Transportation Technology News

About 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.

BusinessTechnologyFuel

Chevron, Clean Energy Partner on Adopt-a-Port Initiative to Reduce Emissions

Chevron Corp. announced it is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with carbon-negative renewable natural gas to reduce emissions.

July 10, 2020
BusinessTechnology

EV Maker Rivian Raises $2.5 Billion in New Funding Round

Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.

July 10, 2020
BusinessTechnologyEquipment

Dana Introduces New Drive Technologies

Dana Inc. announced new drive technologies for material-handling vehicles, including a low-voltage, high-efficiency motor for electric-powered applications.

July 10, 2020
BusinessTechnologySafetyLogistics

Consumer Brands Spearheads Contactless Delivery Task Force

A task force was launched to develop standards for reducing human contact when moving freight from Class 8 vehicles to last-mile drop-offs.

July 9, 2020
BusinessTechnologyAutonomous

Musk Says Tesla Is 鈥榁ery Close鈥 to Developing Fully Autonomous Vehicles

Tesla Inc.鈥檚 Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he has made for years but been unable to achieve.

July 9, 2020
BusinessTechnologyEquipment

May Extends Slide in Used Class 8 Truck Prices

The year-over-year average price of a used Class 8 vehicle fell for the 13th consecutive month in May. Sales at retail outlets held up, while inventories headed down because there was no deluge of equipment flooding the market as a casualty of the COVID-19 pandemic, ACT Research reported.

July 8, 2020
GovernmentBusinessTechnologyAutonomous

Tesla Pushes China鈥檚 EV Bubble Closer to Bursting

Tesla Inc.鈥檚 new Shanghai plant has churned out super-popular Model 3 electric sedans for the past six months, catapulting the company atop the sales chart and piling the pressure on cash-strapped local rivals. There was another casualty last week.

July 8, 2020
BusinessTechnology

Daimler AG Sharpens Cost Cutting With Sales Recovery on Horizon

Daimler AG CEO Ola Kallenius will widen cost cuts to shore up returns, even as the German manufacturer signaled demand for cars and trucks has started to recover from the most dramatic slump in decades.

July 8, 2020
BusinessTechnologyLogisticsTop 100

Walmart Jumps With Amazon Prime Challenger Nearing Debut

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.鈥檚 Prime program, according to a person familiar with the plans.

July 7, 2020
BusinessTechnologyAutonomous

Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley

Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an 鈥渆xtraordinary鈥 rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don鈥檛 recommend buying Tesla shares.

July 7, 2020