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Meritor Notches Higher Q4 Net Income, Revenue

Meritor Inc. reported higher fiscal year fourth-quarter net income and revenue thanks to higher global truck production.

November 17, 2021

UPS Expands Waymo Partnership to Include Autonomous Class 8 Trucks

Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.

November 17, 2021

October Classes 4-7 Sales Stall

U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.

November 16, 2021

Rivian Leaps Past Volkswagen’s Valuation Amid EV Mania

A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week’s trading debut, with its market capitalization now surpassing Volkswagen AG.

November 16, 2021

Amazon Brand Owner Heyday Raises $555 Million in Funding Round

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

November 16, 2021

How to Streamline Driver Coaching

Program Aired: December 9, 2021. With nuclear verdicts up 1000% since 2010, not taking a proactive “high-touch” coaching approach is a serious risk. But, how to do it with limited staff? And without impacting driver turnover?

December 9, 2021

Uber Freight Completes Acquisition of Transplace

Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.

November 15, 2021

Volkswagen Appeals Rejected as High Court Allows Emissions Scandal Suits

The U.S. Supreme Court rejected two appeals from Volkswagen AG, leaving intact rulings that let state and local governments sue over a diesel-emissions cheating scandal that already has cost the German automaker more than $23 billion.

November 15, 2021

Nikola Founder Trevor Milton Must Face Criminal Case

Nikola Corp. founder Trevor Milton must face the criminal case against him in New York, after a federal judge denied his request to dismiss the indictment or change the venue.

November 15, 2021

Startup Embark Trucks Now Publicly Traded

Autonomous truck software developer Embark Trucks Inc. announced it completed its business combination with Northern Genesis Acquisition Corp. II, and the combined company has been renamed Embark Technology Inc.

November 15, 2021