Category: Management

Trailer Telematics Platform FleetPulse Announces Seed Funding and Carl-Christoph “CCR” Reckers Joins as CEO

Trailer Telematics Platform FleetPulse Announces Seed Funding and Carl-Christoph “CCR” Reckers Joins as CEO

| May 12, 2024

FleetPulse capitalized with $11M to focus on improving trailer safety, cargo security, and efficiency FleetPulse, the trailer telematics solution incubated within Great Dane, launched as an independent company. FleetPulse is capitalized with $11M, including seed funding led by Four More Capital, and it has appointed former Uber Freight executive Carl-Christoph “CCR” Reckers as Chief Executive […]

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WEX Reaches Agreement with Shell for Portfolio of Commercial Fleet Fuel Cards in North America

WEX Reaches Agreement with Shell for Portfolio of Commercial Fleet Fuel Cards in North America

| May 12, 2024

Contracts between two leaders in the fleet mobility industry continue to leverage Shell’s ubiquitous presence across United States, Canada, and Mexico with WEX’s software and payments expertise to provide value for commercial customers WEX has reached an agreement with Shell to manage Shell’s portfolio of commercial fleet cards across North America, offering customers a full […]

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PACCAR Achieves Excellent Financial Performance

PACCAR Achieves Excellent Financial Performance

| April 30, 2024

“Kenworth and Peterbilt’s industry-leading vocational trucks provide customers with the premium quality and durability required in rigorous construction applications.” PACCAR reported excellent revenues and net income in the first quarter of 2024,” said Preston Feight, chief executive officer. “PACCAR’s results reflect ongoing demand for premium quality DAF, Peterbilt and Kenworth trucks, aftermarket parts and financial […]

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Ryder Continues Cross-Border Expansion; Opens Another Multiclient Logistics Facility at Top U.S.-Mexico Port

Ryder Continues Cross-Border Expansion; Opens Another Multiclient Logistics Facility at Top U.S.-Mexico Port

| April 29, 2024

Site strategically located along critical trade corridor in El Paso, Texas to support growth in nearshoring Ryder System, Inc. announces the opening of a second multiclient logistics facility at a top U.S.-Mexico port in as many months. The newest site is in El Paso, Texas near the Ysleta Port of Entry, the largest commercial port […]

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Q2 TD Cowen/AFS Freight Index: Parcel surcharge changes wring out additional revenue, LTL and truckload rates hold steady

Q2 TD Cowen/AFS Freight Index: Parcel surcharge changes wring out additional revenue, LTL and truckload rates hold steady

| April 28, 2024

Out-of-cycle parcel pricing actions drive greater yields, while rates in truckload and LTL stay flat as carriers hang on for freight cycle fundamentals to improve AFS Logistics, an industry-leading third-party logistics (3PL) provider, and TD Cowen announce the second quarter (Q2) 2024 release of the TD Cowen/AFS Freight Index, a snapshot with predictive pricing for […]

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Biden-Harris Administration Announces $830 Million in Grants to Make Transportation Infrastructure More Resilient to Climate Change

Biden-Harris Administration Announces $830 Million in Grants to Make Transportation Infrastructure More Resilient to Climate Change

| April 28, 2024

New program supports projects to protect bridges, roads, ports, rail, and transit from extreme weather and the impacts of climate change, advances Administration’s National Climate Resilience Framework The Biden-Harris Administration today announced nearly $830 million in grant awards for 80 projects nationwide that will help states and local communities save taxpayers money while strengthening surface-transportation […]

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