E-log and small fleet dispatch software provider KeepTruckin is planning its next moves following an additional $18 million in Series B funding, led by Scale Venture Partners and existing investors GV (formerly Google Ventures) and Index Ventures. The infusion will allow the company, which started as a smartphone-based logging platform in 2013, to take its current electronic logging device and small fleet management platform to another level. “If we are successful in bringing…
Read MoreELD Mandate May Cost Fleets 15-20% More
Large fleets that have adopted electronic logging devices (ELD’s) in recent years learned that productivity dropped, said Todd Amen, president of owner-operator financial services provider ATBS. “You lose 10 to 20 percent of your ability to run miles,” said Amen, on Friday at the Great American Trucking Show in Dallas. Most small fleets and independent owner-operators will wait until late 2017 to comply with the mandate, which takes effect in December…
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