Nauto, a provider of AI-based vehicle safety technology, and Navistar International Corp. announced a distribution agreement to make Nauto’s predictive-AI vehicle camera system available for new fleet vehicle purchases or as an upgrade for existing fleet vehicles throughout International Truck’s network of nearly 1,000 dealers.
February 18, 2022Business, Technology, Safety, Autonomous
Navistar, Nauto Announce Distribution Agreement
Business, Technology, Fuel
Ford CEO Jim Farley Explores Ways to Separate EV Business
Ford Motor Co. is looking at ways to separate its electric vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc. and other pure-play EV makers.
February 18, 2022Business, Technology, Equipment
Lion Electric Launches New Financing Division
Lion Electric Co. announced the launch of LionCapital Solutions, a new division dedicated to providing customers with flexible financing options specifically tailored to the medium- and heavy-duty electric vehicle market.
February 18, 2022Business, Technology, Equipment
Allison Reports Q4 Increases in Net Income, Revenue
Allison Transmission Holdings Inc. reported Q4 net income nearly doubled as diluted earnings per share jumped 117% and revenue in the period climbed 20%.
February 17, 2022Government, Business, Technology, Safety, Autonomous
Tesla Braking Issue Spurs Second NHTSA Probe Related to Autopilot
The National Highway Traffic Safety Administration is investigating complaints of Tesla Inc. cars with Autopilot driver assist that suddenly brake at high speeds, the latest in a string of confrontations between the company and safety regulators.
February 17, 2022Business, Technology, Safety, Autonomous
Aurora Reports 2021 Results, Plans to Expand in 2022
Self-driving transportation company Aurora Innovation Inc. on Feb. 16 announced that its fourth-quarter and full-year losses widened, but also said that its available cash soared in the wake of becoming a public company late last year.
February 17, 2022Government, Business, Technology, Equipment
US Factory Output Rises as Firms Navigate Supply Constraints
Production at U.S. factories rose modestly in January, suggesting manufacturers gradually are working through pandemic-related shortages of materials and labor that hobbled output in the prior month.
February 16, 2022Government, Business, Technology, Equipment, Logistics, TCA
San Francisco Lawmaker Pushes to Delay Amazon’s Expansion
A San Francisco supervisor has introduced legislation that would seek to place an 18-month moratorium on all new parcel delivery services in the city, including Amazon’s proposed 725,000-square foot, last-mile logistics center in Showplace Square.
February 16, 2022Business, Technology, Equipment, Fuel
OPEC+ Must Fix Its Million-Barrel Supply Gap, IEA Says
The International Energy Agency urged OPEC and its allies to address a widening shortfall in their oil production as a volatile market sends crude prices rocketing toward $100 a barrel.
February 16, 2022Business, Technology, Equipment, Logistics, Autonomous, Top 50
Waymo to Haul Freight for C.H. Robinson in Texas Tests
Logistics giant C.H. Robinson is collaborating with Waymo to introduce autonomous trucks into its freight network, starting with multiple pilots in Texas.
February 16, 2022