Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robocar services.
October 21, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight
CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.
October 21, 2022Michigan to Test Roads With Underground Coils for EV Charging
A Detroit roadway where electric cars and trucks can recharge via a wireless device while traveling or parked is planned as part of a new venture between Michigan and Israeli company Electreon.
October 21, 2022Lytx Unveils Safety Solution for Parked Commercial Vehicles
Telematics company Lytx Inc. announced Oct. 21 a new safety solution to detect commercial vehicles parked on highways.
October 21, 2022Volvo Reports Record Q3 Truck Deliveries
Volvo Group reported increased revenue and net income in the third quarter as deliveries of trucks rose 21%, with the strongest revenue coming from Europe as fleets replaced aging trucks — prompting a record for both truck production and delivery.
October 20, 2022Tesla Sales Rise, but Revenue Still Lower Than Expected
Tesla Inc. shares declined in early trading after the electric car maker reported lower-than-expected revenue and acknowledged it isn’t immune from economic headwinds.
October 20, 2022Solera’s Spireon Introduces Next-Gen Cargo Sensor
Asset-tracking technology provider Spireon has introduced its next-generation cargo sensor, designed to give motor carriers more detailed information about available trailer capacity.
October 20, 2022Waymo’s Self-Driving Taxi Service Expands to L.A.
Waymo, Alphabet Inc.’s driverless vehicle unit, plans to expand its robotaxi service to Los Angeles, the third region where it will be offered.
October 19, 2022Kodiak, Ikea Partner on Autonomous Freight Delivery Pilot
Kodiak Robotics Inc. has started piloting autonomous freight deliveries in Texas in cooperation with Ikea Supply Chain Operations, the companies announced Oct. 18.
October 18, 2022California Forms Statewide Alliance to Apply for Federal Hydrogen Grants
California Gov. Gavin Newsom has established a broad statewide alliance to apply for a stake of $7 billion in federal grants earmarked for national hydrogen hubs rather than forming regional partnerships with other governors.
October 17, 2022