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Warehouse Tech Startup Stord Receives $12.4 Million Investment

Stord Inc., an Atlanta-based startup that offers a technology platform for warehouse operators to market unused space, has received $12.4 million in funding from a group of investors that includes Tom Noonan and Chris Klaus, Dynamo, Rise of the Rest Fund and Engage Ventures.

April 11, 2019

Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate

A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.

April 10, 2019

Digital Dashboard Cameras Gaining Truckers' Acceptance

As digital technology in trucking grows, so, too, do the ways it can be combined.

April 10, 2019

Ford CEO Jim Hackett Tamps Down Expectations for First Autonomous Vehicles

Too much hype has built up about how soon self-driving cars will hit the road, but they will ultimately change the world, Ford Motor Co.’s CEO Jim Hackett said.

April 9, 2019

Volvo Exploring Closer Ties With Shareholder Geely in China

Volvo AB is exploring closer ties with Zhejiang Geely Holding Group Co. in China, in a sign the Swedish truckmaker and its largest investor are taking steps to collaborate.

April 9, 2019

Trailers of the Future Will Be Smarter, Lighter, More Aerodynamic

Dry van and refrigerated trailers will evolve over the next 10 years to become more connected, lighter, more durable and more aerodynamic than today’s equipment, executives at major trailer manufacturers said.

April 8, 2019

XPO Logistics to Launch Enhanced Last-Mile Capabilities Online

XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.

April 4, 2019

Carmakers Sell More to Rental Companies as Retail Demand Weakens

Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

April 4, 2019

Tesla Plunges as Delivery Drop Deepens Demand Concerns

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

April 4, 2019