closed on a $9 million Series A funding round led by Framework Venture Partners with participation from Microsoft venture capital fund M12, Rosecliff Ventures, Elevate Ventures, AngelList Quant Fund, Gaingels and Mama Ventures. This round also included previous investors Ubiquity Ventures…
Nevada Gov. Joe Lombardo has vetoed a bill that would have restricted the length of freight trains running through the state, saying such a mandate could violate federal interstate commerce laws. The Republican governor said in a Thursday letter to Nevada State Assembly Speaker Steve Yeager that while the bill’s intent may have been to…
Amid a border standoff between the Biden administration and Republican Texas Gov. Greg Abbott, a convoy of trucks and other vehicles are heading to several border cities with the goal of rallying against illegal immigration. Organizers of the “Take Our Border Back Convoy” recently announced they are setting off from Virginia Beach, Virginia, to travel…
WASHINGTON — The Federal Motor Carrier Safety Administration has named representatives from the trucking industry to assess the prevalence of predatory leasing agreements by carriers against owner-operators and follow up with recommendations to Congress. FMCSA’s Truck Leasing Task Force, authorized by the Infrastructure Investment and Jobs Act (IIJA) in 2021, will address areas “that have…
The National Highway Traffic Safety Administration is investigating 18 customer complaints of automatic emergency braking activating on Freightliner Cascadias without a hazard present. The false positives led the agency to open a preliminary evaluation, the first step in what could but rarely leads to a forced recall. Manufacturers often recall vehicles during the course of…
Automaker Tesla has ordered a voluntary recall of 35 of its all-electric Class 8 Semi trucks due to a parking brake issue. It’s the first recall for the Semi, which is produced at the company’s factory in Sparks, Nevada. Tesla began deliveries of the Semi in December, shipping an initial batch of trucks to Pepsi…