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Business, Technology, Autonomous

Lidar Startup Aeva Adds $200 Million to SPAC Deal

A Lidar sensor is seen on top of a Byton K-Byte electric sedan during AutoMobility LA in November 2018. A Lidar sensor is seen on top of a Byton K-Byte electric sedan during AutoMobility LA in November 2018. (Patrick T. Fallon/Bloomberg News)

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.

Gabrielle Coppola | Bloomberg News
January 4, 2021
Government, Business, Technology, Safety, Fuel

Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021

Pete Buttigieg Pete Buttigieg is Biden's pick to lead the U.S. Department of Transportation. (Kevin Lamarque/Pool via Associated Press)

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.

Eleanor Lamb | Staff Reporter
December 29, 2020
Government, Business, Technology, Logistics, Autonomous

Nuro Acquires Ike, Gets Approval for Autonomous Deliveries in California

A Nuro delivery vehicle completes training routes in Texas in November 2019. A Nuro delivery vehicle completes training routes in Texas in November 2019. (Annie Mulligan for the Washington Post/Getty Images)

Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.

Eleanor Lamb | Staff Reporter
December 28, 2020
Business, Technology, Logistics, Top 100

FedEx Completes Acquisition of ShopRunner

FedEx van FedEx

FedEx Corp. announced Dec. 28 that it has completed its acquisition of ShopRunner, marking an expansion of the company’s e-commerce footprint.

Eleanor Lamb | Staff Reporter
December 28, 2020
Government, Business, Technology, Logistics

Drone Use in US to Get Boost in New Security Rules

A DJI Technology Co. drone flies over Brooklyn in August 2018. (Mark Kauzlarich/Bloomberg News) A DJI Technology Co. drone flies over Brooklyn in August 2018. (Mark Kauzlarich/Bloomberg News)

Commercial U.S. drone flights are set to receive a huge boost as soon as the week starting Dec. 28 with requirements that most of the devices must transmit a radio beacon with a digital license plate.

Alan Levin | Bloomberg News
December 28, 2020
Government, Business, Technology, Safety

Oregon Commission Approves $2.2 Billion for Transportation Improvement Program

Oregon Trucks travel on Interstate 5 outside Albany, Ore. (Oregon Department of Transportation)

The Oregon Transportation Commission approved an initial plan to invest approximately $2.2 billion in future projects through the Statewide Transportation Improvement Program.

Eleanor Lamb | Staff Reporter
December 28, 2020
Business, Technology, Logistics, Autonomous

Kodiak Robotics to Receive CES Award

Kodiak Robotics Kodiak Robotics

Self-driving technology startup Kodiak Robotics announced it was selected as a CES 2021 Innovation Awards honoree, with the presentation to come during the first all-digital CES, which runs Jan. 11-14.

Roger Gilroy | Senior Reporter
December 23, 2020
Business, Technology, Fuel

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess. (Krisztian Bocsi/Bloomberg News) Volkswagen AG CEO Herbert Diess. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

Christoph Rauwald | Bloomberg News
December 23, 2020
Business, Technology, Equipment, Fuel

Nikola Loses Electric Truck Order From Republic Services

Signage is displayed outside Nikola Corp. headquarters in Phoenix on Sept. 15. Nikola Corp. headquarters in Phoenix. (Ash Ponders/Bloomberg News)

Nikola Corp. lost an order to supply sanitation heavyweight Republic Services Inc. with 2,500 battery-electric garbage trucks, the latest setback for the troubled startup.

Roger Gilroy | Senior Reporter
December 23, 2020
Government, Business, Technology

2020 Year in Review: Technology, Business, Government

We asked Transport Topics reporters for technology, business and government to try to put 2020 into perspective by identifying the three most significant stories of the year in their coverage area. Here's what they said. 

December 22, 2020

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