DAT reports national average spot rates increased for all three equipment types Demand for trucks on the spot market rose in December, suggesting solid retail and grocery sales ahead of the holidays, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The van and refrigerated Truckload […]
Capital raised on unprecedented growth in the commercial fleet industry, Netradyne’s global expansion will help accelerate advances in industry-leading AI and support a rapidly growing customer base Netradyne, SaaS provider of artificial intelligence (AI) and edge computing, announced the close of a $90 million Series D round led by Point72 Private Investments with participation from […]
Measure of Trucking Activity Fell Two Consecutive Months Trucking activity in the United States contracted in December, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index, the second decrease in as many months. “For the first time since March and April truck tonnage contracted for two consecutive months,” said ATA Chief Economist Bob Costello. “Tonnage […]
Joint initiative will leverage NVIDIA’s new Cosmos platform and DGX Cloud to boost autonomous development Uber Technologies, Inc. and NVIDIA are collaborating on new solutions to support the development of AI-powered autonomous driving technology. “Generative AI will power the future of mobility, requiring both rich data and very powerful compute,” said Dara Khosrowshahi, CEO of […]
Strategic deal strengthens global freight forwarder’s position in technology logistics market AIT Worldwide Logistics, a leading provider of global supply chain solutions, is proud to announce that it has completed an agreement to purchase Krupp Trucking LLC’s (“Krupp”) business. Effective Jan. 1, 2025, the St. Louis-based freight forwarder specializing in the transportation of high-value goods, […]
New space in AllianceTexas will support the growth and development of Torc’s autonomous driving product Torc, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, announced the company has signed a leasing agreement for a facility located in Hillwood’s AllianceTexas development that will serve as Torc’s autonomous truck hub […]
