Transportation Technology News

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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.

BusinessTechnologyFuel

Volvo Group Reports Higher Revenue, Record Q1 Deliveries

Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.

April 22, 2022
BusinessTechnologyEquipment

Cummins Files for Possible IPO of Filtration Business

Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.

April 22, 2022
BusinessTechnologyLogisticsTop 100

XPO Marks Earth Day With Carbon Offsets Program

XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.

April 22, 2022
BusinessTechnologyLogisticsAutonomous

Convoy Adds Capital to Expand Technologies

Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.

April 22, 2022
BusinessTechnologyAutonomous

US Drone Company Zipline Starts Delivering Medicine in Japan

TOKYO — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.

April 21, 2022
BusinessTechnologyEquipment

Navistar Expands Alabama Plant for Powertrain Production

Navistar Inc., a division of Germany-based Traton Group, announced it is positioned to introduce an all-new integrated powertrain to the North American market at its expanded powertrain manufacturing plant in Huntsville, Ala.

April 21, 2022
BusinessTechnologyEquipmentSafetyLogisticsAutonomous

Amazon to Invest $1 Billion in Logistics, Robotics Companies

Amazon.com Inc. says it plans to invest $1 billion in companies developing technologies in logistics, supply chain management and safety, as the retailer seeks to keep an eye on new ideas that might aid its core business.

April 21, 2022
BusinessTechnologyLogisticsPrivate

Amazon Targets Shopify With New ‘Buy With Prime’ Service

Amazon.com Inc. said it will let merchants sell products they list with the e-commerce giant directly from their own websites, as part of a move to blunt the momentum of fast-growing competitor Shopify Inc.

April 21, 2022
GovernmentBusinessTechnologyEquipmentAutonomous

Daimler’s Martin Daum: Autonomous Trucks Will Benefit Industry Without Threatening Jobs

ALBUQUERQUE, N.M. — As autonomous trucks gradually move closer to commercialization, Daimler Truck CEO Martin Daum sees this technology delivering a range of benefits for fleet customers and for society at large.

April 21, 2022
BusinessTechnologyFuelAutonomous

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022