Trucker Tools has been acquired by the software-focused investment portfolio company ASG, the companies announced June 22.
June 22, 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.
China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.
June 22, 2021Amazon Might Have to Sell Logistics Business Under Bill
Amazon .com Inc. could be forced to sell its valuable logistics services division — the network of warehouses and delivery hubs around the country that power quick delivery of online orders — under antitrust legislation proposed by a congresswoman from Amazon’s hometown of Seattle, according to a spokesman for the lawmaker.
June 22, 2021Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle
The University of Washington’s Urban Freight Lab, in collaboration with various companies, is piloting a zero-emission hub for last-mile deliveries.
June 21, 2021First Production Model Peterbilt 220EV Goes to Alaska
Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.
June 21, 2021Fleets’ COVID-19 Safety Practices May Linger After Pandemic Ends
The COVID-19 outbreak prompted transportation companies to adopt a battery of safety measures — some of which may remain in place even after the pandemic is over.
June 21, 2021Amazon in Talks to Buy Stake in AI Truck-Driving Startup Plus
Amazon .com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory filing.
June 21, 2021Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021Hyliion Set to Join Russell 3000 Index
Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021Mitchell 1 Adds VMRS Codes to Truck Repair Software
Mitchell 1 announced it added Vehicle Maintenance Reporting Standards codes to its TruckSeries suite of truck repair software solutions that help technicians estimate labor times, and diagnose and repair all makes of trucks in Classes 4-8.
June 18, 2021