ASG announced Tuesday that it has acquired digital freight management platform Trucker Tools. The business sold for $65 million according to Pitchbook data compiled from the SEC. ASG buys, builds and operates vertical software-as-a-service (SaaS) companies as a portfolio company…
By Omar Singh, president and founder, Surge Transportation Do you remember studying something in school and asking yourself or your teacher, “When am I ever going to use this?” Well I asked that once of a professor when talking about…
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Much of the Deep South and Gulf Coast have been flooded by torrential rain over the past several weeks, followed by Tropical Storm Claudette last weekend. Additional periods of downpours will develop the rest of the week as a frontal…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight a $90 million purchase of SalSon Logistics, a recovered shipment of 5 million bullets stolen from two tractor-trailers and more. The…
Cass Information Systems Inc. (NASDAQ: CASS) recently launched Cass FreightClaim360, a freight claims management application for carriers and logistical service providers. Cass FreightClaim360 is a cloud-based software that focuses on helping carriers automate each step of a claim’s life cycle…
Delta Air Lines (NYSE: DAL) is making quick progress toward recovery from the COVID pandemic as the U.S. vaccination program unleashes pent-up demand for travel. The company is better positioned than many international carriers, from a liquidity and debt standpoint,…
A widely held theory on pandemic spending is that container imports surged because Americans bought a lot more goods when COVID prevented them from buying services. Ergo, with more vaccinations and fewer hospitalizations, Americans will resume spending on services and…
A United Auto Workers strike at Volvo Trucks North America entered its third week Monday with the impact spreading to a Maryland engine plant that serves both Volvo and sibling Mack Trucks. “The strike has affected Hagerstown, which has reduced…
On today’s episode, Dooner and The Dude are talking with MassRobotics and Vecna Robotics about the first open source autonomous mobile robot interoperability standards, which will enable AMRs from multiple vendors to integrate and work together seamlessly to support safe…
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