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Business, Technology, Autonomous

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. 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.

Christoph Rauwald | Bloomberg News
November 25, 2020
Business, Technology, Equipment, Fuel

Strehl Announces Acquisition of Rocketail

An employee holds the 17-pound Rocketail wing. (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, 2020
Government, Business, Technology, Equipment, Safety, Fuel

Operational Cost of Trucking Down 9.3%, ATRI Finds

Trucks (John Sommers II for Transport Topics)

Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.

Eleanor Lamb | Staff Reporter
November 24, 2020
Business, Technology, Equipment, Fuel, Logistics

2021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles

VTNA VNR electric truck 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.

Jerry Hirsch | Contributing Writer
November 24, 2020
Business, Technology, Logistics

SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion

China's Full Truck Alliance has raised $1.7 billion from investors ahead of a potential IPO. 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.

Lulu Yilun Chen | Bloomberg News
November 24, 2020
Government, Business, Technology, Safety, Logistics

Economic Outlook Bright for Holidays

Economy 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.

Dan Ronan | Associate News Editor
November 24, 2020
Business, Technology, Autonomous

Tesla Hits $500 Billion Mark; Musk Overtakes Gates

Tesla vehicles are displayed in a showroom in Manhattan in April 2019. 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.

Esha Dey | Bloomberg News
November 24, 2020
Business, Technology, Equipment, Safety, Top 100

Big Fleets to Work Together on Enhancing Driver Visibility in Cab

Truck driver checks windshield wiper 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.

Roger Gilroy | Senior Reporter
November 23, 2020
Business, Technology, Equipment

TruckLabs Introduces New Name, Software Product

TruckWings 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.

Roger Gilroy | Senior Reporter
November 23, 2020
Business, Technology, Autonomous

Gatik’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. 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.

Kyle Stock | Bloomberg News
November 23, 2020

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