Category: Management

Trucking Stakeholders Launch Clean Freight Coalition

Trucking Stakeholders Launch Clean Freight Coalition

| March 24, 2023

Industry shows unified front on energy and emissions A group of truck transportation stakeholders launched the Clean Freight Coalition (CFC) to serve as a collective voice for key trucking industry stakeholders. Made up of motor carriers of every size and sector, truck manufacturers, and truck dealers, the CFC’s mission is to:   I.  Educate policy makers on […]

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Knight-Swift Transportation Agrees to Acquire U.S. Xpress Enterprises for $808 million

Knight-Swift Transportation Agrees to Acquire U.S. Xpress Enterprises for $808 million

| March 22, 2023

U.S. Xpress brand and separate operations to continue Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”) and U.S. Xpress Enterprises, Inc. (NYSE: USX) (“U.S. Xpress”) announced an agreement under which Knight-Swift will acquire U.S. Xpress for a total enterprise value of approximately $808 million, excluding transaction costs. The transaction has been unanimously approved by the Board […]

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ATA Truck Tonnage Index Increased 1.2% in February

ATA Truck Tonnage Index Increased 1.2% in February

| March 22, 2023

Index 2.3% Above February 2022 American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.2% in February after increasing 0.6% in January. In February, the index equaled 118.4 (2015=100) compared with 117 in January. “Tonnage has increased sequentially for the last three months totaling 2.9 percent,” said ATA Chief Economist Bob Costello. “As a result, […]

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<strong>CloudTrucks’ New Trucking Business Management Solution – Starter – Now Available</strong>

CloudTrucks’ New Trucking Business Management Solution – Starter – Now Available

| March 22, 2023

The next evolution of CloudTrucks’ Flex software gives owner-operators and small fleets greater flexibility to run their businesses on their own terms CloudTrucks, technology and service provider for trucking entrepreneurs, launched Starter, a subscription-based business management solution empowering small trucking businesses with flexibility to operate on their own terms. Starter equips owner-operators and small fleets […]

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<strong>Aperia to Accelerate Impact & Expansion With Growth Financing Led By Lime Rock New Energy</strong>

Aperia to Accelerate Impact & Expansion With Growth Financing Led By Lime Rock New Energy

| March 22, 2023

With nearly one million tires under management growth capital and partnership with Lime Rock New Energy will enable Aperia to bring its line-up of tire solutions to commercial fleets worldwide Aperia Technologies Inc., tire management technologies that improve the safety and efficiency of commercial vehicles, announced the closing of a $45 million growth equity financing led […]

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<strong>Women In Trucking Association Announces Gold Partnership with Bridgestone Americas</strong>

Women In Trucking Association Announces Gold Partnership with Bridgestone Americas

| March 21, 2023

Bridgestone Americas is strengthening its mission to encourage the employment of women in the industry, promote their accomplishments, and minimize obstacles faced by women working in trucking The Women In Trucking Association (WIT) welcomes Bridgestone Americas as its newest Gold Level Partner, strengthening its mission to encourage the employment of women in the industry, promote […]

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