Trimble announced it has agreed to acquire Transporeon, a cloud-based transportation management software platform focused on connected supply chain infrastructure, in an all-cash transaction valued at $2 billion.
December 15, 2022Search
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November Classes 4-7 Sales Dip 2.5%, Second-Least in 2022
November U.S. retail sales of Classes 4-7 trucks overall fell 2.5%. It was the second-smallest decline this year, which so far has posted only one positive month compared with a year earlier, Wards Intelligence reported.
December 14, 2022NACFE Study Shows Flat Fuel Economy for Class 8 Vehicles Surveyed
The North American Council for Freight Efficiency said fuel efficiency in Class 8 trucks participating in its annual fleet study from 2018 to 2020 remained flat at 7.24 mpg after seven previous years of 2% annual increases.
December 14, 2022Volvo Autonomous Solutions, Uber Freight Announce Partnership
Volvo Autonomous Solutions and freight broker Uber Freight announced a long-term strategic partnership to deploy Volvo’s autonomous transport network within Uber Freight’s marketplace.
December 14, 2022November Class 8 Sales Second-Highest of 2022
Class 8 U.S. retail sales in November were the second-highest this year and continued the trend since May of monthly gains compared with a year earlier, Wards Intelligence reported.
December 13, 2022Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further
Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk’s priorities.
December 13, 2022Federal Energy Grants to Spur DC Fast-Charging Development
High-speed charging for electric vehicles could be on its way to becoming a mainstream convenience, available at grocery stores, apartment buildings and other locations many people frequent.
December 13, 2022How Mobil Delvacâ„¢ helped a Texas Transportation Company
See how the Mobil Delvacâ„¢ team created a lubrication strategy for a Texas-based transportation company that extended oil drain intervals, provided enhanced engine protection, saved more than 500 labor hours for their team, and reduced their costs by over $700,000 per year.
December 1, 2022Einride Secures an Additional $500 Million in Funding
Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility.
December 13, 2022Ontario Firm Vision Truck Group Achieves EV Certification From VTNA
Vision Truck Group is the first certified electric vehicle dealer in the greater Toronto area for truck makers Volvo Trucks North America and Mack Trucks. Both are units of Volvo Group.
December 12, 2022