Taiwan’s Foxconn Technology Group completed a transaction with Lordstown Motors Corp. to acquire the electric truck startup’s Ohio factory for $230 million and take over production of its Endurance pickup truck, a critical step as the iPhone manufacturer seeks to diversify into electric vehicles.
May 12, 2022Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Volvo to Supply 44 Electric Trucks to DHL
FRANKFURT, Germany — Swedish carmaker Volvo has signed a deal to supply 44 new electric trucks to German delivery firm Deutsche Post DHL to support its zero-emission targets, both companies announced May 12.
May 12, 2022Embark Losses Widen From Research, Development Spending
Embark Technology Inc. saw its losses widen in the first quarter as the autonomous trucking technology company spent more of its capital on research and development.
May 11, 2022Aurora, Covenant Team on Autonomous Trucking Program
Autonomous driving technology company Aurora Innovation Inc. will collaborate with Covenant Logistics to refine a self-driving truck system that could robotically emulate the speed of human team driving.
May 11, 2022DTNA Unveils Production-Ready eCascadia at ACT Expo
LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.
May 10, 2022Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport
Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.
May 9, 2022Apex.AI Gains Minority Investment From Daimler Truck
Software developer Apex .AI announced Daimler Truck made a minority investment in the company.
May 5, 2022Aurora Innovation Focuses on Real-Time Data
Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for “24/7/365 operation.â€
May 5, 2022Senators Press USDOT on AV Tech
A group of senators recently asked the U.S. Department of Transportation for an update on efforts to regulate key aspects of autonomous vehicles.
May 2, 2022Perspective: Exploring Quantum Computing
Quantum computing might be a new frontier in easing logistics management.
May 2, 2022