Business

Cargomatic app gets $8M investment

Cargomatic, an app that aims to connect local shippers and carriers, announced this week it has received $8 million in investments, led by Canaan Partners, the company says.

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Highway funding action hot of late: Foxx tells Congress ‘to hell with politics’; Lawmakers readying proposals

Sec. Foxx pleaded with members of the Senate this week to discontinue the trend of short-term highway funding patches in favor of long-term bills. Two more highway funding proposals were unveiled this week.

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Why low fuel prices hold key to fixing highway funding

Congress wimped out again last year and injected the Highway Trust Fund with only enough money to make it through May.

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Podcast: Obamacare, round two — progress report as second enrollment period nears end

What's to consider if you're uninsured come tax time? Will the Supreme Court derail the bedrock of the ACA? Marc Ballard answers these and other questions here.

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Drivers staying mobile: ATA’s latest report shows driver turnover rate at 97%

Driven by recruiting incentives by fleets, driver turnover at small and large carriers remained above 90 percent in the third quarter of 2014, the American Trucking Associations reported Jan. 28.

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Driver pay: Survey shows truck operators prefer percentage pay over mileage, hourly packages

Survey says: Truck operators who receive pay based on a percentage split are generally more satisfied with their jobs than those who are paid based on hourly or mileage pay, according to survey results released this week.

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Two more e-log makers update software to reflect restart rollback

The VDO RoadLog ELD and the iGlobal ELOG are the latest to receive updates to account for December's suspension of certain hours-of-service provisions.

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Fleet news roundup: Teamsters lose votes at FedEx, Werner adds Freedom fleet driver

FedEx announced more of its drivers have rejected Teamsters affiliation, while Werner named an Army vet the driver of one of its Operation Freedom military-themed trucks.

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Big-Bore Engines Making Big Comeback. Don’t Compromise.

Parking shortage hits the mainstream

A Wall Street Journal story last week took on the issue of the difficulties faced by truckers finding a safe parking spot in widespread congested areas around the nation.

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Mack offering special financing for veterans

Mack Financial Services has announced that it will again be offering returning veterans special financing terms for new Mack commercial vehicles in 2015.

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