Plus Weighs IPO of Non-China Business
Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a blank-check company.
April 1, 2022Best Trucking Management Software Buyer’s Guide
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
Rising Fuel Costs Slow Spot Rate Descent
The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.
March 31, 2022Congressional Negotiations Ramp Up on Supply Chain, Semiconductor Package
WASHINGTON — Recent passage in the U.S. Senate of comprehensive legislation aimed at boosting domestic manufacturing of semiconductors is helping to set in motion formal negotiations with House lawmakers.
March 31, 2022Aurora Upgrades Autonomous Driving System
Aurora Innovation Inc. is upgrading its self-driving truck technology as it prepares to commercialize its autonomous vehicle technology.
March 31, 2022Congressional Transportation Policymakers Push AV Tech Bill
Two leading proponents in Congress for the establishment of a national regulatory framework for autonomous vehicles recently expressed optimism about the eventual passage of their legislation.
March 30, 2022GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed
GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.
March 30, 2022Waymo to Expand Autonomous Vehicle Rides in San Francisco
Waymo’s self-driving ride-hailing service is branching out to San Francisco, carrying employees in electric Jaguar I-Pace SUVs without human backup drivers.
March 30, 2022Tesla Dodges Nickel Crisis With Secret Deal to Get Supplies
The invasion of Ukraine has added to agita among electric vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia is one of the world’s biggest producers.
March 30, 2022Nikola Announces ENGS to Finance Trucks, Dealer Activities
Nikola Corp. and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles.
March 30, 2022FedEx Partners With Elroy Air to Test Pilotless Package Drone
FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.
March 30, 2022