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A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.

Tesla Inc.’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials.

Tesla was sued by customers who claim they’ve had to pay exorbitant prices and endure long waits for repairs due to Tesla’s monopolization of replacement parts and maintenance services.

Reactive vehicle maintenance is an ongoing, laborious endeavor. The key to increasing fleet uptime and a shop that runs more smoothly is switching to a proactive approach, including predictive maintenance solutions that go further to prevent issues before they arise. 

Odyssey Logistics & Technology's chief information officer heads global technology strategy and IT operations.

Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.

New artificial intel­ligence capabilities promising automated, 24/7 monitoring of trucking fleets and vehicle maintenance are getting a mixed reaction from trucking leaders.