UPS Sees Payoff From $20 Billion Tech Bet, but Investors Remain Wary
UPS Inc. is counting on algorithms you can’t see to prove that investors were wrong to doubt its three-year, $20 billion technological makeover. It’s all part of CEO David Abney’s bet on squeezing out costs and becoming more nimble as UPS adjusts to surging e-commerce deliveries.
April 23, 2019Alphabet’s Waymo to Revive Detroit Plant With Self-Driving Cars
Alphabet Inc.’s Waymo has picked an idled American Axle & Manufacturing Holdings Inc. facility in Detroit as the site where it will equip vehicles made by Fiat Chrysler Automobiles NV and Jaguar Land Rover Automotive with self-driving technology.
April 23, 2019Alphabet’s Drone Delivery Business Cleared for Takeoff by FAA
An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.
April 23, 2019Tesla Gears Up for Driverless Cars in 2020 Amid Skepticism
SAN FRANCISCO — Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years.
April 22, 2019Dana Adds Training Video Covering Electrified Vehicles
Dana Inc. announced it expanded its Driveline Forensics training series to include videos covering key safety and maintenance tips for electrified vehicles.
April 22, 2019Transport Topics Wins Eight Regional Azbee Awards
WASHINGTON — Transport Topics collected honors in eight categories, including a gold award for its coverage of the 2018 Management Conference & Exhibition, as the American Society of Business Publication Editors handed out its 2019 Mid-Atlantic Azbee Awards on April 17.
April 17, 2019FMCSA Grants SmartDrive Five-Year Exemption Regarding ADAS Camera Placement
Federal trucking regulators on April 15 granted SmartDrive System Inc. a five-year exemption to allow an advanced driver assistance system (ADAS) camera to be mounted lower on truck windshields than currently is permitted.
April 16, 2019Uber’s Investment in Autonomous Tech Tops $1 Billion Since 2015
Uber Technologies Inc. has spent more than $1 billion on autonomous vehicle technology to compete with giants such as Alphabet Inc., Apple Inc. and General Motors Co.
April 12, 2019$59 Million in Vehicle Technologies Research Funding Available, Energy Department Announces
The Energy Department on April 3 announced that about $59 million is available for stakeholders seeking to develop projects that prioritize energy-efficient mobility systems, improve materials for powertrains, co-optimize advanced engine and fuel technologies, and create new mobility options.
April 10, 2019Ford CEO Jim Hackett Tamps Down Expectations for First Autonomous Vehicles
Too much hype has built up about how soon self-driving cars will hit the road, but they will ultimately change the world, Ford Motor Co.’s CEO Jim Hackett said.
April 9, 2019