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FourKites Receives $50 Million in New Funding From Investors

Shipment-tracking company FourKites has collected $50 million in funding from a group of existing investors that includes August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels. The new funding brings to $100.5 million the capital raised since the Chicago company’s founding in 2014. FourKites said the money will be used to expand its

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Cummins Top Overall Supplier of Class 8 Diesel Engines in 2018

Independent engine maker Cummins Inc. supplied the most Class 8 diesel engines overall in 2018, and set a record for its heavier-displacement units used in one of the strongest years on record for new truck demand, WardsAuto.com reported. There were 309,701 diesel engines used in Class 8 trucks in 2018. Cummins supplied 118,857, or 38.3%,

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Goodyear Digital System Shows 15% of Truck Tires Need Service

GRAPEVINE, Texas — Goodyear Tire and Rubber Co. said during a customer event here that internal data has found that 15% of truck tires its customers inspected are either underinflated or have other issues that could impact the tires’ performance. Engineers speaking last month at the compay’s annual Goodyear Customer Conference said the findings were culled from the

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New York Hadn’t Been Enforcing the ELD Mandate. Now It Is.

The New York State Department of Transportation announced that state inspectors will begin enforcing federal electronic logging device rules, ending a year-plus stretch during which a lawsuit kept the state law enforcement in limbo and left federal inspectors as the sole enforcers of the rule in the state. “The purpose of this rulemaking is to

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Experts Discuss Autonomous Tech’s Effect on Freight

WASHINGTON — As they become more prevalent, autonomous technologies will bear a bigger impact on freight transportation, according to panelists assembled at the U.S. Conference of Mayors’ winter meeting. Clement Bezold, chairman of the Institute for Alternative Futures, said autonomous technology in trucks eventually may play a role in the longhaul portion of journeys, meaning

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Appeals Court Rejects Challenge to California’s Low-Carbon Fuel Standard

An appeals court has rejected a challenge by a group of trade and energy organizations to block California’s low-carbon fuel standard aimed at reducing the rate of greenhouse gas emissions in the state’s transportation sector. A three-judge panel of the 9th U.S. Circuit Court of Appeals denied a claim made by farm trade groups, fuel

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