30 Jun Waymo Targets Southwest Freight Corridor for Autonomous Truck Tests As it moves forward with autonomous truck development, Waymo plans to focus its 2020 testing efforts on the southwest shipping corridor that includes Texas, New Mexico, Arizona and California. Read more...
30 Jun Workhorse Valued at $1 Billion Shares of Workhorse Group Inc., a maker of electric delivery vehicles, are surging as investors bet the Trump administration will want the company and a fellow Ohio-based affiliate to succeed. Read more...
30 Jun Hyliion Electrified Powertrain Steps Up to Go 1,000 Miles on a Tank Thomas Healy, the founder and CEO of Hyliion Inc., used to feel like he was on the sidelines of trucking’s electric playing field, but not anymore. Read more...
30 Jun Tests Show Cylinder Deactivation Improves Next-Gen Engines, Jacobs Says Jacobs Vehicle Systems’ cylinder deactivation technology delivered a “host of performance-enhancing benefits” in a recent independent validation, the company announced, including raising exhaust temperature and improving fuel consumption. Read more...
30 Jun Mark-It Express Acquires Sava Transportation Mark-It Express Logistics took another step in its expansion plans by acquiring the operating assets of Sava Transportation, the company announced June 30. Terms were not disclosed. Read more...
30 Jun EPW Chairman John Barrasso: Dems’ Infrastructure Bill a ‘Road to Nowhere’ House Democrats’ $1.5 trillion infrastructure proposal that has reached the floor of the chamber drew criticism from the top Republican on the Senate’s highway policy panel. Read more...
30 Jun Saudi Oil Cuts Take Seven Supertankers a Day Off the Market Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Read more...
30 Jun US Consumer Confidence Posts Biggest Increase Since Late 2011 U.S. consumer confidence rose in June by more than forecast as optimism increased amid business reopenings, though sentiment remained well below pre-pandemic levels. Read more...
30 Jun Arizona DOT Installs Truck-Screening Technology to Improve Commerce In an effort to improve the flow of freight, the Arizona Department of Transportation has installed technology that screens moving trucks at several ports of entry. Read more...
30 Jun Uber Reportedly in Talks to Buy Delivery Rival Postmates Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders during the coronavirus pandemic. Read more...