21 Jun Amazon in Talks to Buy Stake in AI Truck-Driving Startup Plus Amazon.com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory filing. Read more...
21 Jun Shipping Watchdog Urged to Speed Up Pace on Emission Curbs Trafigura Group said the shipping industry’s regulator needs to act with “lightning speed” to cut carbon emissions from an industry that spews more C02 into the atmosphere each year than France and the U.K. combined. Read more...
21 Jun Volvo, Northvolt Join Forces on European EV Battery Factory Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region. Read more...
21 Jun Perspective: Pivotal Opportunity to Repeal FET Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape. Read more...
18 Jun Work Truck Solutions, Morgan Truck Body Launch Portal Work Truck Solutions, a provider of software as a service, and Morgan Truck Body announced an online portal for finding Morgan-equipped commercial dry freight, refrigerated, platform and dump truck bodies. Read more...
18 Jun Hyliion Set to Join Russell 3000 Index Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution. Read more...
18 Jun About Us: 2021 Transport Topics Top 100 For-Hire Carriers This annual publication ranks companies based on annual revenue and includes a listing of operating units and description of services, names of top executives and type of ownership, plus data on the number of employees and equipment. Read more...
18 Jun US Trucking Boom Contributes to Rising Demand for Diesel For a look at how dramatically U.S. oil consumption is roaring back, consider this: Bennie Baucham, a trucker for four decades, hasn’t been this busy in years. Read more...
18 Jun A Closer Look at the 2021 For-Hire Sector Rankings Although trucking companies are benefiting from a favorable business environment and strong economic growth this year, the upheaval caused by the COVID-19 pandemic took a significant toll on the industry in 2020. Read more...
18 Jun Fleets Turn Attention to Driver Lifestyle At a time when attracting and retaining professional truck drivers has become more difficult than ever, fleets are thinking differently about this persistent industry challenge. Read more...