06 Jul ZF Group Launches Digital Validation Tool ADAS.ai ZF Group's new scalable suite of data- and AI- based services is intended to help original equipment manufacturers digitally accelerate the development of advanced driver assist systems for commercial vehicles and passenger cars. Read more...
06 Jul Bipartisan House Group Backs Biden-Senate Infrastructure Deal A bipartisan group of House lawmakers on July 6 publicly endorsed President Joe Biden’s $579 billion infrastructure deal with a group of Republican and Democratic senators, giving the compromise fresh momentum at the start of a crucial month for the administration’s agenda. Read more...
06 Jul Amazon Begins New Chapter as Jeff Bezos Hands Over CEO Role NEW YORK — Amazon founder Jeff Bezos stepped down as CEO on July 5, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Read more...
06 Jul Chip Crisis Deepens With Daimler, Jaguar Warning of Lost Sales Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the global semiconductor shortage, with the latter flagging that deliveries in the second quarter will be 50% worse than initially thought. Read more...
06 Jul OPEC+ Breakdown: What to Watch as the Oil Crisis Evolves OPEC+ infighting has deprived the oil market of extra supply and sent crude surging to a six-year high in New York. Read more...
06 Jul Ever Given Saga Nears End, Ship Poised to Leave Suez Canal A giant containership that had blocked Egypt’s Suez Canal for nearly a week earlier this year will be released on July 7 following an agreement between authorities and the vessel’s owners, the canal operator said July 4. Read more...
06 Jul Class 8 Orders Clear 25,000 in June Class 8 orders in June cleared 25,000 and bounced 61% higher than those placed a year earlier in the pandemic, ACT Research reported, citing truck makers’ preliminary data. Read more...
06 Jul Daimler, Volvo, Traton Form $593 Million Truck-Charging Venture Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union. Read more...
06 Jul Industry, Regulators Target Higher Adoption Rates for Onboard Safety Technologies Can a concerted outreach campaign convince more motor carriers to voluntarily embrace proven safety technologies, or will it take a potential regulatory mandate to drive adoption rates? Read more...
05 Jul Crossword Puzzle Solution for July 5, 2021 Here's the solution to the crossword puzzle found in the July 5, 2021 print edition. Read more...