Company intends to use the proceeds for the planned acquisition of Coyote Logistics RXO provider of asset-light transportation solutions, has entered into purchase agreements with MFN Partners, LP and certain accounts managed by Orbis Investments for a $550 million private financing. The company intends to use the proceeds from the transaction to finance a portion […]
Greg Swift has accomplished a monumental feat of safety, underscoring the reliability of Schneider’s service In a remarkable display of dedication and safety, Greg Swift, a longtime driver for Schneider National, Inc. (NYSE: SNDR), has achieved an extraordinary milestone: five million miles without a preventable accident. Although more than 6,560 Schneider drivers have had at least a […]
“The Connect” AV Shuttle Service, a free, autonomous and fully electric pilot program, will open to the public Pilot program aims to learn and refine an autonomous vehicle transit service to meet the diverse needs of Detroit’s community. The pilot program is a significant step toward achieving a zero-emission public transportation system and setting a […]
Even as fleets are ordering fewer trucks and reducing their headcounts, truckload supply & demand remains higher YoY while routing guide performance is still robust Uber Freight released its Q3 Market Update and Outlook Report, revealing our biggest takeaways for shippers and carriers. Heading into the second half of the year, the freight market has largely […]
The regulatory approach taken by the Department could have very large ramifications for the deployment of technologies such as autonomous vehicles Regulatory comments submitted by the Owner-Operator Independent Drivers Association regarding the US Department of Transportation’s approach to Artificial Intelligence. The regulatory approach taken by the Department could have very large ramifications for the deployment […]
WIT members have the opportunity to enroll in Ancora High School for up to 65% off the activation fee and tuition rate Ancora Training has announced a significant partnership with the Women In Trucking (WIT) organization as a Member Approved Provider (MAP). This new collaboration, which took effect in March of this year, positions Ancora Training […]
