Uber Freight Update sees truckload demand has steadily increased over 2023 and has finally turned positive for the first time in nine months Heading into the busy holiday season, truckload demand and capacity appear to be normalizing, nearshoring activity to Mexico is rapidly escalating, and LTL tailwinds have arrived. Shippers and carriers must be nimble […]
Milestone delivering first batch in agreement of up to 1,000 vehicles Canoo Inc. announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma. This is a milestone that marks the start of Canoo’s phased-ramp manufacturing in Oklahoma and its shipment of Lifestyle Delivery Vehicle (LDV) models to key customers and partners in 2023 with increasing units […]
Walden, the leader in pharmaceutical logistics in Europe acquires the Belgian pharmaceutical transport company Ivemar The group integrates the Belgian company to support the development of its subsidiary Transpharma International, which specialises in first-mile pharmaceutical transport and global freight forwarding. « The acquisition of Ivemar provides Transpharma International with transport assets, a strong team well practised in GDP and […]
3,168 carriers left the trucking market in October, keeping pace with the average for 2023. Registrations for new carriers simultaneously dropped 7.5% from September The latest Motive Monthly Economic Report, analyzing the major trends in the supply chain and economy through the lens of Motive’s platform and data. Motive’s October data revealed that the trucking market […]
In the event a truck departs the roadway, the new Highway Departure Braking to Zero feature will provide an audible chime and apply braking to reduce vehicle speed if the vehicle begins departing the roadway Kenworth recently announced the latest iteration of its Advanced Driver Assistance System (ADAS) is now available for Kenworth T680s. The […]
Trucking’s revenues will grow from $1.01 trillion in 2023 to $1.51 trillion in 2034, which will account for 78.8% of the freight market The American Trucking Associations released new projections showing truck tonnage will grow to 14.2 billion tons by the year 2034, securing the industry’s position as the dominant mover of goods in the United States. “In this edition […]
