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Stay informed with the latest Transportation news in our newsroom. From logistics innovations and infrastructure developments to freight trends and supply chain solutions, we provide key insights to keep you connected to the networks moving goods and people around the world.

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Leverage Raises $7m to Modernize Global Supply Chains With Visibility Platform
TransportationFinancing

Leverage Raises $7m to Modernize Global Supply Chains With Visibility Platform

July 14, 2023 10:30 AM

Company Employs Simple Integrations and AI to Deliver 12X ROI to CustomersLeverage, the AI-powered supply chain command and control platform, is on a mission to provide unprecedented visibility to the global $9 trillion logistics industry.$7m investment led by Chicago Ventures, along with Las Olas Venture Capital, Remarkable Ventures, Tensility and Florida Funders, accelerates product development to support its global customer base.NEW YORK, NY...

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MTM Continues Growth With Acquisition of Arizona-Based NEMT Broker MTBA
TransportationCompany Update

MTM Continues Growth With Acquisition of Arizona-Based NEMT Broker MTBA

July 11, 2023 11:00 AM

PHOENIX, AZ / ACCESSWIRE / July 11, 2023 / In a move focused on expanding its presence in the western portion of the United States, MTM announced today that it has finalized its acquisition of the Medical Transportation Brokerage of Arizona (MTBA). MTBA is an Arizona-based non-emergency medical transportation (NEMT) provider and taxi operator. The acquisition, closed on July 1, follows MTM's successful 2022 acquisition of Veyo, which closed in...

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Vicinity Motor Corp. Issues DSUs
TransportationRegulatory

Vicinity Motor Corp. Issues DSUs

June 30, 2023 5:20 PM

VANCOUVER, BC / ACCESSWIRE / June 30, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announces the granting of Deferred Share Units ("DSUs"). Certain Eligible Directors have requested that their respective director's remuneration for the calendar year 2023 be paid in DSUs and accordingly, the Company has granted 161,985 DSUs in connection with...

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Montgomery Transportation Introduces 'Freedom to Choose' Fleet
TransportationCompany Update

Montgomery Transportation Introduces 'Freedom to Choose' Fleet

June 30, 2023 12:00 PM

FLEXIBILITY FOR CDL-A FLATBED TRUCK DRIVERSBIRMINGHAM, AL / ACCESSWIRE / June 30, 2023 / Montgomery Transport, a prominent flatbed carrier headquartered in Birmingham, Ala., is thrilled to announce the launch of their "Freedom to Choose" fleet, offering experienced CDL-A flatbed truck drivers the option to select between cents-per-miles (CPM) or percentage pay.The "Freedom to Choose" fleet is designed to prioritize driver satisfaction and...

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ITRCC Announces Exit 10 Accelerated Construction Schedule
TransportationCompany Update

ITRCC Announces Exit 10 Accelerated Construction Schedule

June 29, 2023 11:30 AM

ELKHART, IN / ACCESSWIRE / June 29, 2023 / ITR Concession Company LLC (ITRCC) has announced that it is accelerating the construction schedule for the closure of the Indiana Toll Road Exit 10 westbound entry ramp and westbound exit ramp. Both ramps will be closed beginning July 11, 2023. The exit ramp will re-open on August 31 and the entry ramp will re-open on September 23.The ramps had previously been scheduled for closure beginning in...

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FLYHT Receives US$1.4 million Purchase Order from a Long-Time OEM Partner
TransportationCompany Update

FLYHT Receives US$1.4 million Purchase Order from a Long-Time OEM Partner

June 29, 2023 7:05 AM

CALGARY, AB / ACCESSWIRE / June 29, 2023 / FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) (the "Company" or "FLYHT") announced today that it has received a purchase order valued at US$1.4 million for Iridium modems and license fees from a long-time OEM partner. This order builds upon the relationship previously discussed in press releases dated July 15, 2014, August 1, 2019, February 18, 2020, July 6, 2021, October 6, 2021 and May 4,...

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MTM Transit Awarded Contract to Operate Manteca Transit System
TransportationCompany Update

MTM Transit Awarded Contract to Operate Manteca Transit System

June 27, 2023 2:00 PM

MANTECA, CA / ACCESSWIRE / June 27, 2023 / MTM Transit is pleased to announce that it has been awarded a contract with the City of Manteca to operate its comprehensive Manteca Transit system. The contract, which goes live on July 1, includes a three-year term with two additional one-year options. MTM Transit to Begin Operating Manteca Transit Under the contract, MTM Transit will provide a wide range of transportation options on behalf of the...

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Vicinity Motor Corp. to Participate in Benzinga All-Access Show on Tuesday, June 27, 2023
TransportationConferences

Vicinity Motor Corp. to Participate in Benzinga All-Access Show on Tuesday, June 27, 2023

June 27, 2023 8:31 AM

VANCOUVER, BC / ACCESSWIRE / June 27, 2023 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, today announced that management will participate in the Benzinga All-Access Show taking place Tuesday, June 27th at 11:00 a.m. Eastern time.John LaGourgue, VP of Corporate Development at Vicinity Motor Corp, is scheduled to host a fireside chat with Benzinga to discuss...

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ITRCC Announces New Toll Rates for Indiana Toll Road Customers Effective July 1, 2023
TransportationCompany Update

ITRCC Announces New Toll Rates for Indiana Toll Road Customers Effective July 1, 2023

June 23, 2023 3:00 PM

ELKHART, IN / ACCESSWIRE / June 23, 2023 / ITRCC, the operator of the Indiana Toll Road, confirmed that the annual increase to toll rates will take effect on July 1, 2023. The toll rate for a full-length passenger vehicle trip (Class 2) will increase to $14.70 and for a typical full-length truck trip (Class 5) to $79.30. Toll rates vary according to vehicle class, distance traveled, and payment method. Please visit www.indianatollroad.org for...

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shuddl Launches Industry's 1st AI Technology Platform Connecting Shippers & Carriers to Fill Unused Truck Space, Increasing Profitability, Sustainability, Delivery Performance
TransportationProduct Announcements

shuddl Launches Industry's 1st AI Technology Platform Connecting Shippers & Carriers to Fill Unused Truck Space, Increasing Profitability, Sustainability, Delivery Performance

June 22, 2023 9:00 AM

shuddl's AI-Powered Platform for B2B Shipping Industry Repurposes Wasted Freight Space; Earns $7.8 Million in Revenue in First 12 MonthsSAN DIEGO, CA / ACCESSWIRE / June 22, 2023 / shuddl, the first AI-powered technology company connecting shippers to the nearest available freight space on-demand, announced its official launch today. shuddl is the only solution that increases sustainability and profitability by helping shippers and carriers fill...

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Draiver CEO, Zarif Haque, on Building Lasting Customer Relationships
TransportationCompany Update

Draiver CEO, Zarif Haque, on Building Lasting Customer Relationships

June 22, 2023 9:00 AM

OVERLAND PARK, KS / ACCESSWIRE / June 22, 2023 / Customer acquisition and retention is a priority for any company, and cultivating long-term relationships has become increasingly important as choices proliferate. Loyal customers can provide a host of advantages beyond return business - they're more likely to recommend a business and give positive online reviews, which can help attract new customers, and, in fact, according to Forbes, 70% of...

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Stavis Seafoods Continues Its Growth With a Historic Move to New Facilities
TransportationCompany Update

Stavis Seafoods Continues Its Growth With a Historic Move to New Facilities

June 21, 2023 2:00 PM

BOSTON, MA / ACCESSWIRE / June 21, 2023 / Stavis Seafoods, a renowned name in the seafood industry, moves to a new facility with its own significant history. Located at 1 Seafood Way in the Boston Seaport, this new facility and move marks a significant milestone in Stavis' journey, solidifying its position as a true industry leader and pioneer in the global seafood market. A New Dawn: 1 Seafood Way Facility on the Boston Harbor The relocation...

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MTM Transit Selected to Operate Valley Metro ADA Paratransit Weixwa
TransportationCompany Update

MTM Transit Selected to Operate Valley Metro ADA Paratransit Weixwa

June 21, 2023 11:00 AM

PHOENIX, AZ / ACCESSWIRE / June 21, 2023 / MTM Transit, a leading provider of transit services nationwide, has been chosen by the Valley Metro Regional Public Transportation Authority (RPTA) to operate its Americans with Disabilities Act (ADA) paratransit service. The contract also includes supplemental demand response transportation for non-ADA eligible passengers. This partnership, a three-year contract with three one-year options, aims to...

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How Reimagining Vehicle Delivery Helped Expand Draiver to International Markets
TransportationCompany Update

How Reimagining Vehicle Delivery Helped Expand Draiver to International Markets

June 21, 2023 9:00 AM

OVERLAND PARK, KS / ACCESSWIRE / June 21, 2023 / With 250 million vehicles transported per year in the U.S. alone, the need for smarter auto delivery solutions has reached record heights. Draiver, the industry's most intelligent on-demand vehicle delivery service, moves an average of 6,000 vehicles a day, and recently expanded this expertise to international markets to meet the rising demand for elevated vehicle transport. In this article,...

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Notice of Meeting and Meeting Agenda of Pace, the Suburban Bus Division of the RTA, Illinois Board of Directors - Open Session Wednesday, June 21, 2023 9:30 A.M.
TransportationCompany Update

Notice of Meeting and Meeting Agenda of Pace, the Suburban Bus Division of the RTA, Illinois Board of Directors - Open Session Wednesday, June 21, 2023 9:30 A.M.

June 19, 2023 10:00 AM

ARLINGTON HEIGHTS, IL / ACCESSWIRE / June 19, 2023 / Pace Headquarters will be open to the public to attend this regular meeting of the Board of Directors. The public is invited to watch the board meeting remotely by clicking on this link: www.pacebus.com/streaming.If you wish to offer public comment on an agenda item, please submit your name, the agenda item(s) on which you wish to offer public comment and your comment(s) to:...

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MTM Welcomes Chris Irwin as Senior Vice President, Managed Care Solutions
TransportationManagement Changes

MTM Welcomes Chris Irwin as Senior Vice President, Managed Care Solutions

June 14, 2023 2:00 PM

LAKE SAINT LOUIS, MO / ACCESSWIRE / June 14, 2023 / MTM, one of the non-emergency medical transportation (NEMT) industry's leading brokers, is pleased to announce the appointment of Chris Irwin as Senior Vice President, Managed Care Solutions. In his new role at MTM, Irwin will oversee MTM's nationwide operations with Managed Care Organizations (MCOs), working closely with operational teams to optimize service delivery and drive strategies aimed...

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Optimal Dynamics Announces Burc Arpat, Formerly of Google (Alphabet), Facebook (Meta) and Slack (Salesforce), as Chief Technology Officer
TransportationCompany Update

Optimal Dynamics Announces Burc Arpat, Formerly of Google (Alphabet), Facebook (Meta) and Slack (Salesforce), as Chief Technology Officer

June 14, 2023 6:00 AM

NEW YORK, NY / ACCESSWIRE / June 14, 2023 / Optimal Dynamics, the pioneer in artificial decision intelligence for trucking operations, has hired Burc Arpat as Chief Technology Officer. Arpat brings 20+ years of experience in applied AI, distributed systems and real-time data processing and integrations. Burc Arpat, CTO Burc Arpat, Chief Technology Officer In this role Arpat will be responsible for leading the company's continuing efforts to...

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MTM Awarded New Contract for Rhode Island NEMT Services
TransportationCompany Update

MTM Awarded New Contract for Rhode Island NEMT Services

June 13, 2023 12:00 PM

WARWICK, RI / ACCESSWIRE / June 13, 2023 / MTM is pleased to announce that it will continue operating as the state of Rhode Island's non-emergency medical transportation (NEMT) broker through at least 2026. MTM began operating the statewide program in January 2019, providing rides to medical care for eligible residents. Under MTM's operation, the NEMT program delivers 2.4 million trips annually to 310,000 eligible Medicaid members, Elderly...

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DroneUp and Carilion Clinic Explore Use of Drone Technology to Enhance Healthcare
TransportationCompany Update

DroneUp and Carilion Clinic Explore Use of Drone Technology to Enhance Healthcare

June 13, 2023 9:00 AM

VIRGINIA BEACH, VA / ACCESSWIRE / June 13, 2023 / DroneUp, a leading autonomous drone delivery provider headquartered in Virginia Beach, has partnered with Carilion Clinic, the not-for-profit healthcare organization based in Roanoke, to investigate how drones could be used to improve healthcare delivery throughout Virginia and beyond.Carilion and DroneUp are conducting a proof-of-concept study to see if delivering crucial medical supplies can...

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Phil Stalboerger Promoted to Senior Vice President, Public Affairs
TransportationManagement Changes

Phil Stalboerger Promoted to Senior Vice President, Public Affairs

June 8, 2023 2:00 PM

LAKE SAINT LOUIS, MO. / ACCESSWIRE / June 8, 2023 / MTM is pleased to announce the promotion of Phil Stalboerger to Senior Vice President, Public Affairs. Since joining MTM in 2013 as Vice President, Public Affairs, he has demonstrated exceptional dedication and expertise in managing government relations efforts on behalf of MTM across the nation. His commitment to ensuring that MTM's clients are equipped to address the challenges they face in...

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