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An Optimal Acquisition: Asset-Player CFI Buys Non-Asset-Player Optimal Freight
Monday, December 31, 2018 - 11:58am | 561Read More...Joplin, Missouri-based Contract Freighter Inc (CFI) will "assume responsibility" for Chicago-based freight transport company, Optimal Freight, at the start of the New Year. Financial details of the transaction are not available at the time of writing. Optimal will lose its identity and...
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Rapid-Fire Pitch: Phillips Connect Technologies Brings Chassis Health, Status Mainstream
Monday, December 31, 2018 - 11:41am | 520Read More...Locating intermodal assets and identifying which of those assets is available for use is one of the key attributes of Phillips Connect Technologies' Intermodal Smart Solution. The product was demonstrated during Demo Day, a series of seven-minute pitches from companies, at MarketWaves 18 in...
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Destitute Trucking Company Redstar Transport Collapses Days Before Christmas
Friday, December 28, 2018 - 11:44am | 1673Read More...Redstar Transport, a large long-distance and heavy-freight trucking business, collapsed in Australia after running out of cash just days before Christmas. Hundreds of people have been thrown out of work. Cargo has been returned to the depot. And the liquidation of Redstar may have wider...
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Rapid-Fire Pitch: Mistro
Thursday, December 27, 2018 - 12:11pm | 617Read More...As Vinnie Annunziata sees it, it's time for another ten-year revolution in accessing data. Annunziata, the CEO of Mistro (pronounced maestro, like the man in front of the orchestra), said the 10-year cycle that started in the 80's was the PC. Then it was the internet. Then add another ten...
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Amazon Says It Delivered 1 Billion Holiday "Items" For Free Under Prime service
Wednesday, December 26, 2018 - 6:47pm | 573Read More...It will be interesting to get a gander at Amazon.com. Inc.'s (NASDAQ: AMZN) holiday shipping tab when the e-tailer releases its fourth-quarter results Feb. 7. The Seattle-based company said today that more than 1 billion items were shipped "for free" over the holidays by US ...
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Rapid-Fire Pitch: Keyturn
Tuesday, December 25, 2018 - 10:42am | 639Read More...David Bryan believes he has an answer to reducing risk and increasing efficiency in the construction industry supply chain - what he contends is the most fragmented and complex of all supply chains – through a company called Keyturn. Bryan, co-founder of Keyturn, along with colleague Kari...
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Running With Doubles: How North America's Safest Fleet Navigates With 2 53-Foot Trailers
Monday, December 24, 2018 - 11:57am | 1343Read More...Bison Transport operates twin 53-foot trailers in Canada, and generally has lower rates of incidents than with single trailers. Whether you call them twins or doubles, the debate about longer and heavier trucks in the U.S. has been ongoing for years, with each side staking out clear battle lines....
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Rapid-Fire Pitch: Full Circle TMS
Monday, December 24, 2018 - 10:47am | 398Read More...Full Circle TMS has launched a web-based transportation management system for the expedited and truck load markets. The product automates operations and financial activity, and integrates with other trading partners. Stuart Sutton, CEO, and Derek Comartin, director of engineering, introduced the...
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FreightWaves NOW - December 21, 2018
Monday, December 24, 2018 - 10:40am | 86Read More...On today's episode, Chad Prevost and John Paul Hampstead discuss the surprisingly tight capacity in the current market. Watch Now
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YRC, Teamsters Begin Contract Talks to Replace 5-Year Pact Extension
Friday, December 21, 2018 - 8:40pm | 376Read More...The companies that comprise less-than-truckload carrier YRC Worldwide, Inc. (NASDAQ: YRCW) and the Teamsters union began the first formal step this week to reach a collective bargaining agreement when they met to exchange non-economic proposals, the Teamsters said today. The union declined to...
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New Learner's Permit Rule Eases Path to CDL
Friday, December 21, 2018 - 5:30pm | 596Read More...The FMCSA has made it easier for those looking to obtain a commercial driver's license in an action that could help get more drivers into the pipeline faster. The new rule, announced on Dec. 21, and which goes into effect on Feb. 19 next year, gives state driver's licensing agencies the...
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What The Truck?!? - December 21, 2018
Friday, December 21, 2018 - 3:23pm | 688Read More...Subscribe for free: Apple Podcasts l Google Play l Stitcher l Spotify Episode Summary: First, Chad and JP crack open a Victory Golden Monkey Tripel Belgian and a Green Bench Happy Hermit Pale Ale. That's right, JP is branching out. Then, they cover some of this week's...
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EU Cuts Third Off Truck Emissions By 2030
Friday, December 21, 2018 - 12:41pm | 579Read More...The Council of Ministers at the European Union has agreed to cut carbon emissions from heavy goods trucks 30 percent by 2030, and by at least 15 percent by 2025 compared to 2019, levels with an interim review of the policy taking place in 2022. This is the first time that the European Union has...
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Rapid-Fire Pitch: J.B. Hunt's Third Version of Carrier 360 Aims to Ease Load Matching
Friday, December 21, 2018 - 12:26pm | 491Read More...Mark Brewer, head of product innovation at J.B. Hunt Transport With $150 million in transactions, J.B. Hunt's online freight-matching business, 360 Marketplace, is a growing part of its non-asset based business. At the heart of it is the Carrier 360 app for drivers to find loads. J.B. Hunt...
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MaxiTRANS Dumps Chinese Panel Supplier and Buys Trout River
Thursday, December 20, 2018 - 9:10pm | 684Read More...Melbourne-based MaxiTRANS, an Australian manufacturer and supplier of trailers and road transport equipment, has bought a local trailer manufacturer. It has also disposed of its majority shareholding in a panel-making business in China. Australian Stock Exchange listed MaxiTRANS recently announced...
