ZF Friedrichshafen AG announced it is investing $200 million in commercial vehicle transmission manufacturing in North America.
February 9, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Aurora Partners With Toyota in Bid to Bring Autonomy to Masses
Aurora Innovation Inc., a Silicon Valley-based autonomous-driving startup with at least a $10 billion valuation, has agreed to a long-term strategic partnership with Toyota Motor Corp. and its supplier Denso Corp. that aims to mass produce autonomous vehicles and launch them on ride-hailing networks, including Uber’s, over the next few years.
February 9, 2021Uptake Expands Beyond Trial With PepsiCo
Uptake Technologies Inc. announced that the U.S. beverage and Frito-Lay divisions of PepsiCo have begun using its predictive maintenance software beyond the four-month trial period.
February 9, 2021DTNA Announces Detroit Brand ePowertrain
Daimler Trucks North America announced its proprietary Detroit ePowertrain for the upcoming Freightliner eCascadia and Freightliner eM2 models, and plans a $20 million investment in its Detroit brand manufacturing facility that will serve as the North American source of Detroit ePowertrain components.
February 9, 2021Hyzon SPAC Merger Includes $400 Million Investment
Fuel cell truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion.
February 9, 2021Bitcoin Surges to Almost $45,000 After Tesla Discloses Purchase
Bitcoin surged to an all-time high after Tesla Inc. said it has invested $1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company.
February 8, 2021Increase in Online Shopping Spurs Innovation for Shipping Packaging
Effective shipment packaging relies as much on science and engineering as it does diligence and common sense. Matching the right box for the product and properly securing palletized shipments is crucial in the physically challenging environment of a less-than-truckload or parcel network.
February 8, 2021Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
February 8, 2021Fuel Cell Truck Startup Hyzon Agrees to Merge With Decarbonization Plus SPAC
Hyzon Motors Inc., a fuel cell truck startup, has agreed to go public via a merger with Decarbonization Plus Acquisition Corp., according to people with knowledge of the matter.
February 5, 2021Ford to Cut Back F-150 Production Due to Chip Shortage
CHARLOTTE, N.C. — Ford Motor Co. said Feb. 4 that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage that also has impacted other automakers.
February 5, 2021