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Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

XPO Logistics truck XPO Logistics

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

Jerry Hirsch | Contributing Writer
July 29, 2021
Business, Technology, Equipment, Autonomous

How Drones Help Workers Inspect Wind Turbines

Wind Power Wind turbines at a wind farm. (Timothy Fadek/Bloomberg News)

Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines.

Saijel Kishan | Bloomberg News 
July 28, 2021
Business, Technology, Autonomous, TCA

Mobileye First to Test Self-Driving Vehicles in New York City

Mobileye's autonomous vehicle passes a New York City landmark, Radio City Music Hall A Mobileye self-driving vehicle passes a New York City landmark, Radio City Music Hall. (Mobileye an Intel Company/YouTube)

Mobileye, an autonomous vehicle company owned by Intel, announced that it has been testing its driverless cars on New York City streets since June, making it the first and only company thus far to receive a New York AV testing permit.

Erik Bascome | Staten Island Advance, N.Y.
July 26, 2021
Business, Technology, Autonomous

GM Sues Ford in Fight Over Branding of Self-Driving Cars

Cruise Origin shuttle logo A logo of the GM Cruise Origin electric driverless shuttle is displayed on the vehicle's door. (David Paul Morris/Bloomberg)

General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.

Gabrielle Coppola | Bloomberg News
July 26, 2021
Business, Technology, Autonomous

Magna Acquires Driver-Assist Supplier Veoneer

Magna International Inc. signage Magna International Inc. signage outside the company's Polycon Industries auto parts manufacturing facility in Guelph, Ontario. (Cole Burston/Bloomberg News)

Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers.

July 23, 2021
Business, Technology, Equipment, Autonomous

Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push

Toyota The Suzuki Motor Corp. logo on the steering wheel of the Solio Bandit vehicle. (Akio Kon/Bloomberg News)

Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.

Reed Stevenson | Bloomberg News
July 21, 2021
Business, Technology, Equipment, Autonomous

Ford, Lyft and Argo Team Up to Deploy Robo-Taxis

Ford An Argo AI autonomous Ford Fusion drives in Pittsburgh in 2018. (Justin Merriman/Bloomberg News)

Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.

Keith Naughton | Bloomberg News
July 21, 2021
Government, Business, Technology, Equipment, Autonomous

DOT Officials Offer Overview of Automated Vehicle Testing

TRB Steven Cliff, acting administrator of NHTSA, speaks at the virtual event. (Transportation Research Board)

Commercial trucking operations are included in the slew of connected and automated vehicle testing activities the federal government is currently pursuing.

Eleanor Lamb | Staff Reporter
July 16, 2021
Business, Technology, Autonomous

Self-Driving Startup Aurora Set to Go Public

Aurora CEO Chris Urmson stands with the company's autonomous truck. (Aurora)

Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology Partners Y, a blank-check firm led by executives including LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus.

Gillian Tan and Katie Roof | Bloomberg News
July 15, 2021
Business, Technology, Autonomous

Toyota Tech Arm Plans Self-Driving Acquisition Spree

Toyota Motor Corp. e-Palette vehicles at the Olympic village in Tokyo Toyota Motor Corp. e-Palette vehicles at the Olympic village in Tokyo. (Kiyoshi Ota/Bloomberg News)

Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.

July 14, 2021