04 May Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway. Read more...
04 May Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4. Read more...
03 May XPO Reports Highest Quarterly Revenue Ever in Q1 XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3. Read more...
03 May Velociti Opens Technology Innovation Lab Velociti is aiming to help enterprise businesses develop technology innovations with the opening of Velociti Innovation Lab, the company announced April 28. Read more...
03 May Diesel Price Resumes Rise, Increases 1.8¢ to $3.142 a Gallon The national average price for diesel rose 1.8 cents to $3.142 a gallon, according to Energy Information Administration data released May 3. Read more...
03 May Lumber Hits Record on Tight Supply, High Demand Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go. Read more...
03 May TFI International Completes UPS Freight Acquisition TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30. Read more...
03 May Mack Trucks Commemorates 100 Years in Canada Mack Trucks is celebrating a century of operations in Canada, the company announced April 26. Read more...
03 May Nevada DOT Construction Project Involves Large-Truck Restrictions The Nevada Department of Transportation recently announced commercial truck restrictions on a Lake Tahoe-area highway as the agency undertakes a construction project. Read more...
03 May ATA Unveils Battle of the States The National Battle of the States: Virtual Truck Driving Championships will take the place of this year's National Truck Driving Championships and National Step Van Driving Championships, which were canceled because of COVID-19 concerns. Read more...