Great Dane, a leading manufacturer of trailers, announced on Wednesday the spinoff of its FleetPulse trailer telematics platform into an independent company.
FleetPulse offers a comprehensive platform for monitoring safety controls for trailers and cargo. By utilizing this platform, companies can enhance their efficiency, streamline operations, and proactively address potential issues. This approach can lead to a significant reduction in maintenance costs and prevent cargo loss or damage.
FleetPulse was established as part of Great Dane back in 2017. FleetPulse has now become an independent company, helping its customers with a wide range of services. Data collected directly from the trailer's sensors and components provides real-time, strategic information through a digital dashboard to increase utilization, improve safety, and reduce maintenance costs.
In the past several years, there has been a concerning trend of U.S. carriers hiring Mexican drivers to transport freight. Despite regulations prohibiting the hiring of foreign drivers with B-1 visas, many companies continue to exploit this loophole due to cost-saving benefits. Some carriers even go as far as using vehicles with both U.S. and Mexican license plates, allowing them to rotate drivers from either country.
Alanis Barrios, the owner of Grupo Alanis, highlights the challenges faced by truck drivers in Mexico, including low earnings and safety concerns. With the potential to earn significantly more in the United States, many Mexican drivers are drawn to opportunities across the border, not only for financial reasons but also for better working conditions and greater personal safety.
The disparity in infrastructure between the two countries also plays a role in attracting Mexican drivers to the U.S., with well-established truck stops providing essential amenities and support for drivers. Improved safety and working conditions in Mexico could potentially alleviate the need for drivers to seek employment in the United States, ultimately benefiting the domestic trucking industry.
Alice F. Martin, a 59-year-old resident of Ohio, is facing serious accusations of tax evasion, totaling $1.2 million. Martin is the owner of Martin Logistics, a prominent transportation company located in Louisville. The financial troubles of Martin Logistics began in 2012 when the company encountered difficulties in meeting its financial obligations, leading to strained relationships with other companies due to delayed payments under intermediary contracts.
Later, Martin orchestrated a scheme with an employee to establish a new division within the company known as TSA Transportation. Once authorized to handle logistics and transportation for the U.S. Department of Defense, revenue generated by TSA Transportation was unlawfully funneled into another organization controlled by Martin.
Based on the reports, from 2013 to 2018, Martin diverted approximately $18 million in gross receipts related to TSA Transportation contracts to her bank account. Tax records show that Martin often failed to file tax returns, pay income taxes, and pay penalties. The first court hearing will take place on Wednesday. If found guilty, she can face a maximum sentence of 5 years in prison along with a $100,000 fine. Thus far, Martin is not pleading guilty.
Recently, plans were unveiled for the construction of a new Edgemoor port terminal, expected to cost approximately $635 million. The project will involve the development of two terminals - the South Port and North Port, located in close proximity to each other. The construction of the port will be executed in three phases, with the initial phase estimated to take over two years to complete. Key components of this phase include the construction of the dam, high deck, and coastal zone.
The project will be carried out in collaboration with the state government and "Enstructure", a prominent American company specializing in marine terminals and logistics. The state will provide around $195 million for the development, while "Enstructure" will contribute a significant portion towards the construction and procurement of equipment.
The construction of the new port terminal will provide new opportunities for the region, and the port will be able to accommodate larger vessels with modern new equipment. As a result, the Delaware port will be able to handle a variety of cargoes, which will lead to increased economic opportunities for the state. Moreover, the project is expected to generate around 11,480 new job opportunities, contributing to the growth of the local workforce.
The new terminal will be an important element in the state's economy and will help keep the maritime economy competitive in the years ahead.
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