Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.
November 28, 2018Search
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Editorial: Trouble on the °®¶¹´«Ã½front for GM
The Nov. 26 announcement from General Motors Co. that it plans to shut down five factories and lay off thousands of workers sent shock waves through the government and business communities, and with good reason.
November 29, 2018J.B. Hunt, Project44 Collaborate on J.B. Hunt 360
J.B. Hunt Transport Services will enter a technology collaboration with project44, a visibility platform for shippers and 3PL firms.
November 28, 2018New York City to Roll Out ‘High Vision’ Trucks
New York City’s initiative to reduce traffic deaths may be called Vision Zero, but for municipal truck drivers it will translate into a little more vision — in the form of fewer blind spots.
November 28, 2018Samsung to Build EV Battery Pack Factory in Michigan
Samsung plans to build a $62 million electric vehicle battery pack factory in Auburn Hills, Mich., that will create more than 400 jobs, the Michigan Economic Development Corporation announced.
November 28, 2018Deborah Hersman to Leave National Safety Council for Safety Post at Waymo
Deborah Hersman is leaving her post as National Safety Council CEO to become chief safety officer at Waymo, a self-driving technology development company based in Mountain View, Calif.
November 27, 2018Alpine SG Acquires E-Courier Software
Alpine SG, a portfolio company of Alpine Investors, has acquired e-Courier Software, which provides last-mile delivery software solutions, according to a Nov. 20 press release. Financial terms were not disclosed.
November 27, 2018Telematics Firm Fleet Complete Gets Investment From Ontario Teachers’ Pension Plan
Fleet Complete, a Toronto-based provider of vehicle telematics and driver management software with operations in North America, Europe and Australia, has received an investment from Ontario Teachers’ Pension Plan.
November 27, 2018Logistics Solutions Provider Pickup Closes $5 Million Funding Round
Pickup, an on-demand last-mile logistics solutions provider, has closed a $5 million funding round, according to a Nov. 13 press release. Funds from the round, led by TDF Ventures and Noro-Moseley Partners, will be used for market expansion, growing the product platform and adding staff in key areas.
November 27, 2018Trump Signals US Is Likely to Proceed With China Tariff Increase
President Donald Trump said he’ll likely push forward with plans to increase tariffs on $200 billion of Chinese goods, indicating he would also slap duties on all remaining imports from the Asian nation if negotiations with China’s leader Xi Jinping fail to produce a trade deal.
November 27, 2018