XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.
April 22, 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.
Convoy Adds Capital to Expand Technologies
Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.
April 22, 2022US Drone Company Zipline Starts Delivering Medicine in Japan
TOKYO — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.
April 21, 2022Navistar Expands Alabama Plant for Powertrain Production
Navistar Inc., a division of Germany-based Traton Group, announced it is positioned to introduce an all-new integrated powertrain to the North American market at its expanded powertrain manufacturing plant in Huntsville, Ala.
April 21, 2022Amazon to Invest $1 Billion in Logistics, Robotics Companies
Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.
April 21, 2022Amazon Targets Shopify With New ‘Buy With Prime’ Service
Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.
April 21, 2022Daimler’s Martin Daum: Autonomous Trucks Will Benefit Industry Without Threatening Jobs
ALBUQUERQUE, N.M. — As autonomous trucks gradually move closer to commercialization, Daimler Truck CEO Martin Daum sees this technology delivering a range of benefits for fleet customers and for society at large.
April 21, 2022Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Thermo King Rolls Out New Trailer Refrigeration Unit
Thermo King introduced the Precedent S-750i trailer refrigeration unit, its latest innovation in transport refrigeration for longhaul and local food distribution — with a diesel-electric architecture optimized for shore power integration.
April 20, 2022Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022