17 Jun Ford Acquires Battery-Management Startup to Charge EV Fleets Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030. Read more...
17 Jun Washington’s Infrastructure Improves to a C, ASCE Report Card Shows The nation’s capital received a C on a recent infrastructure report card issued June 15 by the American Society of Civil Engineers. Read more...
17 Jun Electric Plane Pioneer Pivots to Cargo Drones The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation. Read more...
17 Jun Teleworking Travel Habits May Offer Insight on Freight Mobility, Expert Says Data on the drastic changes in commuting patterns that resulted from the COVID-19 pandemic likely will present useful insight on impacts to freight movement, according to a Federal Highway Administration expert. Read more...
17 Jun Jobless Claims Rise for First Time Since April Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens. Read more...
17 Jun KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billion KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion. Read more...
17 Jun Teleworking Travel Habits May Offer Insight on Freight Mobility, Expert Says Data on the drastic changes in commuting patterns that resulted from the COVID-19 pandemic likely will present useful insight on impacts to freight movement, according to a Federal Highway Administration expert. Read more...
16 Jun Senate Commerce Panel OKs $78 Billion Highway Safety Bill Legislation that would dedicate $78 billion over five years for freight, trucking and rail safety programs was advanced by the U.S. Senate Commerce Committee June 16. Read more...
16 Jun Bipartisan Infrastructure Plan Gains Support Prospects for a bipartisan deal on the biggest infrastructure package in decades improved on June 16 as 21 senators, including 11 Republicans, signed onto a bipartisan framework for a $579 billion package. Read more...
16 Jun Locomation Adds PGT Trucking to Its Autonomous Convoy Self-driving technology company Locomation announced motor carrier PGT Trucking Inc. is the latest fleet to sign up for its human-guided autonomous truck convoying technology. Read more...