Kempower has entered into a groundbreaking initiative to build fast chargers for electric trucks at DFDS logistics depots, marking a significant step forward in the push towards sustainable transportation. This partnership is highly flexible, allowing DFDS to request the installation of charging
The recent strategic investment by NIPPON EXPRESS HOLDINGS, INC. (NX Group) into Gatik, an autonomous middle-mile logistics company, marks a pivotal moment for the logistics industry. This move not only underscores the growing trust in autonomous technology but also signals a new phase of growth
The recent national rail stoppage has sent shockwaves through the logistics industry, causing a significant upheaval in the movement of goods across the country. With rail services halted, businesses have been forced to turn to trucking as a stopgap measure. However, this sudden shift has exposed
In a welcomed turn of events for the trucking industry, truck tonnage levels for July 2024 have shown modest growth, bringing a glimmer of hope to a sector that has been grappling with fluctuating volumes for over a year. According to data released by the American Trucking Associations (ATA), this
The freight trucking industry has been mired in a persistent recession since 2022, driven by declining demand, elevated interest rates, and inflationary pressures, which have a multitude of companies navigating tough financial waters. These harsh conditions have compelled numerous logistics firms
The freight trucking industry, a cornerstone of the global economy, finds itself in the throes of a profound recession that began manifesting in 2022. This economic downturn, characterized by plummeting demand, steep interest rates, and persistent inflation, has led to severe financial distress
