Technology
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
ATA Trends Report Reveals Industry’s Revenue, Trade Highlights
The trucking industry’s total revenue and cross-border operations experienced significant increases last year, according to the recently released American Trucking Trends report by American Trucking Associations.
Shopify Rally Continues After Sales, Outlook Beat Estimates
Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.
Trucking Stakeholders Ask Congress to Repeal the 12% Federal Excise Tax on Trucks, Trailers
A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.
French Startup Develops Tech to Convert Diesel Cars to Electric
About 5,000 euros ($5,600) are set to buy your 10-year-old combustion clunker an electric makeover — and offer a cut-price way to avoid driving bans across European cities.
Warren Buffett’s Geico Joins Rivals in Tracking Drivers
Geico has launched a telematics offering, called DriveEasy, in certain states, Credit Suisse Group AG analyst Mike Zaremski said in a research note July 31. A phone app tracks driving habits and gives individuals a score and tips, according to Geico’s website.
Musk’s Tweets About Tesla Production Raise Questions on SEC Accord
Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.
July 30, 2019Virginia DOT Outfits Snowplows With Tracking Technology
In preparation for winter weather, the Virginia Department of Transportation has started to equip snowplows with tracking devices throughout the state.
Tesla to Pay China $323 Million a Year in Tax for Factory Site
Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric vehicle factory on the outskirts of Shanghai.
Uber to Cut About 400 Employees, Citing ‘Mediocre Results’
Uber Technologies Inc. said it’s cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.
Lyft COO Jon McNeill to Depart Company
Jon McNeill, who was hired last year to run Lyft Inc.’s operations, is leaving the company. The founders, who have struggled to retain an operating chief, said they won’t hire a replacement.