Technology
VW’s Traton to Build China Truck Factory in Expansion Push
The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. (Mikael Sjoberg/Bloomberg News)
Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.
November 25, 2020Strehl Announces Acquisition of Rocketail
An employee holds the 17-pound Rocketail wing. (Rocketail)
Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.
November 24, 2020Operational Cost of Trucking Down 9.3%, ATRI Finds
(John Sommers II for Transport Topics)
Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.
November 24, 20202021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles
Volvo Trucks North America plans to launch full-scale production of the VNR Electric at its New River Valley manufacturing plant in Dublin, Va., in 2021. (Volvo Trucks)
With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.
November 24, 2020SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion
Akos Stiller/Bloomberg News
Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.
November 24, 2020Economic Outlook Bright for Holidays
CentralITAlliance/Getty Images
Goods are pouring into ports, being delivered by trucks to warehouses and e-commerce locations, and retailers are restocking their shelves as the holiday shopping season gets into full swing. It’s also a major reason why trucking continues to outperform the overall U.S. economy.
November 24, 2020Tesla Hits $500 Billion Mark; Musk Overtakes Gates
Spencer Platt/Getty Images
Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.
November 24, 2020Big Fleets to Work Together on Enhancing Driver Visibility in Cab
A truck driver checks a windshield wiper. Together for Safer Roads President David Braunstein called driver visibility an "underappreciated aspect of road safety." (welcomia/Getty Images)
Anheuser-Busch InBev, PepsiCo Inc., Republic Services and nongovernmental organization Together for Safer Roads announced a design challenge to improve fleet safety and save lives, calling the project the Truck of the Future.
November 23, 2020TruckLabs Introduces New Name, Software Product
TruckWings on display on a truck, before the company changed its name. (Daniel Burrows via YouTube) Inset: The new TruckLabs logo
XStream Trucking Inc. renamed itself TruckLabs and introduced its new fleet management software TripDynamics.
November 23, 2020Gatik’s Self-Driving Delivery Vans Head North to Canada
Gatik's middle-mile autonomous trucks are designed to deliver cargo with almost no human interaction. (Christopher Li/Gatik)
Gatik, a Silicon Valley-based self-driving startup, has begun hauling cargo for Loblaws Inc., Canada’s largest grocer.
November 23, 2020