Convoy’s intentions for putting a recent $400 million package of additional investment capital to work are straightforward — keep expanding its digital freight business through more machine learning, more automated loads, and more drop-and-hook arrangements.
November 19, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
XPO Robots Assist UK Workers With Holiday Volumes
XPO Logistics has increased its use of robots in the United Kingdom in anticipation of holiday retail volumes, the Connecticut-based company said in a Nov. 19 news release.
November 19, 2019Drones That Do the Work of 500 Farmers Transform Palm Oil
As haze blanketed large tracts of Southeast Asia last month, office workers with Genting Plantations Bhd. in Jakarta were investigating the source of the choking smoke more than a thousand kilometers away.
November 19, 2019Ike Maintains Automation Will Add Truck Driving Jobs
Automated trucks developer Ike has a message for those behind the driver’s wheel of an 18-wheeler now: Automation can be complementary, not competitive.
November 19, 2019Daimler Rolls Back Autonomous Taxi Plan, Focuses on Trucks
Daimler chairman Ola Kaellenius recently announced that the company was taking a “reality check” on autonomous taxis and focusing on self-driving longhaul trucks instead.
November 18, 2019VW Challenges Rivals With $66 Billion Splurge for Electric Era
Volkswagen AG will ramp up spending on electric vehicles and automated driving by 36% as the world’s largest automaker challenges rivals to keep pace with an aggressive shift into the post-combustion era.
November 15, 2019Ford Puts Iconic Mustang Name on First Electric Crossover
Ford Motor Co., which pioneered the racy pony-car body style 55 years ago, will use the Mustang name and insignia on an electric crossover utility vehicle coming next year.
November 15, 2019German Industrial Job Losses Top 80,000 With Daimler Cuts
Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.
November 15, 2019Consumer Reports Finds Vehicle Redesigns Come With Glitches
DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable.
November 14, 2019Daimler’s New CEO Ola Kallenius Warns Shift to Electric Cars Will Be Painful
Daimler AG’s new CEO warned there will be no quick fix for the automaker’s struggles to adapt to an era of self-driving, electric cars.
November 14, 2019