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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Alphabet Unit Leads $1 Billion Investment in Lyft
Alphabet Inc.’s investment arm, CapitalG, led a $1 billion investment in Lyft Inc. that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
October 19, 2017FMCSA Grants UPS Several ELD Exemptions
The Federal Motor Carrier Safety Administration will grant UPS Inc. temporary exemption from parts of the upcoming electronic logging device mandate, according to a document scheduled for publication in the Federal Register on Oct. 20.
October 19, 2017Navistar-GM Partnership Spurs Michigan Trucking Firm to Expand to Ohio, Hire 100
The Navistar-GM partnership in Springfield, Ohio has lead a Michigan trucking company to open a new terminal in Springfield, a move that could lead to a $5.2 million investment and more than 100 jobs over three years.
October 19, 2017How Trump Getting His Way on NAFTA Would Reshape the Auto Sector
Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.
October 18, 2017Alphabet to Pack its Digital City With Autonomous Delivery Vans
Alphabet Inc.’s autonomous vehicle technology will be a big part of its Toronto project to make urban life more Googley.
October 18, 2017Medium-Duty Sales Ride Classes 4-5 to Gains in September
Sales of medium-duty trucks rose 5.8% in September, led by sales of trucks in two of the lightest classes, WardsAuto.com reported.
October 18, 2017Intel Proposes System to Make Self-Driving Cars Blameless
Intel Corp. has developed a system it says ensures that self-driving vehicles can’t cause accidents, an effort to reassure a skeptical public and help speed adoption of driverless cars on the road.
October 18, 2017GM President Dismisses Hype About $30 Billion Self-Driving Tech Spinoff
General Motors Co. shot down speculation that it’ll spin off its business units working on self-driving vehicles and car-sharing, which one analyst has estimated could be worth as much as $30 billion.
October 17, 2017Anheuser-Busch Taps Seattle Trucking Startup Convoy to Transport Beer
Anheuser-Busch has signed a multi-year partnership with Seattle-based trucking startup Convoy to transport beer.
October 17, 2017