To view more FreightWaves infographics, click here
The post Daily Infographic: What are the top distractions for truck drivers that cause accidents? appeared first on FreightWaves.
The post Daily Infographic: What are the top distractions for truck drivers that cause accidents? appeared first on FreightWaves.
This story originally appeared on Flyingmag.com. Wing — the drone delivery arm of Google parent Alphabet so far responsible for more than 350,000 deliveries across three continents — is ready to think bigger. On Wednesday, the company unveiled a new larger drone, which it said will be added to its fleet to “simplify and streamline”…
Canadian transportation and logistics provider Titanium Transportation Group announced Monday it has acquired Georgia-based truckload carrier Crane Transport for $53 million in cash and debt. Titanium also acquired the carrier’s real estate for an additional $6 million. Crane Transport operates a fleet of 200 trucks out of two 11-acre terminals in Georgia and Alabama, generating…
Drop-and-hook services have become increasingly sought-after, meeting the evolving needs of shippers for flexible transportation solutions while also offering carriers enhanced efficiency and earning potential. Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date. In 2023 alone, the capacity program experienced a…
This fireside chat recap is from FreightWaves’ 3PL Summit on Wednesday. FIRESIDE CHAT TOPIC: An overview of the truckload market. DETAILS: The current capacity oversupply is likely to linger until the fourth quarter, said Brent Hutto, chief relationship officer at digital freight marketplace Truckstop, during FreightWaves’ 3PL Summit. KEY QUOTES FROM HUTTO: On the overall…
Warehouse operator Americold Realty Trust raised its full-year outlook even as it contends with a recent cyberattack. The company said customers have increased food production and need more cold storage space, which is driving financial results higher. Americold (NYSE: COLD) reported first-quarter adjusted funds from operations (AFFO) of 29 cents per share, which was 3…
A 25-year-old Georgia-based trucking company, which has 60 drivers and 33 power units, recently filed for bankruptcy protection. Newsome Trucking of Jasper, Georgia, filed its petition Monday in the U.S. Bankruptcy Court for the Northern District of Georgia. In its Chapter 11 petition, Newsome Trucking listed its assets and liabilities as between $1 million and…