Category: Management

RapidFlight Announces Acquisition of Local Motors Intellectual Property Portfolio

RapidFlight Announces Acquisition of Local Motors Intellectual Property Portfolio

| July 10, 2023

RapidFlight leverages key Local Motors innovations to advance UAS technology RapidFlight, an unmanned aircraft manufacturing company headquartered in Virginia, proudly announced the successful acquisition of the intellectual property (IP) portfolio of Local Motors. This strategic move underscores RapidFlight’s unwavering commitment to deploying additive manufacturing (AM) technologies to meet its national security customers needs. By harnessing the power […]

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ATA Statement on CARB Clean Truck Partnership

ATA Statement on CARB Clean Truck Partnership

| July 7, 2023

“The trucking industry shouldn’t be strong armed by the government into an agreement with such terms” The American Trucking Associations President and CEO Chris Spear issued the following statement about the California Air Resources Board’s new Clean Truck Partnership: “We’ve long advocated for a single, national standard that respects and preserves interstate commerce. However, the […]

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How Broker Transparency Builds Trust in the Freight Industry

How Broker Transparency Builds Trust in the Freight Industry

| July 7, 2023

Truckstop Fraud Prevention Friday. Broker transparency creates trust with carriers while increasing respect and boosting productivity on all sides In the transportation business, transparency and excellent communication are key. And broker transparency creates trust with carriers while increasing respect and boosting productivity on all sides.  Improving communication, particularly when it comes to rates and billing, […]

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Knight-Swift Transportation Closes Acquisition of U.S. Xpress Enterprises and Provides Update on Market Conditions

Knight-Swift Transportation Closes Acquisition of U.S. Xpress Enterprises and Provides Update on Market Conditions

| July 6, 2023

“Knight, Swift, and U.S. Xpress are off to a great start collaborating on plans to share best practices, improve operations and leverage economies of scale – and now they have the green light to fully engage“ Effective July 1, 2023, Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift” or the “Company”) closed on the previously-announced acquisition […]

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FTR Shippers Conditions Index Rose in April in Response to Weaker Rates and Capacity Utilization

FTR Shippers Conditions Index Rose in April in Response to Weaker Rates and Capacity Utilization

| July 4, 2023

Outlook is for a firmly positive outlook for shippers in the economic balance of power between themselves and carriers for at least another 12 months FTR’s Shippers Conditions Index (SCI) in April rose to 7.1 from a 4.5 reading in March.  A weaker environment for both freight rates and carrier utilization more than offset slightly […]

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Women In Trucking Association Announces its July 2023 Member of the Month

Women In Trucking Association Announces its July 2023 Member of the Month

| July 4, 2023

“I found it absolutely fascinating and was glad I got into that division instead,” said Castro. “It opened more doors for me and ultimately led me to LGT Transport.” The Women In Trucking Association (WIT) has announced Liana Castro as its July 2023 Member of the Month. Castro is a driver trainer at LGT Transport, […]

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