26 Feb TuSimple Expands as It Readies Self-Driving Truck Technology Though it will likely be a decade or more before commercial trucks roll down the road without human drivers, trucks with sophisticated, semiautonomous driving systems will soon be on the street — with a person aboard to supervise. Read more...
26 Feb BMW, Toyota Back a Driverless Startup That Wants to Start Small As automakers spend billions to rack up autonomous miles and map city streets, Toyota Motor Corp. and BMW AG are also betting on a startup with a more modest approach. Read more...
26 Feb Fourth Quarter Strong for Mullen, Mixed for TFI Canadian truck and logistics firms TFI International and Mullen Group reported mixed results in their 2017 fourth quarter and for the full year. Read more...
26 Feb Sales of New Homes Fall to Lowest Level Since August U.S. sales of new homes unexpectedly fell in January to the lowest level since August as borrowing costs rose and winter weather depressed demand, according to government data released Feb. 26. Read more...
26 Feb Geotab Surpasses 1 Million Subscribers Telematics provider Geotab Inc. announced more than 1 million vehicles are subscribing to its fleet management service, which began in 2006. Read more...
26 Feb UPS Sues European Union for $2.1 Billion After Botched Veto of TNT Bid UPS Inc. is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for damage it claims to have suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV. Read more...
26 Feb Snider Adds Mitchell 1 Repair Capabilities Fleet services provider Snider Fleet Solutions added Mitchell 1 diagnostic and repair capabilities to its more than 80 locations in the South and Midwest. Read more...
26 Feb American CEOs Say They're Ready to Bring Jobs Home If NAFTA Dies In describing what life would be like without NAFTA, some business groups have stopped just short of predicting a plague of locusts. Read more...
26 Feb American CEOs Say They're Ready to Bring Jobs Home If NAFTA In describing what life would be like without NAFTA, some business groups have stopped just short of predicting a plague of locusts. Read more...
26 Feb Investors Bank Sets Up Equipment Lending Division Investors Bank, based in Short Hills, N.J., has launched an equipment finance group to provide financing and leasing services to trucking and other middle-market companies. Read more...