Transport Topics
Uber for Trucking Firm in China Valued at $1 Billion
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Truck Alliance Inc., an Uber-type service for trucks known in China as Huochebang, raised about $115 million in a financing round that valued the startup at $1 billion.
Schneider Files Form With SEC to Consider IPO
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Schneider National Inc., which ranks No. 7 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, filed an S-1 form with the Securities and Exchange Commission on Dec. 22 that could pave the way for the truckload giant to go public in 2017.
Record Number of Americans Taking Holiday Road Trips, AAA Says
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AAA reports more than 103 million Americans - the most on record - are expected to travel for the year-end holidays.
Stemco Offers Axle Fastener
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Stemco released its Zip-Torq axle fastener intended to streamline the wheel end bearing adjustment with its single-piece design, the commercial vehicle component supplier said.
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