Daimler Truck reported it is on schedule to be listed as a public company on the Frankfurt Stock Exchange by the end of this year, and remains committed to replacing internal combustion engines globally with battery-electric and fuel cell electric powertrains and related software.
May 20, 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.
Ford’s High-Stakes Electric F-150 Will Start Under $40,000
Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.
May 20, 2021Kodiak Robotics Expands Autonomous Truck Operations in Texas
SAN ANTONIO — Autonomous truck developer Kodiak Robotics this summer is expanding its routes, adding a Dallas-to-San Antonio run.
May 20, 2021Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.
May 19, 2021States Mobilize to Repair I-40 Bridge, but Closure Likely to Remain for Months
The ongoing Interstate 40 bridge closure is a costly interruption for the trucking industry that will likely stretch on for months.
May 19, 2021Hyliion Q1 Results Lack Revenue, but Product Development Accelerates
Electrified powertrain company Hyliion reported no revenue in the first quarter ended March 31, but mentioned progress with its product development, as it also noted in its first-ever earnings report for the third quarter and again in Q4.
May 19, 2021Phillips Connect Hires Jon Morrison as Executive Consultant
Smart-trailer product developer Phillips Connect announced that former Wabco Americas president Jon Morrison will serve as a strategic executive to the company as it looks to increase its market share in trailer connectivity and support a future with autonomous vehicles.
May 19, 2021Convoy Launches Backup, Spot Services for Drop-and-Hook
Convoy launched an automated drop-and-hook service for backup and spot freight to give shippers added flexibility for unexpected demand surges, the digital freight network announced May 19.
May 19, 2021Biden Considering Point-of-Sale Rebates for Electric Car Buyers
The Biden administration wants to give consumers rebates for purchasing electric vehicles to help the U.S. compete against China in manufacturing the next generation of automobiles, White House climate adviser Gina McCarthy said.
May 19, 2021China Bill to Include $52 Billion for U.S. Chip Manufacturing
The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.
May 18, 2021