Trucking tech startup Convoy inks biggest deal, with Unilever
![One of Otto's self-driving freight trucks leaves the garage for a test drive during a demonstration at the Otto ...](/content/dam/images/g/r/f/2/a/d/image.related.afrIndexLead.320x210.gsfup0.png/1478058979291.jpg)
Uber Technologies is challenging Convoy in the road-freight market through its acquisition of Otto.
Uber Technologies is challenging Convoy in the road-freight market through its acquisition of Otto.
Trucks, trailers and lifting equipment from collapsed transport group McAleese have been put up for sale on GraysOnline.
A trailer full of Budweiser has driven itself down Colorado's I-25 with nobody behind the wheel.
Collapsed transport group McAleese had a surplus of $16.3 million after it went into administration two months ago.
McAleese shareholder Havenfresh will control the trucking group's board after CEO Mark Rowsthorn and chairman Don Telford resign as directors
Trucking experts burst out laughing when asked about drivers sleeping in moving cabs.
More than 70 parties have expressed interest in McAleese's assets, but Mark Rowsthorn is yet to propose a rescue plan.
McAleese receiver Grant Thornton expects to recover debts owed from deals struck with SC Lowy funds.
McAleese CEO and a former BRW Rich List member Mark Rowsthorn has blamed the resources slump for the collapse of the transport group as he hit out at minority shareholders.
Mark Rowsthorn entered voluntary administration with a plan to make a trucking phoenix from the ashes of McAleese.
Whether McAleese chief executive Mark Rowsthorn's can retain his grip on the transport group will be decided on Monday.
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