Einride, the Swedish provider of an autonomous, all-electric transport vehicle, announced $25 million in Series A funding to assist in expanding to the United States, among other goals.
October 21, 2019Business, Technology, Fuel, Autonomous
Einride Adds Investors, Eyes US Market
Government, Business, Technology
Trump Says China Signals Trade Talks on Target for November Deal
President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile.
October 21, 2019Government, Business, Technology
Infrastructure Advocacy Caucus Gives Voice to the Future
With the launch of the Future of Transportation Caucus, some members of Congress hope to shift the focus of transportation debates from funding to policy. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
October 21, 2019Business, Technology, Autonomous
FedEx Completes First Commercial Drone Delivery
FedEx officials said the company’s test drone program completed the first U.S. residential delivery of commercial goods, a scheduled trip to a home in Christiansburg, Va., on Oct. 18.
October 21, 2019Business, Technology
Global Container Terminals Joins TradeLens Blockchain Platform
Global Container Terminals Inc., a North American container terminal operator, has joined the TradeLens supply chain platform, which uses blockchain technology, according to an Oct. 17 news release.
October 21, 2019Business, Technology, Logistics, Top 50
GlobalTranz Acquires Global Freight Solutions
Logistics company GlobalTranz Enterprises Inc. announced the acquisition of Chicago-based Global Freight Solutions, a freight brokerage and logistics company.
October 18, 2019Business, Technology, Fuel, Logistics, Autonomous, Top 100
Dependable Supply Chain Services Adds Two Orange EV Tractors to Increase Sustainability
ONTARIO, Calif. — Dependable Supply Chain Services has deployed two electric terminal trucks from Orange EV at its facility here.
October 18, 2019Government, Business, Technology
China’s Economic Slowdown Deepens, Weighing on Global Growth
BEIJING — China’s economic growth sank to a new multidecade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy.
October 18, 2019Business, Technology
Transfix Launches Two Load Options for Carriers
Digital freight-broker Transfix announced two updates to its platform: My Lanes, a product that recommends freight based on carrier preferences; and Reserved Loads, which it referred to as the industry’s first exclusive-access freight program for “exceptional” carriers.
October 18, 2019Business, Technology, Equipment, Autonomous
Volvo Reports Modest Gains in Q3 Net Income, Revenue
Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.
October 18, 2019