Elon Musk Looks Isolated as Automakers Embrace Lidar
Elon Musk is skeptical of putting lidar sensors on vehicles, but a growing number of his competitors are quietly adding the technology to their lineup.
February 8, 2022Best Trucking Accounting Software 2024
If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.
Biden to Announce EV Charger Plant Will Be Built in Tennessee
President Joe Biden and Tritium DCFC Ltd. CEO Jane Hunter will announce Feb. 8 that the Australian electric-vehicle charging company plans to build its first U.S. manufacturing facility in Tennessee.
February 8, 2022Eaton Reports Increases in Net Income, Revenue
Power management company Eaton Corp. reported higher net income and modest revenue gains in the fourth quarter, noting that revenue in its vehicle segment dipped but inched up in eMobility — its two smallest segments.
February 7, 2022Meritor Reports Higher Income, Revenue in FY Q1
Meritor Inc. reported quarterly net income nearly doubled and revenue climbed by about 11%, and cited a rising truck market in multiple regions compared with a year earlier.
February 7, 2022GXO Unveils Custom-Sizing Packaging Machine
GXO Logistics has completed the installation of an automated packaging solution that fits boxes to their contents, the company announced Feb. 2.
February 7, 2022Mandates, E-Commerce and Congestion Complicate Truck Parking Issues
Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.
February 7, 2022USPS Says It Could Buy More EVs If Congress Funded It
The U.S. Postal Service said it could buy more electric vehicles if more funding were available, after Biden administration criticism of the agency’s plan to replace its fleet mainly with gas-powered delivery trucks.
February 7, 2022Toshiba to Split, Sell Stake in Carrier
TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).
February 7, 2022TrueNorth CEO Smith Hands President Title to Tillman
TrueNorth President and CEO Jason Smith has handed off the title of president to Trent Tillman, executive vice president of TrueNorth’s transportation division. Tillman will assume the role while retaining his current responsibilities.
February 4, 2022House Passes Bill Promoting Semiconductor Development
The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.
February 4, 2022