Self-driving technology companies are the latest automotive stocks to become an obsession of retail traders, with firms like Aurora Innovation Inc. surging Nov. 19 on high volume.
November 19, 2021Search
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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.
Fullbay Names Patrick McKittrick CEO
Software company Fullbay, which is focused on improving the operational efficiency of heavy-duty repair shops, named Patrick McKittrick as CEO.
November 19, 2021Merchants Fleet Expands Order of BrightDrop EVs
DETROIT — BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.
November 19, 2021US House Debates $1.75 Trillion Climate, Social Infrastructure Bill
A nearly $2 trillion bill representing key elements of President Joe Biden’s climate and social infrastructure agenda is under consideration before the U.S. House of Representatives.
November 18, 2021Irish Firm AMCS Acquires Dossier Systems
AMCS has acquired Philadelphia-based fleet maintenance management software solutions provider Dossier Systems, the Limerick, Ireland-based company announced Nov. 16.
November 18, 2021Electric Vehicles Rank Low in Consumer Reports Reliability Study
Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second-to-last for the second straight year. Only Ford Motor Co.’s Lincoln division was worse, the publisher said Nov. 18.
November 18, 2021Ford Explores Buying Chips Direct to Offset Shortage
Ford Motor Co., responding to a global semiconductor shortage that has crimped profits and production, will explore buying chips directly from GlobalFoundries Inc.
November 18, 2021ATA Presses Congress on Workforce Development Amid Supply Chain Woes
Policies aimed at boosting the trucking industry’s workforce would play a major role in addressing supply chain woes around the country, the leader of American Trucking Associations told the U.S. House of Representatives’ transportation panel Nov. 17.
November 17, 2021Meritor Notches Higher Q4 Net Income, Revenue
Meritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production.
November 17, 2021UPS Expands Waymo Partnership to Include Autonomous Class 8 Trucks
Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.
November 17, 2021