AMCS has acquired Philadelphia-based fleet maintenance management software solutions provider Dossier Systems, the Limerick, Ireland-based company announced Nov. 16.
November 18, 2021Search
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Electric Vehicles Rank Low in Consumer Reports Reliability Study
Electric vehicles fare poorly in the latest reliability study from Consumer Reports, with Tesla Inc. and its battery-powered lineup finishing second-to-last for the second straight year. Only Ford Motor Co.’s Lincoln division was worse, the publisher said Nov. 18.
November 18, 2021Ford Explores Buying Chips Direct to Offset Shortage
Ford Motor Co., responding to a global semiconductor shortage that has crimped profits and production, will explore buying chips directly from GlobalFoundries Inc.
November 18, 2021ATA Presses Congress on Workforce Development Amid Supply Chain Woes
Policies aimed at boosting the trucking industry’s workforce would play a major role in addressing supply chain woes around the country, the leader of American Trucking Associations told the U.S. House of Representatives’ transportation panel Nov. 17.
November 17, 2021Meritor Notches Higher Q4 Net Income, Revenue
Meritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production.
November 17, 2021UPS Expands Waymo Partnership to Include Autonomous Class 8 Trucks
Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.
November 17, 2021October Classes 4-7 Sales Stall
U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.
November 16, 2021Rivian Leaps Past Volkswagen’s Valuation Amid EV Mania
A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week’s trading debut, with its market capitalization now surpassing Volkswagen AG.
November 16, 2021Amazon Brand Owner Heyday Raises $555 Million in Funding Round
Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.
November 16, 2021Uber Freight Completes Acquisition of Transplace
Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.
November 15, 2021