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Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.

July 8, 2021

Virginia DOT Rolls Out EV Charging Location Information

The Virginia Department of Transportation on July 7 introduced a new feature to help drivers locate electric vehicle charging stations.

July 8, 2021

The Future of Finance is in the CFO’s Hands

It’s no secret that CFOs need to be strategic, but adopting a tactical financial approach on top of juggling traditional responsibilities is easier said than done. This white paper dives into how other CFOs are taking on the role of a strategic business partner, while managing a continuous close and how you can too.

July 1, 2021

Lower your insurance rates and CSA scores

Insurance premiums are now one of the top 10 operating expenses for trucking fleets, but increasing your emphasis on safety throughout your organization will likely make you eligible for insurance company discounts or reduced rates.

October 1, 2021

See more with machine vision and artificial intelligence (MV+AI) triggered video

Lytx® MV+AI technology is engineered to provide an expanded view of risk by identifying risky behaviors that may lead to collisions, lawsuits, or customer complaints. This additional insight into your fleet can help empower drivers to improve and drive down risk.

July 1, 2021

TMC/FleetNet America Reports Spike in Unscheduled Roadside Repairs

Fleets experienced an increase in unscheduled roadside maintenance from the end of 2020 through the first quarter of 2021, according to benchmarking data compiled by service data program developer FleetNet America and the Technology & Maintenance Council of American Trucking Associations.

July 7, 2021

Stellantis Nears Deal to Build Major EV Battery Plant in Italy

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

July 7, 2021

Ryder Seeks $3.7 Million Default Judgment Against Chanje

Ryder Truck Rental Inc. asked a federal judge to issue a $3.7 million default judgment in its civil lawsuit against a Chinese-backed truck maker that allegedly failed to make good on promises to deliver 100 Class 5 electric vehicles to Ryder in 2017.

July 7, 2021

ZF Group Launches Digital Validation Tool ADAS.ai

ZF Group's new scalable suite of data- and AI- based services is intended to help original equipment manufacturers digitally accelerate the development of advanced driver assist systems for commercial vehicles and passenger cars.

July 6, 2021

Chip Crisis Deepens With Daimler, Jaguar Warning of Lost Sales

Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the global semiconductor shortage, with the latter flagging that deliveries in the second quarter will be 50% worse than initially thought.

July 6, 2021