The Daily Dash: Daimler’s product news, BMO’s earnings

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, we highlight a big announcement by Daimler, significant money raised by an insurtech startup and another encouraging sign for the future.

Building medium-duty engines

Cummins Inc. announced it will build a medium-duty engine plant within a Daimler Trucks Mannheim complex in Germany to localize medium-duty engines that comply with the Euro VII emissions. It is the first major product announcement...

https://www.freightwaves.com/news/the-daily-dash:-daimlers-product-news-bmos-earnings

Lavalle Transportation buys shuttered Rush Trucking, Lavalle employee says

LaValle Transportation buys shuttered Rush Trucking

After news surfaced Monday that Wayne, Michigan-based Rush Trucking had shuttered operations, a Lavalle Transportation employee confirmed to FreightWaves that the automotive parts hauler had been sold in December to rival carrier Lavalle, headquartered in Potsdam, New York.

The company’s operations in Michigan have been closed, the source said. 

Rush Trucking had 354 power units and 374 drivers, according to the Federal Motor Carrier Safety Administration’s SAFER website. The company’s...

https://s29755.pcdn.co/news/lavalle-transportation-buys-shuttered-rush-trucking-lavalle-employee-says