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The post FreightWaves Infographics: Crash data involving new truck, bus drivers getting worse appeared first on FreightWaves.
Carrier-focused payments platform Outgo said Tuesday it has received a $15 million investment from venture capital investors and that it has secured a $50 million credit facility to be used for purchasing carrier receivables. It said the capital infusion has allowed it to become “the industry leader in funding speeds for carriers.” The Seattle-based 2021…
Temperature-controlled real estate investment trust Lineage Logistics said Thursday it has opened a 220,000-square-foot facility near the Port of Savannah to process up to 1.4 million pounds of produce per day. The Savannah Fresh-Port Wentworth facility, located in the city of Port Wentworth, Georgia, has 23 inbound and outbound lanes that can process more than…
WASHINGTON — A bipartisan bill to crack down on scam freight brokers and trucking companies is receiving rare, near-unanimous support from all sectors of the industry. The Household Goods Shipping Consumer Protection Act, introduced by Democratic Congresswoman Eleanor Holmes Norton, Washington’s nonvoting delegate in the House, and Rep. Mike Ezell, R-Miss., targets fraudulent actors in…
With convenience store chain Pilot Travel Centers now majority owned by Berkshire Hathaway, the Warren Buffet-led conglomerate made its first significant moves by ousting two leaders of existing management and putting Berkshire executives in their place. Adam Wright will become CEO of the company effective May 30. On the same day, Joe Lillo will become…
This fireside chat recap is from FreightWaves’ Enterprise Fleet Summit on Wednesday. FIRESIDE CHAT TOPIC: Electrifying your fleet through innovative finance models. DETAILS: Charging for electric trucks trails the availability of battery-powered equipment. Startups like Gage Zero have the investor backing to buy the real estate and develop the large-scale sites. But will they be…
Drowsiness while driving is a critical risk, contributing to thousands of crashes and hundreds of deaths each year, with drowsy drivers being three times more likely to cause accidents. To mitigate these scenarios fleet managers have turned to artificial intelligence to monitor driver fatigue over the road. A newly launched Drowsiness Detection technology by Samsara,…