25 Sep Drivers to Remain Necessary Despite Advancements in Autonomous Vehicles, ATA Policy Expert Says ATLANTA — The trucking industry will continue to depend on drivers to assist with the navigation of autonomous and connected truck fleets, a policy expert at American Trucking Associations said at the Connected Fleets USA conference Sept. 25. Read more...
25 Sep Diesel Dips 0.3 Cent to $2.788 a Gallon The U.S. average retail diesel price fell 0.3 cent a gallon to $2.788, the Department of Energy reported Sept. 25. Read more...
25 Sep Capitol Agenda for the Week of Sept. 25: Reforming the Tax Code The real possibility of lawmakers advancing the first overhaul of the country’s tax code in more than three decades would greatly benefit trucking, ATA President Chris Spear says. Read more...
25 Sep No Shortage of Chrome at Joplin, Mo., Truck Show Hundreds of truckers are assembled in south Joplin for a weekend of group therapy, and everyone seems to have received the same prescription: chrome. Read more...
25 Sep ClearMetal Gets $9 Million in Funding ClearMetal, a San Francisco-based technology startup that is using artificial intelligence to develop what it calls “predictive logistics,” has received $9 million in second-round funding from an investment group led by Prelude Ventures and Innovation Endeavors. Read more...
25 Sep Gem Containers Receives Funding From Crestline Crestline Investors Inc. will provide an unspecified amount of financing to Gem Containers Ltd. to expand its tank container leasing and management business. Read more...
25 Sep Volvo Sees Growth in 2018, Especially With VNR ATLANTA — Volvo Trucks North America is preparing for expected heavy-duty sales growth in 2018, and two trucks introduced earlier this year, the new VNR and the remodeled VNL, will be its main warhorses. Read more...
25 Sep Empire Petroleum Extends Network Empire Petroleum Partners purchases 70 Corner Store convenience store properties and fuel stations in six states from Circle K Stores Inc. and CST Brands Inc. Read more...
25 Sep Hyliion Receives $21 million to Fund Production of E-Axle Hyliion has received $21 million to fund production and technology development for its electric drive axle for Class 8 commercial vehicles, the company announced Sept. 20. Read more...
25 Sep Old Dominion Cuts the Ribbon on 8th Illinois Location Old Dominion Freight Line Inc. officially cut the ribbon on its eighth service center in Illinois on Sept. 21, occupied with 117 employees and 103 doors at the cross dock. Read more...