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Business, Technology

Cargomatic Gets $35 Million in New Funding

Cargomatic has secured $35 million in additional funding from Warburg Pincus to continue expanding its load-matching business for drayage and shorthaul trucking markets, according to the San Francisco-based firm.

September 5, 2018
Government, Business, Technology, Equipment, Safety

DOT IG to Audit FRA Vehicle-Train Collision Data

Citing a persistent increase in the number of vehicle-train collisions at highway-rail grade crossings in recent years, the Department of Transportation Office of Inspector General has informed the Federal Railroad Administration that it is conducting an audit of the agency鈥檚 incident data.

September 5, 2018
Business, Technology, Autonomous, TCA

Fiat Chrysler Spends $30 Million on Self-Driving Test Site Near Detroit

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.

September 5, 2018
Business, Technology, Equipment, Autonomous

Tesla鈥檚 RoboTaxi Worth a Fraction of Waymo, Morgan Stanley Says

Tesla has let more than a few investors down of late, and one part of the company hasn鈥檛 quite lived up to expectations at Morgan Stanley either.

September 4, 2018
Business, Technology, Fuel, Top 100

Tesla Class 8 Prototype Crosses Country, Stops at Ruan

Officials at transportation service company Ruan got a chance to see Tesla Inc.鈥檚 prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.

September 4, 2018
Government, Business, Technology, Fuel

A Plug-Free Way to Fill the World With Electric Vehicles

Umer Anwer stops on the street near Tesla Inc.鈥檚 Brooklyn showroom and grabs his smartphone. He鈥檚 looking for a spot to charge his electric car, and the Tesla charging plugs won鈥檛 work with the Nissan Leaf he鈥檚 driving. In fact, he would prefer not to bother with a plug at all.

September 4, 2018
Government, Business, Technology, Fuel

黑料吃瓜网 Charging Needed for Electric Vehicles to Gain Traction

The opportunity for easy overnight recharging may be one of the surest routes toward a wider adoption of electric vehicles in the United States.

September 4, 2018
Business, Technology, Equipment

Manac Completes Acquisition of Trailer Maker Alutrec

Manac Inc., Canada鈥檚 largest semi-trailer manufacturer, completed the acquisition of Alutrec Inc., a manufacturer specializing in the design and production of aluminum semi-trailers.

September 4, 2018
Business, Technology

Amazon Becomes Second US Company to Reach $1 Trillion Market Value

NEW YORK 鈥� Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.

September 4, 2018
Business, Technology, Fuel, Autonomous

Tesla鈥檚 Cobalt-Light Batteries Seen Providing Cost Advantage

Tesla Inc.鈥檚 lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.

September 4, 2018