As the rate of adoption of driver-assist safety technology continues to rise with over-the-road fleets, the vocational truck market — fleets consisting of dump trucks, utility trucks and public transit vehicles — is also experiencing the increase of such industry applications.
September 27, 2021Search
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EV Maker Polestar Valued at $20 Billion in SPAC Deal
Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.
September 27, 2021Orders for Business Equipment Rise for Sixth Straight Month
Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel economic growth.
September 27, 2021Apex Capital Launches 24/7 Freight Factoring Service
Apex Capital launched a new service that allows its clients to factor freight invoices during off hours, the company announced Sept. 22.
September 24, 2021Pass the Test and Tesla Owners Might Get Full Self-Driving Beta Access
The wait is almost over for some Tesla Inc. customers to get access to driver-assistance technology the company has marketed in controversial ways — as long as they’re on their best behavior.
September 24, 2021Mercedes-Benz Plans $8.2 Billion European Battery Venture
Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.
September 24, 2021Port of Houston Fended Off Hacking Attempt
The Port of Houston issued a statement Sept. 23 saying it had successfully defended against an attempted hack in August and “no operational data or systems were impacted.â€
September 24, 2021Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil
A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.
September 23, 2021Ryder Partners With Embark to Open Autonomous Truck Transfer Points
Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.
September 23, 2021Western Star Launches 47X Model for Weight-Sensitive Vocational Market
Daimler Trucks North America has introduced the Western Star 47X vocational model, a Class 8 truck intended for lighter-weight applications than the heavier 49X introduced in September 2020.
September 23, 2021