Cambridge Capital, a supply chain-focused investment firm, announced Wednesday that it has made a majority investment in Stat Recovery, a retail auditing software. The investment aims to enhance Stat Recovery’s technological capabilities, expand its sales teams into new retail categories beyond food and beverage and health and beauty, and strengthen its partnerships with other industry…
Truck chassis maker Acela Truck Company has entered into a dealer agreement with Edmonton-based Western Truck & Trailer to distribute Acela’s Monterra line of 4×4 and 6×6 extreme-duty truck chassis […]
The board of the American Trucking Associations (ATA) has extended the contract of president and CEO Chris Spear through 2029. Spear was last signed for five years in 2021. “Thanks […]
FedEx will accelerate its transformation toward a leaner enterprise in the second half of the year when it ramps up segmentation of its air assets and sheds daytime flying capacity tied to an expiring U.S. Postal Service contract, said Chief Financial Officer John Dietrich at a recent Bank of America conference. Efficiencies gained by those…
Its crucial role in the global supply chain is unquestioned, but freight transportation is also one of the largest contributors to greenhouse gas emissions. The commercial transportation sector — which includes trucks, planes, ships and trains — currently makes up about 15% of annual global greenhouse gas emissions, according to the Environmental Protection Agency. Supply…