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Comprehensive services include access to SBA loans, working capital loans, lines of credit, and financing for commercial real estate Trucking companies often struggle to secure the necessary capital for purchasing trucks, expanding fleets, accessing working capital, and acquiring essential infrastructure. Traditional lending criteria, economic conditions, and lack of government support pose significant challenges to their […]
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Agreement Creates Innovative Mobile Charging Solution, Electric Vehicle Option for Fleet Owners and Managers Bollinger Motors, Inc., an electric commercial vehicle (“EV”) manufacturer, has reached an agreement to sell 80 all-electric Class 4 commercial trucks to Momentum, a leader in fleet management and EV charging solutions. Momentum Groups can upfit the Bollinger B4 Chassis Cab with mobile […]
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NMFTA to host LTL Listening Sessions for carriers, shippers, and 3PLs in August The National Motor Freight Traffic Association, Inc. (NMFTA)™ announced during its Summer Meeting in Louisville, KY that major National Motor Freight Classification (NMFC)® changes will take effect in the first quarter of 2025. These changes will impact carriers, shippers, and 3PLs.To ensure […]
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Motive Monthly Economic Report – June 2024 New insights from the June edition of the Motive Monthly Economic Report. Analysis, based on data from our 120,000 customers, sheds light on key trends in the freight and logistics sector and its impact on the broader supply chain and economy. Complex Market Dynamics for Carriers: While the market is becoming […]
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“The time is right for battery-as-a-service and storage as transmission assets to make clean transportation and power accessible in the U.S. And this is the team that will drive this growth and set the pace.” Zenobē Energy Ltd., battery management and performance for electric fleets, transmission-scale battery storage, and second-life battery solutions, today announced its Zenobē North America leadership teams […]
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The Detroit AV service will provide free rides to select residents age 62 and older or who live with disabilities May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, launched Detroit Automated Driving Systems (ADS) pilot in partnership with the City of Detroit’s Office of Mobility Innovation (OMI) and the Michigan Mobility […]
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