As a series of extreme heat waves settled over large swaths of the country this summer, professional truck drivers were at times exposed to temperatures well over 100 degrees as they worked to deliver the nation’s freight.
August 20, 2021BusinessEquipment
Mark Stuebe Named President of Jacobs Vehicle Systems
Jacobs Vehicle Systems announced it named Mark Stuebe president. He is a 30-year veteran in the commercial vehicle and industrial manufacturing industries.
August 20, 2021BusinessTechnologyEquipmentFuel
Xos Is Latest Electric Truck Maker to Debut as Public Company
Los Angeles-based Xos Inc., which is developing fully electric Classes 5-8 commercial vehicles for last-mile service, announced the completion of its business combination with NextGen Acquisition Corp. The combined company will have the name Xos Inc. and its shares began trading Aug. 20 on the Nasdaq Capital Market under the symbol XOS.
August 20, 2021Business
Henri Targets Long Island, New England
Tropical Storm Henri is set to grow into a hurricane before slamming the Northeast anywhere from Long Island to Massachusetts, bringing heavy rain, a flooding storm surge and thrashing winds to the region starting Aug. 22.
August 20, 2021GovernmentBusinessTechnologyEquipmentSafetyAutonomous
NTSB’s Jennifer °®¶¹´«Ã½ndy Says Automated Driving Claims Erode Public Trust
The nation’s new chief accident investigator wants to send a message: growing public confusion over automated driving systems in the U.S. is threatening to undermine the potential safety benefits of the technology.
August 20, 2021GovernmentBusinessSafety
As Nuclear Verdicts Drive Up Costs, Focus Is on Safety, Data
Escalating insurance costs have become a severe financial headwind for trucking companies in an industry already known for tight profit margins.
August 20, 2021BusinessLogistics
Amazon Became Hedge Fund Favorite Just Before Shares Tumbled
Hedge funds piled into Amazon.com Inc. in the second quarter, putting themselves on the front line of losses as the stay-at-home trade began to unravel.
August 20, 2021BusinessLogistics
The Search for Drivers and the Fight to Keep Them
Although career opportunities in trucking are abundant, the driver shortage has been a thorn in the industry’s side for years, and it has only become more severe as freight demand has surged amid the recovery from the COVID-19 pandemic.
August 20, 2021BusinessTechnologyAutonomous
Tesla Swaps Year-Away Robotaxis for Year-Away Humanoid Robot
More than two years after touting plans to turn Tesla Inc. vehicles into robotaxis that have yet to materialize, Elon Musk held another highly technical event about autonomous driving development.
August 20, 2021GovernmentBusinessSafety
Transportation Panels Pursue Climate, Clean Energy Priorities in $3.5 Trillion Budget
House Speaker Nancy Pelosi is urging Democrats to unify in support of a $3.5 trillion budget proposal that would help advance President Joe Biden’s domestic agenda, including social aid programs and climate change policies.
August 19, 2021