Daimler Acquires Majority Stake in Torc Robotics to Boost Development of Self-Driving Trucks
Daimler Trucks has agreed to acquire a majority stake in autonomous vehicle pioneer Torc Robotics and will join forces with the technology firm to develop highly automated trucks for the U.S. market.
March 29, 2019TT Podcasts: RoadSigns
Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.
Smart, the Tiny Daimler Car That Refuses to Die, Heads to China
Since its introduction two decades ago, the diminutive Smart has sat awkwardly alongside the imposing, autobahn-eating cars that have made Daimler AG the king of the road.
March 28, 2019ZF Signs Definitive Agreement to Acquire Wabco
ZF Friedrichshafen AG, a global supplier of mobility systems for commercial vehicles, passenger cars and industrial technology, announced it has entered into a definitive agreement to acquire Wabco Holdings Inc. for $7.1 billion, or $136.50 per share.
March 28, 2019I.D. Systems Acquires Pointer Telocation for $140 Million
I.D. Systems Inc., a New Jersey-based tracking technology company, has acquired Pointer Telocation Ltd., an Israeli provider of telematics and mobile internet of things services, in a $140 million deal, the companies report.
March 27, 2019DTNA Opens Detroit Connect to Third-Party Providers
Daimler Trucks North America announced it has opened its proprietary Detroit Connect platform to third-party telematics service providers.
March 26, 2019UPS, Startup Begin First Regular Drone Deliveries in US
UPS Inc. and a startup drone partner began the first continuing commercial drone deliveries in the United States, making a short flight carrying a medical sample between North Carolina hospitals March 26.
March 26, 2019New TMC Chairman Kenneth Calhoun Aims to Bolster Technician Recruiting, Training
Advancing the Technology & Maintenance Council’s efforts to address the trucking industry’s technician shortage and enhancing education and training for entry-level workers are among the top priorities for Kenneth Calhoun, the council’s new general chairman and treasurer.
March 21, 2019World’s Most Valuable AI Startup Explores Automated Cars, Global Expansion
SenseTime Group Ltd., the world’s most valuable artificial intelligence startup, plans to sustain growth by expanding globally and diving deeper into arenas from autonomous cars to health care.
March 21, 2019Ford Plans $900 Million Bet on Michigan-Made Autos of Future
Ford Motor Co. plans to spend about $900 million and hire about 900 workers to build electric and self-driving vehicles in Michigan, while moving production of a small commercial van to Mexico from Europe.
March 20, 2019TMC Takes Stock of Latest Developments in Automated Driving, Platooning
ATLANTA — Representatives from self-driving truck startups TuSimple and Embark and truck platooning firm Peloton Technology continued the industry’s conversation about the emergence of automated trucking at American Trucking Associations’ 2019 Technology & Maintenance Council annual meeting.
March 20, 2019