Work Truck Solutions’ Q3 2024 Commercial Vehicle Market Analysis Reveals Complex Dynamics
Work Truck Solutions® released its Q3 2024 Commercial Vehicle Market Analysis today. While the commercial vehicle market overall continues its recovery, the interplay between new and used truck segments reveals a series of subtle yet significant indicators that warrant attention.
"The commercial vehicle market is revealing some complex dynamics this quarter," said Work Truck Solutions CEO Aaron Johnson. "While new truck inventory is steadily climbing, we're not seeing the corresponding surge of on-lot inventory in the used truck segment. This lag is expected, as it takes time for new trucks to enter the used market, especially considering the lingering effects of past supply chain disruptions.”
Reindeer Logistics Joins eSTART Coalition to Help Modernize Automotive Title and Registration Processes
Reindeer Logistics is excited to announce its participation in the Electronic Secure Title and Registration Transformation (eSTART) Coalition as a founding member.
"We're excited to be part of a coalition that not only shares Reindeer’s vision for a more streamlined and modern automotive industry but is actively working towards making it a reality. Together, we can make a significant impact on the way our industry operates and how our customers experience it," said Michael Stevens, Vice President for Reindeer.
Motus Appoints Amanda Bohne as Chief Marketing Officer
Motus announced the appointment of Amanda Bohne as its new Chief Marketing Officer (CMO).
“Amanda’s extensive experience in technology marketing, coupled with her passion for building dynamic teams, makes her the ideal leader to expedite our growth trajectory and enhance our marketing efforts,” said Phong Nguyen, CEO of Motus.
“It’s a phenomenal opportunity to be able to work on a market-leading brand with such a commitment to innovation and an incredible customer base,” said Bohne. “I’m so excited to partner with this talented and customer-centric team to further accelerate Motus’ evolution in this next chapter.”
Carrier Vetting: Simplified Without Sacrifice
By Lisa Haubenstock, Vice President of Product, Risk & Compliance Solutions, Truckstop
Just when freight brokers believe they have fraud under control, scammers - often disguising themselves as legitimate carriers - become even more cunning and deceptive.
Brokers can be targeted in numerous ways, including identity theft, double-brokering, fake invoices, and cargo theft by scammers who use impersonation and falsified documents.
A carrier’s status can shift from 'good to go' to 'risky' in a short time. Having a carrier vetting tool that utilizes the industry's most comprehensive dataset can help capture and retrieve the most up-to-date information.
One such service to consider is Risk Factors, a reliable fraud mitigation tool designed by Truckstop to help brokers with carrier compliance and a generalized risk assessment.
The Hourglass Foundation’s iGive Back Campaign Tops Q3 Fundraising Goal – Doubling Amounts of ’25 Scholarship Gifts
In July 2024, The Hourglass Foundation was named AFLA's “Charity of the Year." In celebration, the organization launched an iGive Back Fundraising Campaign aimed at raising a minimum of $12,000 to help with their student scholarship gifts.
With visibility at AFLA’s Annual Conference, The Hourglass Foundation was able to raise over $18,700 in contribution - more than double the amount of their direct student scholarship gifts for 2025!
“I was amazed at the outpouring of support, as well as the amount of interest there was in what we are doing as an organization. It’s a true testament to just how amazing the people in the automotive industry are," said The Hourglass Foundation’s Executive Director, Kim Davidson.
