As the pandemic prompts people to shop from their homes and rely on contactless delivery services, gaining public trust in automated vehicle technology remains essential, experts said.
September 11, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
US Stocks Resume Sell-off With Tech Battered Anew
A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.
September 10, 2020Nikola Disputes Charges of Deception
Nikola Corp. shares fell as much as 13% after Hindenburg Research published a report accusing the startup electric-vehicle maker of “deception” and lying about its technology.
September 10, 2020VW’s Traton Boosts Bid for Navistar to $3.6 Billion
Navistar International Corp. confirmed that Volkswagen AG’s heavy-truck business boosted its bid to buy the rest of the U.S. manufacturer for $3.6 billion.
September 10, 2020Navistar Reports Drop in Fiscal Q3 Earnings
A near 50% decline in truck sales, caused by the impact of COVID-19 on the economy, resulted in Lisle, Ill.-based Navistar International Corp. reporting sharp losses in its fiscal third quarter.
September 9, 2020Walmart Tests Drone Delivery Amid Escalating Competition With Amazon
Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.
September 9, 2020Fortistar, Paloma Dairy Partner on RNG Production to Fuel Trucks
Private investment firm Fortistar and large family-owned Paloma Dairy announced they are constructing a dairy digester facility to capture methane and produce renewable natural gas to fuel the Class 8 market, as well as for a public utility.
September 9, 2020Omnitracs Acquires Onboard Video Firm SmartDrive
Trucking technology supplier Omnitracs has agreed to acquire SmartDrive Systems, one of the transportation industry’s largest providers of onboard cameras and video-based safety systems.
September 9, 2020Great Dane, Aurora Parts & Accessories Form Strategic Partnership
Great Dane and Aurora Parts & Accessories announced a strategic partnership combining Great Dane’s service to the goods mobility industry with Aurora’s aftermarket operational expertise, distribution services and digital platforms.
September 8, 2020The Lion Electric Co. Secures Order From CN for Electric Trucks
The Lion Electric Co. announced a memorandum of understanding for Class I freight railway CN to acquire 50 heavy-duty zero-emission trucks for intermodal use to reduce greenhouse gas emissions.
September 8, 2020