Digital freight broker Convoy announced it will pay the trucking costs for any food-producing business in the U.S. wanting to donate a truckload of product to a local food bank.
April 17, 2020Search
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Uber Withdraws Forecast, Will Write Down About $2 Billion
Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in investments after the coronavirus pandemic upended the ride-hailing business.
April 17, 2020Autonomous-Driving Startup Pony.ai Takes on Last-Mile Delivery
With autonomous-vehicle companies parked by COVID-19, Pony .ai has teamed up with Los Angeles-based e-commerce site Yamibuy to deliver packages and groceries in the city of Irvine, Calif.
April 17, 2020J.B. Hunt Reports Mixed Results for Q1
Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.
April 16, 2020Fuel Cell Experts Argue for Cleaner Commercial Trucks
The trucking industry needs to continue adopting electric technologies such as fuel cells in order to combat pollution, experts said April 14.
April 16, 2020Electric Vehicles Buoyed by Backlog — and Fresh Air
As COVID-19 crunches car sales globally, a backlog of orders has helped electric vehicles maintain momentum in much of the world — better than gas-powered cars and trucks.
April 16, 2020Goldman Sachs: Buy Tesla and Stocks With Electric-Car Exposure
The significant pullback in U.S. auto stocks creates an opportunity for investors to own long-term growth names including Tesla Inc. and other companies exposed to electric vehicles, Goldman Sachs said.
April 15, 2020Medium-Duty Sales Lose Ground in March
U.S. retail sales of medium-duty trucks overall dropped nearly 20% in March as only Class 7 posted a gain compared with a year earlier, WardsAuto .com reported.
April 14, 2020Renault to Close Main China Business, Will Focus on Electrics
BEIJING — Renault SA said April 14 it will shut down its main China business and focus on electric and commercial vehicles.
April 14, 2020Goodyear Offers ‘Zero Contact’ Customer Service, Announces Convoy Collaboration
People who go to a Goodyear Auto Service store for such things as an oil change or new tires have a new “zero contact” option that limits face-to-face interactions during the COVID-19 coronavirus outbreak.
April 14, 2020