The new trucking freight futures market could help companies better manage their budgets — and secure better pay for truck drivers
America's 1.8 million truck drivers have seen their pay drop by as much as 50% since the 1980s.
A new freight futures market may actually help trucker salaries catch back up to its previous standards, surprisingly.
That's because the futures market can help trucking companies understand when their businesses will grow and contract in the years ahead and will be able to make investments into their employees accordingly.
A futures market is opening for the $726 billion trucking industry.
A four-year-old trucking startup achieved a major victory in fixing one of transportation’s biggest inefficiencies — and it’s a huge win for truck drivers
Convoy, a Seattle-based trucking startup, announced on Tuesday that they can now match truck drivers and loads without human intervention in top markets.
Completely automated matching was one of the leading aims of the app, which was recently valued at $1 billion.
Convoy allows trucking and shipping companies to connect over an app, rather than the traditional way of using a phone broker.
Automated freight brokerage can match truckers with better loads and ensure that they're paid in a timely...
Prosecutors say the suspect dragged the victim at speeds of up to 70 mph.