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Amazon Brand Owner Heyday Raises $555 Million in Funding Round

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

November 16, 2021

J.B. Hunt Execs Say Mandate Issues Extend Beyond Drivers

The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.

November 12, 2021

UPS, TuSimple Expand Partnership

UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.

November 4, 2021

J.B. Hunt Adds Digital Freight Matching Within SAP ERP

J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.

November 1, 2021

September Shatters Already High Used Class 8 Prices

In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.

October 27, 2021

Ryder Reports Strong Q3, Beats Expectations

Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.

October 27, 2021

Current Driver-Assist Tech Effective, Experts Say

NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.

October 27, 2021

Nikola, PGT Trucking Collaborate on FCEVs

Nikola Corp. announced a collaboration with PGT Trucking Inc. that includes a letter of intent from the flatbed carrier to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles following the satisfactory completion of a Nikola Tre FCEV demonstration program.

October 15, 2021

Ryder Partners With Embark to Open Autonomous Truck Transfer Points

Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.

September 23, 2021

NACFE Finds Many Fleets Could Run Electric Trucks Now

Fleets in four market segments could switch to battery-electric vehicles right now, the North American Council for Freight Efficiency concluded after its recent Run on Less — Electric event.

September 23, 2021