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Business, Technology

Barclays: Uber, Lyft ‘Well Positioned’ to Turn a Profit

Uber app The Uber app is seen open on a cellphone in London on Nov. 25, 2019. (Kirsty Wigglesworth/Associated Press)

A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc. When will they turn a profit?

Esha Dey | Bloomberg News
December 10, 2019
Business, Technology, Fuel

NACFE Report Predicts Multiple Fuels Will Give Way to Battery-Electric

NACFE NACFE’s report, “Viable Class 7/8 Electric, Hybrid and Alternative Fuel Tractors,” forecasts commercial battery-electric vehicles and fuel cell trucks will be capable of lower total cost of ownership, compared with baseline diesel trucks, by 2030. (NACFE)

The North American Council for Freight Efficiency forecasts commercial battery-electric vehicles and fuel cell trucks will be capable of lower total cost of ownership, compared with baseline diesel trucks, in the 2030 time frame.

Roger Gilroy | Staff Reporter
December 10, 2019
Business, Technology, Logistics, Perspective

Perspective: New Year, New Logistics Efficiencies

As the year comes to a close, it’s a natural time for companies to look at what worked in 2019 and what didn’t, and make plans for the year ahead. For some companies, taking a hard look at their order fulfillment workflow — and ways it might be streamlined in 2020 — is a New Year’s resolution to consider.

Johannes Panzer | Head of Industry Solutions, E-commerce, Descartes Systems Group
December 10, 2019
Government, Business, Technology, Safety, Autonomous

Tesla on Autopilot Rear-Ends a Parked Cop Car in Connecticut

Tesla Tesla Model X. (Angel Garcia/Bloomberg News)

Another Tesla Inc. vehicle operating on the carmaker’s driver-assistance system branded as Autopilot has crashed into a parked emergency vehicle, eliciting fresh warnings about the shortcomings of automated technology on public roads.

Chester Dawson | Bloomberg News
December 10, 2019
Business, Technology, Autonomous, TCA

Spread the News: Self-Driving Truck Makes Cross-Country Butter Delivery

Self-Driving A Plus.ai truck. (Plus.ai via YouTube)

A Silicon Valley startup has completed what appears to be the first commercial freight cross-country trip by an autonomous truck, which finished a 2,800-mile-run from Tulare, Calif., to Quakertown, Pa., for Land O’Lakes in less than three days. The trip was smooth like butter, 40,000 pounds of it.

Levi Sumagaysay | The Cupertino (Calif.) Courier
December 10, 2019
Business, Technology, Safety, Autonomous

Volvo Group Venture Capital Invests in Apex.AI, Autotech Ventures

Workers install a Volvo engine on an assembly line Workers install a Volvo engine on the assembly line at the Dublin, Va., plant. (Volvo Group Truck Operations)

Volvo Group Venture Capital AB announced it invested in Apex.AI, a startup software company involved in autonomous mobility, to help fund the development of a safety-certified software framework for autonomous systems.

Roger Gilroy | Staff Reporter
December 10, 2019
Business, Technology, Fuel

GM Loans Ohio Plant Buyer $40 Million to Launch Electric Truck

GM A banner depicting the Chevrolet Cruze model vehicle is displayed at the now-shuttered General Motors Lordstown plant. (John Minchillo/Associated Press)

General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.

David Welch | Bloomberg News
December 10, 2019
Government, Business, Technology, Fuel

Germany Edges Out Norway as Europe’s Biggest Electric Car Market

 Renault ZOE model A participant inspects a Renault Zoe model at COP22 village in Marrakech, Morocco, on Nov. 8, 2016. (Mosa'ab Elshamy/Associated Press)

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.

Oliver Sachgau | Bloomberg News
December 9, 2019
Business, Technology, Logistics

Cass Partners With University of Tennessee on Two Indexes

Cass Information Systems Inc. is partnering with the University of Tennessee-Knoxville’s Haslam College of Business to support two Cass transportation indexes, according to a Dec. 2 news release from Cass and UTK.

December 9, 2019
Business, Technology, Equipment

DTNA Adds New Online Configurator Tool

DTNA A Freightliner M2 106 truck at an industry show in Louisville, Ky., on March 25, 2015. (Evan Lockridge for Transport Topics)

Daimler Trucks North America announced a new online configurator tool intended to make spec’ing the Freightliner M2 106 medium-duty truck easier.

December 9, 2019

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