Transportation software firm Descartes Systems Group has purchased ShipTrack, a provider of shipment tracking technology for final-mile carriers, for about $19 million.
November 9, 2020Search
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Traton, Navistar Agree to Definitive Merger
Fully embracing an alliance begun in 2017, the boards of directors at truck makers Traton SE and Navistar International Corp. approved a definitive agreement to merge, the companies announced Nov. 7.
November 9, 2020Bendix Expands Goals to Fight Climate Change
Bendix Commercial Vehicle Systems announced it is committing to cut its carbon dioxide emissions in half by 2030 and achieve carbon neutrality by 2021.
November 6, 2020Simulators Hold Potential for CDL Training, Testing, Experts Say
Simulators can serve as a resource for truck driver training and testing, especially during the coronavirus pandemic, according to experts assembled for a webinar hosted by the Transportation Research Board on Nov. 6.
November 6, 2020Transportation Leaders Call for GAO Study on 5.9 GHz Spectrum
The leadership of the Transportation and Infrastructure Committee in the U.S. House of Representatives called on the U.S. Government Accountability Office to review the safety implications stemming from the possibility of sharing the 5.9 GHz spectrum band.
November 6, 2020VW Poised to Sign Off on $3.7 Billion Navistar Deal
Volkswagen AG’s board is preparing to sign off on its heavy-truck unit Traton SE acquiring U.S. manufacturer Navistar International Corp., according to people familiar with the matter.
November 6, 2020GM to Invest $1 Billion to Resurrect Pickups in Ontario
Canada’s Motor City is about to come back to life after a near-death experience threatened to end more than a century of production.
November 5, 2020EPA Recognizes 75 Freight Industry Leaders for Environmental Performance
The U.S. Environmental Protection Agency honored 75 carriers, logistics providers and freight shippers with its annual SmartWay Excellence Awards.
November 5, 2020Class 8 Orders Spike in October
Preliminary net Class 8 orders for October, typically a bellwether month, were nearly 40,000 and the highest in 24 months, ACT Research reported.
November 5, 2020VW CEO Diess Says Existential Electric Race Awaits After Pandemic
Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.
November 5, 2020