Love’s announced Monday that its financial services unit has acquired the U.S. freight factoring portfolio from REV Capital. The deal adds more than 500 customers to the Love’s Financial platform. Financial terms of the transaction were not disclosed. The deal closed on Friday. “During a challenging freight market,...

Love’s acquires US freight factoring portfolio from REV Capital

During the 10th anniversary year of Love's Financial, the acquisition aligns with the convenience store retailer and travel center operator's plans to grow its financial services business and offerings, the company said. Terms of the agreement were not disclosed. "During a challenging freight market, this acquisition underscores Love's commitment to...

Love's Expands Financial Services Business

Love’s Financial has announced the acquisition of the U.S. transportation factoring portfolio of REV Capital, adding hundreds of new financial services customers to Love’s portfolio. During Love’s Financial’s 10th anniversary year, the deal aligns with Love’s plans to grow its financial services business and offerings. The acquisition closed...

Love’s Acquisition Adds 500 Freight Factoring Customers

AI-powered forecasting company Amperon has launched its new Asset-level Renewable Generation Forecasts. Renewable energy producers, utilities, and other companies that buy and sell electricity, can now view solar generation forecasts at the individual site-level or aggregate-level for portfolio management, and each hour’s forecast accuracy is scored and calculated based on the asset’s nameplate capacity, providing more transparency and accountability.

Amperon launches latest AI-powered renewable generation forecasting tool

Schneider National, No. 6 on the FleetOwner 500: For-Hire, recently noted how it is poised to thrive thanks to nearshoring trends as it looks to provide shippers with more opportunities and efficiencies in North American transportation. According to the Mexico Institute for Competitiveness, foreign investment in nearshoring in Mexico increased...

Schneider’s intermodal service unlocks customer growth, flexibility in Mexico

California State

Reuters

(Reuters) - California's Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid to detect fraud and smoothen the title transfer process, the agency's technology partners exclusively told Reuters on Tuesday.

California DMV puts 42 million car titles on blockchain to fight fraud

Editor's Note: This story originally appeared on FlexJobs.com. FlexJobs has highlighted companies offering remote, work-from-home jobs since 2007, but in recent years, a renewed spotlight has been put on the benefits of remote work. More companies are embracing permanent remote work options, and many people are focused on finding the...

25 Companies Hiring Now for Remote, Work-From-Home Jobs

Chicago, IL

Railway Age and Railway Track & Structures are returning to Chicago for our second-annual in-person Women in Rail Conference featuring trailblazing women and their allies who are significantly influencing today’s freight, passenger and transit rail industry. After selling out in 2023, we have expanded this important event to two days—filled with instructive panels covering everything from mentorship to advancing current skillsets so they match evolving technologies, an awards luncheon and a Metra tour.

Mark Your Calendar: 2024 Women in Rail Event Set for Nov. 5-6

The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced Tuesday that it has removed four electronic logging devices (ELDs) from its list of registered devices. The affected devices are CTE-LOG ELD, ELD VOLT, PowerTrucks ELD, and TFM ELD. This decision, effective July 23, follows the companies’...

FMCSA drops 4 devices from list of registered ELDs

UPS will soon acquire a nearly 50-year-old delivery company based in Mexico as part of the company’s plan to become the top delivery service in the world. UPS has entered into an acquisition agreement with Estafeta, which is expected to close by the end of the year. The acquisition of Estafeta will include six Boeing 737-400 freighters, along with maritime, railway, and trucking services, reported AirCargoNews.

UPS to acquire nearly 50-year-old Mexican delivery company

Freight fraud has become an all-too-familiar term in the transportation and logistics sectors in recent years. Although fraud has long been a challenge in the field, industry experts observe that these criminals have evolved alongside FreightTech, leaving supply chain participants uncertain about who will bear the burden of finding solutions.

How freight fraud became the perfect crime

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Advocate Andy

Rent-a-Center affiliate charged with deception, illegal lending. A consumer finance company affiliated with Rent-A-Center is facing charges that it misled or deceived as many as 5 million of its customers and that it engaged in illegal lending practices.

5 Million Consumers Deceived in Rent-to-Own Lending Scheme

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Pennsylvania State

Harrisburg, PA

HARRISBURG, Pa. – Amtrak’s Harrisburg Line Track Renewal project moves to phase four. On March 20th, RT&S reported Amtrak had begun its “$122 million project in Pennsylvania to improve tracks on the Harrisburg Line, between Lancaster and Harrisburg.” Recently, RT&S reported the project had moved along and entered phase three on June 10th. Now, the project continues to progress as abc27 reports Amtrak has entered its fourth phase. The project has reached the 50% completion mark.

Amtrak’s Harrisburg Line Track Renewal Project Enters Phase Four

North Carolina State

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Charlotte, NC

Town Talks

When it comes to grocery shopping, consumers often debate the prices at different stores. In North Carolina, two chains are particularly known for their higher prices:. Locations: 16 across North Carolina, predominantly in larger cities like Charlotte and Raleigh.

North Carolina Is Home To Two Of The Most Expensive Grocery Stores in America

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Minnesota State

DayTripper

The hit History Channel series "American Pickers" is gearing up for an exciting return to Minnesota this fall. The show's production team has announced plans to film episodes throughout the state in September 2024, offering locals a chance to showcase their unique collections and share their stories with a national audience.

"American Pickers" Set to Unearth Minnesota's Hidden Treasures

NewsBreak

GIO Rail Taps TekTracking’s TIMPS

NEWS Freight Passenger Track Construction Track Maintenance Safety Bridges/Tunnels Grade Crossings. GIO Rail, a Canadian company providing services ranging from industrial switching to railcar repair and...

GIO Rail Taps TekTracking’s TIMPS

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