Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in an initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.
June 16, 2021Search
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Lordstown Motors Jumps on Forecast for 11 Months of Cash on Hand
Lordstown Motors Corp. jumped after saying it has enough money to make its battery-powered trucks through May of next year, paring a record decline the previous day following the departure of two top executives.
June 15, 2021Truck Parking Information Needs to Be Functional, Accurate, ATRI Research Says
Effectively addressing the truck parking capacity problem will depend on standardization and accuracy, according to a recent white paper from the American Transportation Research Institute.
June 15, 2021John Kerry: Carbon Capture ‘Key Tool’ to Curb Factory Emissions
Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.
June 15, 2021Forward Air Expands LTL Service in Washington
Forward Air Corp. will expand its expedited less-than-truckload service into Spokane, Wash., the company announced June 14.
June 15, 2021GM’s Cruise Unit Starts Preproduction on Autonomous Shuttle
Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.
June 15, 2021GM, Wabtec Agree to Make Electric and Hydrogen-Powered Trains
General Motors Co. and Wabtec Corp. have signed a nonbinding agreement to build locomotive engines using the automaker’s Ultium electric battery and its Hydrotec hydrogen fuel-cell system, the companies said June 15.
June 15, 2021Cabinet Secretaries Launch Roadshow to Sell Biden Infrastructure Plan
Marty Walsh and a handful of other Cabinet secretaries have launched an ambitious travel schedule to promote the infrastructure plan and the larger Biden agenda.
June 14, 2021Rep. Bob Latta Reintroduces Self-Driving Vehicle Bill
Legislation meant to facilitate access to autonomous vehicles nationwide has again come before the U.S. House of Representatives.
June 14, 2021US to Seek Automated Braking Requirement for Heavy Trucks
The National Highway Traffic Safety Administration has announced plans “over the next year and beyond†to issue a new proposal that would set standards and require heavy trucks to be equipped with automatic emergency braking systems.
June 14, 2021