30 Apr Get Ready for the Most Expensive Driving Season in Years Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way. Read more...
30 Apr Driverless Tech Companies Face Scrutiny Over Safety Transparency On March 18, a robot-driven Volvo operated by Uber hit and killed a pedestrian in Arizona. Advocates for automation maintained that the tragedy shouldn’t detract from the likelihood that driverless technology is eliminating human error and making driving safer. Read more...
30 Apr Opinion: New Lease Accounting Rules May Hit Smaller, Private Carriers Hardest Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year. Read more...
30 Apr Anthony Levandowski to Defend Himself Against Google’s Breach-of-Contract Claims Uber Technologies Inc.’s settlement of Waymo’s trade-secrets lawsuit in February left a key piece unresolved: the role played by Anthony Levandowski, the engineer at the center of the alleged theft of critical self-driving technology. Read more...
30 Apr Vietnam Airlines Considers Creating Cargo Unit to Boost Revenue Vietnam Airlines CEO Duong Tri Thanh said his company is looking to start a dedicated cargo unit. Read more...
30 Apr US Pending Home Sales Increase Less Than Forecast in March A gauge of signed contracts to purchase previously owned U.S. homes rose less than forecast in March, and the prior month’s reading was revised down, indicating a lack of inventory is restraining the market, according to data released April 30 from the National Association of Realtors in Washington. Read more...
30 Apr Fleets Implementing Tracking Technology to Fairly Reward Fuel-Efficient Drivers Advances in tracking technology are enabling fleets to better assess driver performance and fairly reward them for fuel-efficient driving. Read more...
30 Apr March Consumer Spending Picks Up; Inflation Hits Fed Goal U.S. consumer spending picked up in March while the Federal Reserve’s preferred inflation gauge hit the central bank’s 2% target for the first time in a year, reinforcing the outlook for further interest-rate hikes. Read more...
30 Apr Anthony Levendowski to Defend Himself Against Google’s Breach-of-Contract Claims Uber Technologies Inc.’s settlement of Waymo’s trade-secrets lawsuit in February left a key piece unresolved: the role played by Anthony Levandowski, the engineer at the center of the alleged theft of critical self-driving technology. Read more...
30 Apr Teradyne Expands in Warehouse Robotics Danish autonomous robot manufacturer Mobile Industrial Robots was acquired by Teradyne Inc. for $148 million in cash, with an additional $124 million paid if several performance milestones are met through 2020. Read more...