Volkswagen AG set plans to list its heavy-truck division Traton SE in Frankfurt, Germany, and Stockholm, moving forward with one of the year’s largest European public offerings despite a wobbly stock market and a swirling trade war between China and the United States.
June 4, 2019Business, Technology, Equipment
VW Advances Truck Unit IPO Despite Shaky Stock Market, Trade Woes
Government, Business, Technology
Congress Opens Bipartisan Probe of Competition in Tech Industry
The House Judiciary Committee is joining the rush to investigate big technology companies, with a focus on whether increased concentration in the industry is crowding out competition and hurting consumers.
June 4, 2019Business, Technology, Equipment, Logistics, Autonomous, Top 100
Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit
Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.
June 4, 2019Business, Technology, Perspective
Perspective: Best Practices for Fleets’ Contract Security
Contract security breaches can result in severe and high-profile consequences for a business, especially in today’s hyper-connected world. What are some best practices fleets can implement to increase contract security?
June 3, 2019Business, Technology, Logistics
Tesla’s Secret Source of Cash Unmasked as GM and Fiat Chrysler
General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they reached agreements to buy federal greenhouse gas credits from Tesla.
June 3, 2019Business, Technology, Logistics
Blackstone Bets $18.7 Billion on Amazon Effect in Warehouse Deal
The mall is now a warehouse, and Blackstone Group is betting $18.7 billion on the shift. That’s how much the alternative investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon and other retailers to fulfill orders from online shoppers.
June 3, 2019Business, Technology, Equipment, Safety
Bendix Reaches Wingman Milestone
Bendix Commercial Vehicle Systems has reached a 10-year milestone in collision-mitigation technology since the production of its Bendix Wingman ACB — Active Cruise with Braking in 2009.
June 3, 2019Business, Technology
Pitstop Raises $1.5 Million, Partners With Continental
Pitstop, a Toronto prognostics platform for predicting vehicle failures, has received $1.5 million in seed financing, led by Toronto-based venture capital fund Ripple Venture, according to a news release.
May 31, 2019Business, Technology
FourKites Expands Real-Time Freight Visibility
FourKites is offering real-time visibility across its network, including freight it does not manage, according to a news release by the supply chain company.
May 31, 2019Business, Technology, Logistics
Tesla Starts Accepting Orders for Lower-Priced Model 3s Made in China
Tesla Inc. started taking orders for Model 3 cars to be made in China, lowering prices for the vehicle as it seeks to double down on a market it expects to drive future growth and revenue.
May 31, 2019