Spot Market Insights is provided weekly by Truckstop with analysis and commentary from FTR Van Spot Rates Decline but are Still Higher Y/Y Data from Truckstop and FTR Transportation Intelligence for the week ended July 12 show broker-posted rates for the overall spot market above prior-year levels for the first time since June 2022, although […]
Spot market data for July 7-13, 2024 (Week 28) Load posts on DAT One rebounded by 66% last week The number of loads posted on DAT One increased by almost 66% to 2.13 million last week, recovering (and then some) from a 48% drop during the July 4 holiday week. The number of loads was […]
High Power Output: it delivers a continuous power output of 19.2 kW, maximizing the charging capabilities of Level 2 chargers, ensuring quick and efficient charging across a broad spectrum of fleet vehicles Enphase Energy, Inc. global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced the launch of the CS-100 […]
Expands Ryder’s retail mobile maintenance business, Torque by Ryder™, into 140 cities in 20 states Ryder System, Inc. entered into a definitive agreement to acquire Pit Stop Fleet Service (“Pit Stop”), enabling the expansion and further strengthening of Ryder’s Torque by Ryder™ retail mobile maintenance business offering, which will accelerate growth of this product solution. Based in Venice, […]
Series A funding to accelerate platform development and market reach Alvys, the next-generation logistics operating platform for logistics and supply chain management, has raised $20.5 million in a Series A funding round. The round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire. The successful achievement of this round solidifies Alvys’s position as a […]
Continental’s in-tire sensor data and Samsara’s trailer data will give comprehensive trailer status information for highly efficient and sustainable fleet management Continental will be partnering with Samsara, a global telematics provider. The goal of this integration will be to deliver comprehensive, data-driven fleet management solutions with a focus on truck trailers. To accomplish this, both […]
