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Daimler Equips Mercedes Actros With Automated Steering, Braking

Daimler AG is equipping its flagship Mercedes-Benz truck with technology that can take the wheel in situations ranging from stop-and-go city driving to highway cruising.

September 5, 2018

Gryphon Investors Buys Majority Stake in Transportation Insight

Gryphon Investors has acquired a majority stake in Transportation Insight, a Hickory, N.C.-based logistics consulting and transportation management firm, for an undisclosed amount.

September 5, 2018

Amazon Orders 20,000 Mercedes Vans to Bolster Delivery Program

Daimler AG is emerging as a beneficiary of Amazon.com Inc.’s booming package-delivery needs, with the e-commerce giant ordering 20,000 of the German automaker’s Mercedes-Benz Sprinter vans.

September 5, 2018

Transporeon Group, TIM Consult Plan to Merge

Transporeon Group and TIM Consult GmbH announced plans to merge in an effort to provide a broader portfolio of logistics consulting and procurement services for shippers.

September 5, 2018

Descartes Acquires PinPoint GPS Solutions

Descartes Systems Group has acquired PinPoint GPS Solutions Inc., a provider of fleet-tracking and mobile workforce management services based in Mississauga, Ontario, for cash and stock valued at C$15 million.

September 5, 2018

Cargomatic Gets $35 Million in New Funding

Cargomatic has secured $35 million in additional funding from Warburg Pincus to continue expanding its load-matching business for drayage and shorthaul trucking markets, according to the San Francisco-based firm.

September 5, 2018

DOT IG to Audit FRA Vehicle-Train Collision Data

Citing a persistent increase in the number of vehicle-train collisions at highway-rail grade crossings in recent years, the Department of Transportation Office of Inspector General has informed the Federal Railroad Administration that it is conducting an audit of the agency’s incident data.

September 5, 2018

Fiat Chrysler Spends $30 Million on Self-Driving Test Site Near Detroit

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.

September 5, 2018

Tesla’s RoboTaxi Worth a Fraction of Waymo, Morgan Stanley Says

Tesla has let more than a few investors down of late, and one part of the company hasn’t quite lived up to expectations at Morgan Stanley either.

September 4, 2018