The autonomous-truck business removed its CEO in October after a board examination of TuSimple’s relationship with a Chinese startup, and it faces multiple federal investigations.
Although consumers are spending approximately 8% more on retail than last year, real retail sales — adjusted for inflation — are 1% lower year-over-year.
RPM said it will use its third-party logistics capabilities primarily to cater to original-equipment-manufacturer suppliers and customers, aggregating data across the vehicle life cycle.
Hou was removed after the discovery that TuSimple employees spent paid hours working on matters for Hydron Inc., a firm with significant operations in China.
While executives and investors alike are in some cases heading for the exits, well-capitalized companies in the space are plowing ahead into new markets and projects.
With AI-assisted rate predictions, shippers and freight brokers can budget adequately, improve logistical decision-making and build solid carrier relationships.
The latest news, analysis, services and systems regarding truckload and less-than-truckload (LTL) services and their impact on supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through truckload and LTL solutions. New technologies that provide information during ground shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using truckload and LTL solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.