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AI Hedge Fund Is Said to Liquidate After Less Than Two Years

The fledgling world of AI hedge funds is claiming one of its first casualties.

September 7, 2018

Tesla Erupts in Chaos After Senior Executives Leave, Musk Tokes Up

The turmoil at Tesla Inc. reached a fever pitch, as the news that two senior executives are leaving Elon Musk’s electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.

September 7, 2018

Battling Amazon, Chicago-Based ShipBob Lands $40 Million, Opens Warehouse

With $40 million in new investments announced Sept. 6, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion — starting with a new fulfillment warehouse in Cicero and a push to hire 100 people in the next year.

September 7, 2018

Lack of Action in Congress on Autonomous Technology Could Hinder States, Lawmaker Warns

WASHINGTON — The small role Congress currently plays in policy for autonomous vehicle technology could eventually slow, or impede, progress for states and firms testing such systems, a key House transportation authorizer warned on Sept. 5.

September 6, 2018

Florida Scores Biggest Annual Gain in Heavy-Duty Clean Diesel Trucks

Florida posted the biggest surge among states in the use of heavy-duty trucks with clean diesel engines in 2017, notching an 81% jump compared with a year earlier, according to data from IHS Markit. This increase came as fleet confidence in the technology took hold and more freight-hauling opportunities opened up in the nation’s fourth-largest state economy, other experts said.

September 6, 2018

FMCSA Medical Registry Hack Still Causes Delays Nine Months Later

An “incursion” nine months ago that shut down the Federal Motor Carrier Safety Administration’s National Registry of Certified Medical Examiners still is causing delays in registering new examiners and backlogs for medical examiners to upload truck driver examinations, officials said.

September 6, 2018

FMCSA Chief Ray Martinez to Address Key Industry Issues at MCE

Federal Motor Carrier Safety Administration chief Ray Martinez will be a keynote speaker at American Trucking Associations’ conference next month to provide an update on new rules covering the industry.

September 6, 2018

Electric Trucks Could Save Europe 11 Billion Barrels of Oil Through 2050

Transforming the European Union’s truck fleet to electric and hydrogen vehicles from diesel-powered engines could cut oil use by as much as 11 billion barrels through 2050, or more than two years’ worth of imports.

September 6, 2018

Utah Driver Sues Tesla After Crashing in Autopilot Mode

SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.

September 6, 2018

Bendix Updates ADAS Technology With Eye on the Future

Bendix Commercial Vehicle Systems announced the next generation of both its Wingman Fusion advanced driver assistance system and its BlindSpotter side object detection system.

September 6, 2018