12 Jan DHL Owner Deutsche Post Reaps Profit Boost as Virus Spurs Demand Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis. Read more...
12 Jan XPO Logistics Partners With Truckers Against Trafficking XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime. Read more...
12 Jan Hunt for the Next Tesla Fuels Wave of EV Deals Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies. Read more...
12 Jan XPO Names Leadership Team for New Logistics Business XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment. Read more...
12 Jan Sherri Baker Joins Hyliion as Chief Financial Officer Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer. Read more...
12 Jan GM Announces New Electric Delivery Van, Electric Pallet The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it. Read more...
12 Jan Exports Boosted US Shale Market, but Long-Term Demand Uncertain These past five years could very well go down as the best years that U.S. shale oil exporters will ever see. Read more...
12 Jan Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp. Read more...
12 Jan Nearly 49% of CMV Drivers Could Be at Risk for Sleep Apnea, Study Says A new obstructive sleep apnea study of 20,000 drivers using a more comprehensive screening evaluation method estimated that nearly 49% of commercial motor vehicle drivers could be at risk for obstructive sleep apnea, a condition that can cause sleepiness while driving. Read more...
12 Jan DOT Expands AV TEST Program The National Highway Traffic Safety Administration has expanded the Automated Vehicle Transparency and Engagement for Safe Testing (AV TEST) Initiative from a pilot to a full program. Read more...