March 21, 2026
Koffie Insurance Secures $11M in Series A Funding Koffie Insurance, an InsurTech startup catering to the trucking and transportation industry, has successfully raised $11 million in its Series A funding round. The round was led by Anthemis Group, with participation from existing investors Lerer Hippeau Ventures and Plug and Play Ventures. New investors included CP […]
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March 16, 2026
MAN Financial Services UK Joins TRATON Financial Services Swindon, November 4, 2024 – MAN Financial Services UK has officially become part of TRATON Financial Services, integrating with the TRATON GROUP, a major player in the commercial vehicle manufacturing and mobility solutions sector. Since its launch on April 1, 2023, TRATON Financial Services has significantly altered […]
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March 9, 2026
Project 61, a nonprofit focused on improving truck driver health, has acquired Offshift, a digital health platform specifically designed for truck drivers. According to Project 61, truck drivers have the highest obesity and diabetes rates among U.S. occupations, and the situation is worsening. Project 61 aims to counteract this troubling trend. Offshift’s technology now supports […]
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February 22, 2026
A Controversial California Clean-Air Program A California initiative aimed at electrifying truck and bus fleets has drawn significant backlash for channeling a substantial portion of its funding to support Tesla’s electric semi-truck, a vehicle with an uncertain production timeline and limited availability. Funding Allocations Under Scrutiny The California Air Resources Board (CARB) and CALSTART have […]
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December 18, 2025
Nirvana Tech Secures $100 Million Funding for Growth Commercial trucking insurance startup Nirvana Tech Inc. announced today that it has successfully raised $100 million in a late-stage funding round aimed at supporting its growth into new market segments. Innovative AI-Driven Insurance Solutions The company has developed what it claims to be the world’s first artificial […]
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November 15, 2025
Kodiak AI and Aurora Innovation reached important milestones in Q3 in preparation for possible large-scale deployment in 2026. According to Global Market Insights, the global market for autonomous trucks is expected to increase from $356.9 billion in 2024 to $1.5 trillion by 2034. The sector is gaining traction as federal regulations and financing models are […]
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November 14, 2025
Harbinger’s Series C Funding Round Harbinger has successfully secured $160 million in its Series C funding round, co-led by FedEx, Capricorn’s Technology Impact Fund, and THOR Industries. This funding will aid the medium-duty electric vehicle manufacturer in ramping up production and gearing up for its first fleet deliveries scheduled for 2025. Total Funding Exceeds $350 […]
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October 17, 2025
Health Challenges Faced by Truck Drivers Truck drivers have long faced significant health and wellness challenges, with alarming statistics highlighting the issue. The Centers for Disease Control reports that over 50% of truckers are obese, and their average life expectancy is just 61 years—16 years less than the general population. The Bureau of Labor Statistics […]
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October 13, 2025
Custom Truck One Source Unveils New Equipment at Utility Expo 2025 At the Utility Expo 2025, Custom Truck One Source, Inc. and Load King Manufacturing showcased a range of new equipment, featuring sophisticated tracked easement machines, lightweight service trucks, material handlers, and a fully electric bucket truck. These innovations target professionals in the utility, infrastructure, […]
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September 11, 2025
Addressing Truck Driver Health Mark Manera, founder of Offshift, notes that most health and wellness initiatives typically focus on white-collar workers who spend their days in cubicles. With a background as a physical therapist, he witnessed the detrimental effects of prolonged truck driving on his patients’ health over decades. Inadequate Solutions for Truck Drivers Manera […]
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