A near 50% decline in truck sales, caused by the impact of COVID-19 on the economy, resulted in Lisle, Ill.-based Navistar International Corp. reporting sharp losses in its fiscal third quarter.
September 9, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Walmart Tests Drone Delivery Amid Escalating Competition With Amazon
Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.
September 9, 2020Fortistar, Paloma Dairy Partner on RNG Production to Fuel Trucks
Private investment firm Fortistar and large family-owned Paloma Dairy announced they are constructing a dairy digester facility to capture methane and produce renewable natural gas to fuel the Class 8 market, as well as for a public utility.
September 9, 2020Omnitracs Acquires Onboard Video Firm SmartDrive
Trucking technology supplier Omnitracs has agreed to acquire SmartDrive Systems, one of the transportation industry’s largest providers of onboard cameras and video-based safety systems.
September 9, 2020Great Dane, Aurora Parts & Accessories Form Strategic Partnership
Great Dane and Aurora Parts & Accessories announced a strategic partnership combining Great Dane’s service to the goods mobility industry with Aurora’s aftermarket operational expertise, distribution services and digital platforms.
September 8, 2020The Lion Electric Co. Secures Order From CN for Electric Trucks
The Lion Electric Co. announced a memorandum of understanding for Class I freight railway CN to acquire 50 heavy-duty zero-emission trucks for intermodal use to reduce greenhouse gas emissions.
September 8, 2020Uber Freight Expands Enterprise Shipping Offerings
Uber Freight launched two new software solutions aimed at expanding its enterprise shipper offerings, the company announced Sept. 8.
September 8, 2020House Panel Considers Rural Energy Aid Bill
Legislation meant to assist rural electric cooperatives was scheduled for consideration by the U.S. House Energy and Commerce Committee on Sept. 9.
September 8, 2020Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission
Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.
September 8, 2020Peterbilt Offers Lease Deal on New 220EV
Peterbilt Motors Co. announced an introductory lease offer on its Model 220EV through PacLease. The zero-emission cabover truck is intended for the Class 6 and Class 7 segments.
September 8, 2020