CLEVELAND The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
April 27, 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.
Unpaid Taxes Another Troubling Sign for Lordstown Motors
Ford to Open Battery Research Lab in Electric Vehicle Push
Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.
April 27, 2021Apples $430 Billion US Investment Includes XPO-Run Facility
XPO Logistics will operate a $100 million state-of-the-art facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
April 27, 2021Rush Reports Q1 Jump in Net Income, Revenue Flat
Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.
April 27, 2021Plus, Cummins Partner on Self-Driving CNG Trucks
Self-driving truck technology company Plus announced a new initiative with engine manufacturer Cummins Inc. to develop what Plus called the industrys first driver-in, supervised autonomous trucks powered by natural gas.
April 27, 2021Auto Group Backs Guidelines for Partially Automated Vehicles
DETROIT The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them.
April 27, 2021Amazon to Pass Walmart in Retail Sales in 2025, Report Says
Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.
April 27, 2021Volume Continues to Surge at UPS to Start the Year
The continued surge of e-commerce deliveries from small and medium-sized businesses, along with the increase in deliveries of the various COVID-19 vaccines and other personal protective equipment, bolstered UPS Inc.s first-quarter financial results.
April 27, 2021Tesla Sticks to Plan to Deliver Semi This Year
Tesla Inc. reported a higher-than-expected seventh consecutive quarter of profit on strong demand for its top-selling Model 3 sedan and announced it will begin deliveries of its Tesla Semi in 2021.
April 26, 2021Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million
Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.
April 26, 2021Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics