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Convoy to Expand Services After $400 Million in New Funding

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, 2019

Drones 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, 2019

Ike 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, 2019

Daimler 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, 2019

VW 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, 2019

Ford 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, 2019

German 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, 2019

Consumer 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, 2019

Daimler’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