Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter.
May 6, 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.
VW Raises Full-Year Outlook, Warns of Growing Chip Shortage
XPO Begins Testing Electric Trucks
XPO Logistics is testing a Freightliner eCascadia in Oakland, Calif., the first step in what it expects is a lengthy transition from diesel-powered heavy-duty trucks.
May 5, 2021VTNA Makes Lytx Video Telematics an Option
Volvo Trucks North America announced onboard technology from Lytx is available on all model-year 2022 or newer Volvo trucks as a factory-installed option.
May 5, 2021Uber Bookings Climb 24% on Strong Growth in Delivery
Uber Technologies Inc. reported a 24% increase in gross bookings in the first quarter, driven by continued growth in the delivery business.
May 5, 2021Delays Continue for Potential New FMCSA System to Score Carrier Safety
Nearly four years after it was first introduced, FMCSA has yet to make an official call on whether to incorporate the highly complex data method known as Item Response Theory — or IRT — into its Compliance, Safety, Accountability motor carrier safety rating program.
May 5, 2021Grote Appoints Brian Blanton Chief Financial Officer
Grote Industries announced Brian Blanton has joined the company as chief financial officer.
May 5, 2021Electric Car Startup Lucid Hires Waymo Veteran as Finance Chief
Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.’s Waymo as chief financial officer.
May 5, 2021Stellantis CFO: Chip Shortage Impact Remains ‘Controlled’
MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported May 5 a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.
May 5, 2021GM Profit Surges on Sales of Higher-Margin Pickups
DETROIT — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips.
May 5, 2021Raimondo Calls for Surge in Chip Production
Commerce Secretary Gina Raimondo called for a major increase in U.S. production capacity for computer chips whose current shortages are causing global manufacturing bottlenecks, saying the push could create jobs and wean the nation off over-dependence on China and Taiwan.
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