Trucking Industry News
Lawsuit sheds light on aborted Omnitracs deal, shows that telematics provider may be in troubles
Story by: John Paul Hampstead, Associate Editor A federal lawsuit filed last week in the Central District of California against Vista Equity Partners, a private equity firm with more than $50 billion of assets under management, alleged that Omnitracs, a leading telematics provider for the transportation and logistics industry, is in dire financial straits. Dr. […]
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Drivers shouldn’t fear that autonomous trucks will replace them, tech developers say-at least for now
Story by: James Jaillet Speaking last week at the FTR Transportation Conference in Indianapolis, Indiana, representatives from three autonomous truck tech developers sought to quell fears about their technology displacing drivers’ jobs. Instead, they offered a rosy outlook for the technology, in which autonomous trucks don’t displace drivers but alter the job to boost home […]
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FedEx and Walgreens to begin drone deliveries in Virginia
AUTHOR Morgan Forde@morgan_forde_ Story by: SupplyChainDive.com Alphabet subsidiary Wing Aviation has partnered with FedEx and Walgreens to begin commercial drone deliveries of select items to customers in Christiansburg, Virginia, next month (an exact date has yet to be released), according to a blog post. The drones will primarily carry food, healthcare, wellness-related and convenience products, according to FedEx. […]
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