October 22, 2020

Breaking News: US Adds 4,600 Truck Transportation Jobs In September

The number of jobs in the U.S. truck transportation category rose 4,600 in September, less than half the rate of growth recorded between July and August. 

In the latest monthly report released Friday morning by the Bureau of Labor Statistics, truck transportation jobs were reported at 1,454,400 for September, up from 1,449,800 for August. That August number was revised upward from 1,449,500 jobs in the preliminary report released last month.

With that revision in August, and that the July numbers are now considered permanent and no longer preliminary, it shows that truck transportation jobs rose an even 10,000 positions between July and August, up to 1,449,800 jobs from 1,439,800 jobs. The July number was revised up to 1,439,500 jobs. 

The growth between August and September, even in a market for drivers that some analysts are likening to the crazy tightness of 2018, wasn’t even half of what the growth was

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Shift Adds Automotive Retail Veteran Mark McCollum as CRO to Fuel Next Stage of Growth

SAN FRANCISCO, Sept. 30, 2020 (GLOBE NEWSWIRE) — Shift, a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, today announced the appointment of Mark McCollum as the company’s Chief Revenue Officer. McCollum joins recently-appointed Chief Financial Officer Cindy Hanford in building out the company’s automotive pedigree on the executive team.

This management announcement follows Shift’s June 29 announcement of its plans to pursue a business combination with Insurance Acquisition Corp. (Nasdaq: INSU), a publicly traded special purpose acquisition company, as well as INSU’s announcement on September 24 that the registration statement on Form S-4 (File No. 333-239896) relating to the business combination was declared effective by the U.S. Securities and Exchange Commission. A Special Meeting of INSU’s stockholders is to be held on October 13, 2020 in connection with the business combination.

In this newly created role, McCollum will oversee all

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