Self-driving truck technology developer Plus announced it entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V, a publicly traded special purpose acquisition company.
May 10, 2021Transportation Technology News
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
Driverless Truck Startup Plus to List in $3.3 Billion SPAC Deal
FMCSA Issues Emergency Declaration to June 8 Due to Pipeline Cyberattack
The Federal Motor Carrier Safety Administration is providing emergency relief from hours-of-service regulations to motor carriers and drivers assisting operations linked to refined petroleum supply chains in the East Coast in the wake of a cyberattack against Colonial Pipeline.
May 9, 2021Colonial Pipelines Silence Has Energy Traders Nervous
Traders and shippers are increasingly nervous about the possibility of a shortage of fuel in the eastern U.S. two days after the shutdown of a major pipeline following a cyberattack.
May 9, 2021Experts Say Cyberattack on Pipeline Is a Wake-Up Call
NEW YORK The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day May 9, with the Biden administration saying an all-hands-on-deck effort is underway to restore operations and avoid disruptions in gasoline supply.
May 9, 2021Lion to Locate Largest EV Plant in Illinois
The Lion Electric Co., a manufacturer of all-electric medium- and heavy-duty urban vehicles, announced it selected Joliet, Ill., for the construction of its U.S. manufacturing facility, with building to ramp up in the second half of this year.
May 7, 2021Tesla Engineer Says Musk Overstated Tesla Autopilot Capability
One of Tesla Inc.s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the companys driver-assistance system, early this year.
May 7, 2021Nikola Misses Estimates, Details Additional SEC Inquiry
Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.
May 7, 2021Electric Truck Startup Einride Raises $110 Million
Swedish electric-truck startup Einride AB has raised $110 million from investors, including the venture capital arm of the worlds largest shipping company, A.P. Moller-Maersk A/S, to expand its logistics business in Europe and in the U.S.
May 7, 2021Biden Pushes for His Infrastructure Plan in GOP Stronghold
With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan and yet express a willingness to compromise on the corporate tax hikes hes recommending to pay the cost.
May 6, 2021House Democrats Support Electric Vehicle Policies, Rep. Pallone Says
House Democrats are aiming to advance legislation pertaining to electric vehicles as the White House and congressional leaders debate infrastructure policy measures this year.
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