Trimble Inc. reported fourth-quarter transportation revenue of $194.8, a 30% year-over-year (y/y) increase from the same period in 2022. Total revenue increased 9% y/y to $932.4 million in the quarter, beating Wall Street analysts’ estimates of about $908 million to $910 million. The technology solutions provider recorded adjusted quarterly earnings per share of 63 cents,…
The board of trustees of the village of Deerfield, Illinois, a northern suburb of Chicago, have amended the village’s zoning code to prohibit logistics centers, fulfillment centers and motor freight terminals for parking and movement, according to published reports. The Chicago Tribune quoted Andrew Lichterman, the deputy village manager, stating that the zoning amendments make…
ArcBest announced Tuesday the launch of autonomous forklifts and reach trucks that can also be operated remotely. Vaux Smart Autonomy is an extension of the company’s other warehouse freight management technologies. The autonomous mobile robot units are paired with software, allowing human operators to control them remotely. Mode settings for the units also allow autonomous…
The owner of an Ohio trucking company pleaded guilty in federal court to wire fraud, admitting his role in a scheme to overbill shippers and consolidate shipments headed for Amazon warehouses and Bath & Body Works stores. The fraud cost the companies hundreds of thousands of dollars. Gurtej “Gary” Singh, 48, pleaded guilty to one…
Everything is bigger in Texas, including traffic jams for truckers, according to the American Transportation Research Institute (ATRI). ATRI released its 13th annual list Tuesday highlighting the most congested roadways for tractor-trailers across the country, and 13 Texas locations made the top 100, including nine in the Houston metropolitan area. “Texans are no strangers to…