Deborah Hersman is leaving her post as National Safety Council CEO to become chief safety officer at Waymo, a self-driving technology development company based in Mountain View, Calif.
November 27, 2018Search
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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.
Alpine SG Acquires E-Courier Software
Alpine SG, a portfolio company of Alpine Investors, has acquired e-Courier Software, which provides last-mile delivery software solutions, according to a Nov. 20 press release. Financial terms were not disclosed.
November 27, 2018Telematics Firm Fleet Complete Gets Investment From Ontario Teachers’ Pension Plan
Fleet Complete, a Toronto-based provider of vehicle telematics and driver management software with operations in North America, Europe and Australia, has received an investment from Ontario Teachers’ Pension Plan.
November 27, 2018Logistics Solutions Provider Pickup Closes $5 Million Funding Round
Pickup, an on-demand last-mile logistics solutions provider, has closed a $5 million funding round, according to a Nov. 13 press release. Funds from the round, led by TDF Ventures and Noro-Moseley Partners, will be used for market expansion, growing the product platform and adding staff in key areas.
November 27, 2018Trump Signals US Is Likely to Proceed With China Tariff Increase
President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal.
November 27, 2018Ryder Buys 900 Commercial Electric Vehicles From Chanje
Ryder System Inc. announced it is buying 900 Class 5 electric vehicles from truck maker Chanje Energy Inc., and that FedEx Corp. will lease the vehicles from Ryder and buy 100 of the same all-electric trucks itself.
November 27, 2018Capitol Agenda for the Week of Nov. 26: One More for the Road
If you don’t travel much, but you were among the millions of Americans who set out to visit loved ones this past Thanksgiving weekend, the traffic nightmare you experienced was indeed an anomaly. But there's hope. Here's a look at the week ahead for trucking on Capitol Hill.
November 26, 2018Fiat Said to Weigh Robotics Unit Sale for Up to $2.3 Billion
Fiat Chrysler Automobiles NV is considering options for its robotics arm, Comau, including a potential sale at a value of 1.5 billion euros to 2 billion euros ($1.7 billion to $2.3 billion), sources familiar with the matter said. The shares rose the most since July.
November 26, 2018GM to Lay Off Nearly 15,000 Workers
DETROIT — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
November 26, 2018Blockbuster Cyber Monday May Not Be Enough to Boost Market
Shoppers will spend an estimated $7.8 billion on Cyber Monday, Nov. 26 — a record — boosting a strong holiday shopping season, and Wall Street likely will shrug it off.
November 26, 2018