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Total Sees Oil Demand Peaking Before 2030 in Power Switch

French energy giant TotalEnergies SE expects global oil demand to peak before the end of this decade, as more nations crack down on fossil fuels and promote cleaner power in transport and industry to mitigate global warming.

September 28, 2021

Toyota Banks on Mobility Technology for Future Growth

TOKYO — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.

September 28, 2021

Freight Groups Press Biden Administration on AV Policy

Freight stakeholders are calling on the U.S. Department of Transportation to proceed with implementing a regulatory framework for autonomous vehicle technology.

September 27, 2021

Xos to Use Cox Automotive Mobility for Battery Remanufacturing

Xos Inc., a manufacturer of Classes 5-8 battery-electric commercial vehicles, announced a collaboration with Cox Automotive Mobility to leverage the automotive services provider’s remanufacturing capabilities for Xos battery packs.

September 27, 2021

Prime Partners With Mastery to Implement Cloud-Based TMS

Prime Inc. announced a partnership with Mastery Logistics Systems to implement a cloud-based transportation management system.

September 27, 2021

Vocational Segment Increases Adoption of Advanced Safety System Technology

As the rate of adoption of driver-assist safety technology continues to rise with over-the-road fleets, the vocational truck market — fleets consisting of dump trucks, utility trucks and public transit vehicles — is also experiencing the increase of such industry applications.

September 27, 2021

EV Maker Polestar Valued at $20 Billion in SPAC Deal

Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.

September 27, 2021

Orders for Business Equipment Rise for Sixth Straight Month

Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel economic growth.

September 27, 2021

Apex Capital Launches 24/7 Freight Factoring Service

Apex Capital launched a new service that allows its clients to factor freight invoices during off hours, the company announced Sept. 22.

September 24, 2021