Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
Plus, a CSX train collides with a semi hauling a military tank in South Carolina, a truck driver is awarded $160M in a lawsuit over a defective truck, and Truckstop announces another round of layoffs.
Alabama jury rules against Daimler Truck NA in a $160M verdict for a truck driver injured due to alleged defective cab and seat design.
ATRI study shows 39% of truck deliveries face costly delays. Industry loses $15B annually.
A train collided with an 18-wheeler carrying a military vehicle at a Goose Creek railroad crossing. No injuries reported.
Plus, Aurora to launch 100 mile route, RXO completes $500M stock offering, freight tech company aifleet raises $16.6M, and more.
Aurora Innovation plans to offer autonomous trucking services on a 1000-mile route between Fort Worth and Phoenix, starting in 2025.
Tech-driven trucking startup aifleet secures $16.6M Series B, aiming to become largest US carrier with AI-powered optimization and industry-leading efficiency.
RXO's $500M stock offering powers its acquisition of Coyote Logistics, expected to close by September 20, 2024.
Plus: FTC busts a multimillion-dollar trucking scam, Tesla revs up electric semi production, numbers on FMCSA carrier data breach, and more.
FTC and Florida halt "trucking automation" company RivX over alleged $75,000+ investment scam. Court orders operations ceased, assets frozen.
Tesla ramps up electric semi-truck production with 26 new units spotted. New dedicated facility under construction, set to open in 2025.
As US companies shift from China to Mexico, a surge in cargo hijackings threatens to derail the nearshoring bonanza.
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