XPO posted an increase in revenue but a dip in profit during the third quarter amid a challenging freight environment, the company said Oct 30.
October 30, 2023Transportation Technology News
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
鈥楢utonomy Is the Future,鈥 Says California Gov. Newsom
In 30 years, California Gov. Gavin Newsom thinks we鈥檒l wonder why we ever let human drivers on the road, he told reporters Oct. 29 after touring a Tesla car factory in Shanghai.
October 30, 2023Ford Pulls Profit Forecast on Strike Impact
Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a day after it won labor peace through a tentative contract with the UAW.
October 27, 2023Cruise Grounds Robotaxi Fleet After California Suspension
Cruise has grounded its entire fleet just days after its license was suspended by California, in a setback for the company that has been laying the groundwork to expand to multiple cities.
October 27, 2023Amazon Reports Q3 Revenue Gained 13% to $143.1 Billion
Amazon CEO Andy Jassy gave investors much of what they wanted: robust sales and profit growth along with a hint that the cloud division earnings machine is regaining momentum.
October 27, 2023Ports Consider Digitization Strategies to Track Cargo
AURORA, Colo. 鈥 Ports and shippers are exploring ambitious port digitization and tracking system projects that allow stakeholders across the supply chain to track cargo in real time.
October 26, 2023Estes Express IT System Fully Restored, COO Says
Estes Express Lines鈥 information technology systems are 鈥渃ompletely restored鈥 after a cyberattack earlier in October, according to Chief Operating Officer Webb Estes.
October 26, 2023Former Employees Looking to Buy Convoy, Report Says
Convoy, the Seattle-based freight startup that shut down last week, is being sold, according to a former Convoy employee familiar with the deal.
October 25, 2023FBI Analyst Stresses Trucking Cybersecurity Importance
HOUSTON 鈥 An FBI cyberintelligence specialist stressed the importance of trucking cybersecurity to the health of the economy during an Oct. 23 presentation.聽
October 25, 2023Honda Halts Plans With GM to Develop Smaller EVs
Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.
October 25, 2023Trending
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