The Mack Granite HDT model features advanced technology including ABS, modern control interfaces for user-friendly operation, and active safety systems Mack Defense announced that the U.S. military has ordered 103 Mack Defense M917A3 Heavy Dump Trucks (HDTs). The additional vehicles are part of the previously announced firm-fixed price $296 million contract over seven years that […]
Completes 100 Loads of Proppant with First-Ever Driverless Commercial Semi-Truck Service Kodiak Robotics, Inc., a leading autonomous truck developer, and Atlas Energy Solutions Inc. (NYSE: AESI) (“Atlas”) announced that Atlas has completed the delivery of 100 loads of proppant with its two RoboTrucks, semi-trucks equipped with the Kodiak Driver, Kodiak’s self-driving system. This milestone marks […]
Enterprise annual recurring revenue increased 64% year-over-year and enterprise net revenue retention is more than 127% Motive, the AI-powered Integrated Operations Platform, announced that Chirag Shah has joined the company as Chief Financial Officer (CFO). With nearly two decades of expertise in strategic finance and operational leadership, Chirag will be instrumental in strengthening Motive’s financial […]
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 […]
