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US Trucking, Logistics Sectors Ready to Mobilize for Vaccine Distribution

For the trucking and logistics industry, the challenges of COVID-19 vaccine distribution are just beginning. Hundreds of millions of doses will need to be shipped around the world and in the United States, and the process is just now getting underway.

December 10, 2020

GMC Sierra Goes Hands-Free

GMC says it will offer its hands-free driver-assistance feature Super Cruise on its Sierra pickup sometime in 2022.

December 9, 2020

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

December 9, 2020

Uber Sells Flying Taxi Division to Joby in Broader Retrenchment

Uber Technologies Inc. is selling off its flying taxi division to Joby Aviation and investing in the startup, marking the second time this week Uber abandoned a side project as it aims to turn a quarterly profit next year.

December 9, 2020

DoorDash’s 86% Jump Adds to Blistering Year for Unicorn IPOs

Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.

December 9, 2020

Tesla Seeks to Raise Another $5 Billion in Stock Offering

Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

December 8, 2020

AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry

Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.

December 8, 2020

VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla

QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3.

December 8, 2020

Tesla’s German Factory Faces New Snag After Court Halts Logging

Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.

December 8, 2020