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Using artificial intelligence, aifleet is able to generate over 40% higher utilization than the truckload industry average, while keeping truck drivers happy. With an investment from Volvo and others, the AI-driven trucking company will continue to grow.
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Uber Technologies has received a $500 million investment from Greenbriar Equity Group, a New York-based investment firm, in a Series A preferred stock financing for Uber Freight.
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Daimler Trucks North America will partner with software developer Platform Science for on-vehicle mobile applications that offer advanced fleet management solutions.
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C.H. Robinson has committed to investing $1 billion in advanced technology and talent over the next five years to reshape the future of the company’s logistics ecosystem.
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Bowling Green, Kentucky-based Taz Trucking has announced a $7.3 million investment to add more truck drivers and support staff jobs and further expand the company.
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QuikQ has announced strategic investments by truck stop and truck maintenance companies Love’s Travel Stops and TravelCenters of America to help the fuel payment solutions company expand and grow.
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Roadrunner Transportation Systems has announced a new investment in additional fleet assets that includes new trucks and trailers.
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Xtra Lease announced that it will invest more than $300 million to purchase over 10,000 trailers in 2019, the largest capital investment made by the company for trailers in a single year.
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Meritor has announced an additional strategic investment in TransPower, an electrification technologies provider for large commercial vehicles, to support future growth.
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A Memphis, Tennessee, fleet is investing $84 million to turn a derelict shopping mall into its new headquarters facility.
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