Toronto-based autonomous driving firm Waabi has opened a flagship autonomous trucking terminal in the Dallas, Texas, suburb of Lancaster. The facility was purpose-built for autonomous trucking, and will support the […]
For the first time in six months, the number of truck transportation jobs have declined from the prior month. Truck transportation jobs, according to the Bureau of Labor Statistics’ report for April, fell by 300 jobs, to 1,557,800. It marked the seventh consecutive month of relatively small movement in the total employment number following two…
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Less-than-truckload carrier XPO handily beat first-quarter expectations Friday ahead of the market open. XPO (NYSE: XPO) reported adjusted earnings per share of 81 cents for the 2024 first quarter, 14 cents ahead of the consensus estimate and 25 cents higher year over year (y/y). The adjusted result excluded transaction and restructuring costs of 25 cents…
On Monday, London-based insurtech provider Loadsure announced it is massively expanding its presence in Europe, offering its freight insurance and risk management solutions to Germany, France, Denmark, Norway, Finland, Sweden and the Benelux region — Belgium, the Netherlands and Luxembourg. The company also announced its new hire, Ben Brough, will lead the international team as…