Skip to content
Search AI Powered

Latest Stories

FMCSA’s Truck Leasing Task Force to hold first meeting in July

Created as part of the 2021 infrastructure bill, body is charged with ensuring that owner-operators have access to fair leasing agreements

foxpoint AdobeStock_95255465-904x1024.jpeg

A federal Truck Leasing Task Force (TLTF) is scheduled to hold its first meeting in July with the goal of ensuring that drivers have access to fair leasing agreements and monitoring the potential safety and financial impacts on owner-operators.

Created as part of the 2021 bipartisan infrastructure bill, the TLTF will be a new body of the Federal Motor Carrier Safety Administration (FMCSA) within the U.S. Department of Transportation.


FMCSA last month announced the nine members of the task force, which includes industry professionals from: labor organizations, motor carriers, consumer protection groups, owner-operators, attorneys, educators, and other related businesses.

Representing the truck leasing sector on the TLTF will be Joshua Krause, chief operating officer of Foxpoint, the holding company for OTR Leasing, a tech-enabled specialty finance company that leases Class 8 Trucks. “I’m proud to serve on this important Truck Leasing Task Force and represent the truck leasing industry,” Krause said in a release. “I look forward to sharing business best practices that will have a lasting impact on the safety and financial wellbeing of owner-operators across our nation.”

Additional members of the board include:

  • Tamara Brock, Brock Logistics, LLC and Lewis & Lewis Logistics, LLC (Independent Owner-Operator)
  • Paul Cullen, The Cullen Law Firm, PLLC (Attorney) 
  • Troy Hawkins, TTOH Consulting & Logistics, LLC (Independent Owner-Operator)
  • Jim Jefferson, Owner-Operator Independent Drivers Association (Consumer Protection)
  • Kaitlyn Long, International Brotherhood of Teamsters (Labor Organization) 
  • Steve Rush, Carbon Express Inc. (Carrier)
  • Lesley Tse, Of counsel to Getman, Sweeney & Dunn, PLLC (Attorney)
  • Steve Viscelli, Ph.D., University of Pennsylvania (Economic Sociologist)

 

 

The Latest

More Stories

a product on a conveyor belt

Picked to perfection

Fruit company McDougall & Sons is running a tighter ship these days, thanks to an automated material handling solution from systems integrator RH Brown, now a Bastian Solutions company.

McDougall is a fourth-generation, family-run business based in Wenatchee, Washington, that grows, processes, and distributes cherries, apples, and pears. Company leaders were facing a host of challenges during cherry season, so they turned to the integrator for a solution. As for what problems they were looking to solve with the project, the McDougall leaders had several specific goals in mind: They wanted to increase cherry processing rates, better manage capacity during peak times, balance production between two cherry lines, and improve the accuracy and speed of data collection and reporting on the processed cherries.

Keep ReadingShow less

Featured

Jump Start 25 conference opens in Atlanta

Jump Start 25 conference opens in Atlanta

Artificial intelligence (AI) and the economy were hot topics on the opening day of SMC3 Jump Start 25, a less-than-truckload (LTL)-focused supply chain event taking place in Atlanta this week. The three-day event kicked off Monday morning to record attendance, with more than 700 people registered, according to conference planners.

The event opened with a keynote presentation from AI futurist Zack Kass, former head of go to market for OpenAI. He talked about the evolution of AI as well as real-world applications of the technology, furthering his mission to demystify AI and make it accessible and understandable to people everywhere. Kass is a speaker and consultant who works with businesses and governments around the world.

Keep ReadingShow less
cargo handling cranes at a port

Port of Savannah got four more ship-to-shore cranes on Saturday

The Port of Savannah received four collossal new electric ship-to-shore cranes on Saturday, bringing its total to eight and soon enabling the Georgia facility’s Ocean Terminal to service two vessels simultaneously.

The Super Post Panamax cranes were all designed by Finland-based Konecranes. The specific manufacturer of the cranes is significant in an era where U.S. security agencies have warned in recent months that the Chinese-made cranes currently installed at most U.S. cargo ports pose cybersecurity and espionage risks if hackers tapped into their networked sensors to monitor details of cargo port operations.

Keep ReadingShow less
warehouse workers handling boxes

Aptean picks up fellow supply chain software vendor Logility

The Georgia-based enterprise software vendor Aptean has agreed to acquire Logility Supply Chain Solutions Inc., a fellow supply chain software vendor that has been under pressure from its investors to find a buyer to take the NASDAQ-traded company private and increase its profit margins.

It appears to have found that buyer in Aptean, a deep-pocketed firm that is backed by the private equity firms TA Associates, Insight Partners, Charlesbank Capital Partners, and Clearlake Capital Group.

Keep ReadingShow less
screenshot of AI software for supply chains

Netstock says latest software helps SMBs adopt AI

Small and medium-sized businesses (SMBs) today got a new set of AI-powered capabilities for supply chain visibility and decision-making, as part of the latest software release from the Boston-based predictive supply chain planning software provider Netstock.

Netstock included the upgrades in AI Pack, a series of capabilities within the firm’s Predictor Inventory Advisor platform, saying they will unlock supply chain agility and enable SMBs to optimize inventory management with advanced intelligence.

Keep ReadingShow less