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Hyliion Makes Gains With Hybrid Electrification

Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.

November 13, 2019

Tesla to Build Factory in Germany After Subsidies Announced

BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.

November 13, 2019

Al Gore’s Fund Leads $400 Million Deal With Convoy

In the four years since it was founded, Convoy Inc. has assembled a lineup of big-name investors that includes Bill Gates, Jeff Bezos and Marc Benioff. It’s adding one more to the list: Al Gore.

November 13, 2019

World Thirst for Oil Keeps Growing, With SUVs a Key Culprit

PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.

November 13, 2019

How 5 Days Can Equal $500,000 or More

Cash is king. So why are you still waiting longer than you should to collect what’s yours? In this webinar, you’ll learn how to bill and collect cash from your customers faster, the hidden value locked in your receivables, and what unlocking that value can do for your business

November 20, 2019

Pemex Faces Payment Problems After Cyberattack Shut Down System

A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.

November 12, 2019

Nauto Unveils AI-Powered Driver-Behavior Learning Platform

Fleet-safety technology company Nauto on Nov. 6 unveiled its first and only in-vehicle, artificial intelligence-powered Driver Behavior Learning Platform, according to a news release.

November 12, 2019

PowerFleet Revenue Jumps 26% in Q3

PowerFleet Inc. reported revenue increased to $16.9 million, a 26% jump from $13.4 million in the third quarter of 2018. The revenue was a record for any quarter, the technology company said.

November 12, 2019

Roadrunner Freight Partners With MyCarrierTMS

Roadrunner Freight, a business unit of Roadrunner Transportation Systems Inc., has partnered with MyCarrierTMS to offer customers a free transportation management system, according to a news release from both companies.

November 12, 2019