Stellantis to Buy Mercedes-BMW Car-Sharing Venture
Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.
May 3, 2022Senators Press USDOT on AV Tech
A group of senators recently asked the U.S. Department of Transportation for an update on efforts to regulate key aspects of autonomous vehicles.
May 2, 2022Perspective: Exploring Quantum Computing
Quantum computing might be a new frontier in easing logistics management.
May 2, 2022Amazon to Shutter Six Whole Foods Stores
Amazon.com Inc. will close six Whole Foods Market locations in four states, almost two months after shutting dozens of bookstores and gift shops around the country.
May 2, 2022Lordstown, Foxconn Delay Ohio Factory Sale Deadline
Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.
May 2, 2022Transform Your Trailer Assets and Save Time and Money
The Bennett Family of Companies improved its trailer tracking ability by ditching battery-operated devices for SkyBitz’s solar-powered, real-time tracking platform. And saved $1000 per week in labor costs! Discover how in this success story. Get Your Copy Now!
May 1, 2022Despite Gains, Challenges Remain for Adoption of Alt-Fuel Trucks
Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs aren’t necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.
April 29, 2022Allison Reports Best Quarterly Revenue Since 2019 in Q1
Allison Transmission Holdings Inc. reported gains in first-quarter net income while revenue rose 15% to post its strongest revenue quarter since 2019.
April 29, 2022Exxon Profits Surge
NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
April 29, 2022Will the Diesel Engine Ever Be Perfected?
The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as “sweeping new regulations affecting heavy-duty trucks sold in the state.”
April 29, 2022