Women face barriers to entry in the trucking industry, and harassment and other issues persist after they join the male-dominated field, according to a new study by the American Transportation Research Institute. The 65-page study, released Tuesday, identifies challenges women in trucking encounter and solutions to the issues. The Washington-based nonprofit learned from survey and…
Proficient Auto Logistics, a newly minted publicly traded auto carrier, has introduced itself with a relatively solid operating ratio for the first quarter and a double-digit EBITDA margin. The company released its earnings this week for the quarter ended March 31. Its stock began trading May 9 in an IPO priced at $15 per share….
Announcements of new charging depots for electric trucks seem to come almost weekly. Some are more promises than ready-to-go power. Sitetracker, a SaaS business rooted in telecommunications, is providing a cloud-based backbone to move things along. Sitetracker has been around since 2008. In four rounds of fundraising, it has brought in $183 million, including $66…
TFI International announced it has acquired food-grade tank hauler Entreposage Marco. Quebec, Canada-based Entreposage Marco transports edible products like oils, liquid yeast, sweeteners and fruit juices. It has a fleet of 15 power units, according to the Federal Motor Carrier Safety Administration. Financial terms of the transaction were not provided. The deal pales in comparison…
On a recent episode of Fuller Speed Ahead, Craig Fuller, founder and CEO at FreightWaves, was joined by Mark Picarello, managing director at SecurSpace and CargoWise Landside, to talk about the state of the market and highlight recent enhancements in their CargoWise platform. Fuller notes that WiseTech Global, the parent company, has made a number…