Power management company Eaton Corp. reported higher net income and flat revenue in the first quarter as businesses continue to recover from the pandemic.
May 4, 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.
Eaton Reports Q1 Stronger Than Expected
Tesla Told to Provide Documents Involving Musk Compensation
DOVER, Del. — A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that could net Musk more than $50 billion.
May 4, 2021Cummins Posts Higher Revenue, Income in Q1
Cummins Inc. reported first-quarter net income and revenue soared with recoveries in the North American truck and global construction markets.
May 4, 2021Matthias Jurytko to Head Daimler Truck AG-Volvo Fuel Cell Venture
Daimler Truck AG and Volvo appointed Matthias Jurytko as CEO of cellcentric, their new fuel cell development 50-50 joint venture. He is scheduled to assume the post June 1.
May 4, 2021Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.
May 4, 2021Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery
Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.
May 4, 2021Velociti Opens Technology Innovation Lab
Velociti is aiming to help enterprise businesses develop technology innovations with the opening of Velociti Innovation Lab, the company announced April 28.
May 3, 2021Ford Boosts Investment in Solid-State Battery Maker
Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
May 3, 2021Engine Oil Suppliers Target Sustainability Amid Broader Push to Reduce Emissions
As the trucking industry explores zero-emission technologies such as battery-Âelectric and hydrogen fuel cell vehicles, heavy-duty engine oil suppliers are applying less conspicuous methods of curbing airborne particulate matter and carbon emissions.
May 3, 2021Kroger Joins Drone Delivery Race With Pilot From Ohio Store
Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.
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