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Business, Technology

Dana Acquires Pi Innovo to Add to Electrification Business

Dana logo Dana's logo at an industry show. (John Sommers II for Transport Topics)

Dana Inc. announced it acquired Pi Innovo, expanding on its earlier noncontrolling interest in the company.

March 1, 2021
Business, Technology, Equipment, Safety

Fleets Use Risk Management Strategies That Emphasize Training, Technology

Driver in cab Fleets are mitigating risk through driver training and coaching programs. (Lytx Inc.)

In an era of nuclear verdicts, fleets are finding it essential to maintain an effective risk management strategy to help protect the safety of their employees and the motoring public while also shielding their businesses from liability.

Hilary Daninhirsch | Special to Transport Topics
March 1, 2021
Business, Technology

Chinese Trucking Startup Files Confidentially for US IPO

China’s Uber-like startup Full Truck Alliance confidentially has filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.

February 26, 2021
Business, Technology, Equipment, Safety

Grote Launches New Headlamps

Grote 90mm headlamps 90mm LED High Beam and Low Beam by Grote Industries

Grote Industries announced its newest forward lighting, the 90mm LED High Beam and Low Beam headlamps and the 90mm Combination High Beam/Low Beam LED headlamp module.

February 26, 2021
Business, Technology, Equipment, Fuel

Dana Taps Byron Foster as Chief Commercial Officer

Dana signage at event John Sommers II for Transport Topics

Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.

February 26, 2021
Business, Technology, Equipment, Fuel

Nikola Falls After Paring Output Goals for Debut Electric Trucks

Nikola A Nikola Tre. (Nikola Corp.)

Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network.

February 26, 2021
Government, Business, Technology, Fuel

Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution

Pete Buttigieg Secretary Buttigieg delivers his address virtually. (Transport Topics)

Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution.

Eleanor Lamb | Staff Reporter
February 25, 2021
Government, Business, Technology, Fuel

Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary

Former Michigan Gov. Jennifer Granholm appears before the Senate Energy and Natural Resources Committee. Former Michigan Gov. Jennifer Granholm appears before the Senate Energy and Natural Resources Committee during a nomination hearing on Jan. 27. (Grame Jennings/Pool via AP)

Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.

Matthew Daly | Associated Press
February 25, 2021
Government, Business, Technology, Fuel

Activists Say USPS Truck Purchase Defies Biden’s EV Order

USPS mail trucks arrive on a tow truck to a post office in California in August 2020. (Patrick T. Fallon/Bloomberg News) USPS mail trucks arrive on a tow truck to a post office in California in August 2020. (Patrick T. Fallon/Bloomberg News)

The U.S. Postal Service currently plans for only 10% of its new truck fleet to be electric, Postmaster General Louis DeJoy said Feb. 24, angering environmentalists who say the move flies in the face of a White House executive order to electrify the government’s vehicles.

February 25, 2021
Business, Technology, Fuel

Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year

A Daimler AG Freightliner Cascade Evolution concept autonomous truck stands on display. (Krisztian Bocsi/Bloomberg News) A Daimler Freightliner Cascade Evolution concept autonomous truck stands on display at a trade fair in Germany in 2016. (Krisztian Bocsi/Bloomberg News)

Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.

Christoph Rauwald | Bloomberg News
February 25, 2021

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