10 Jul 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. Read more...
10 Jul 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. Read more...
10 Jul Oil Refineries in Texas Grapple With COVID-19 Outbreaks Oil refineries aren’t being spared as COVID-19 sweeps through Texas, which is setting records for new infections and hospitalizations in the U.S. almost daily. Read more...
09 Jul Volkswagen Risks Diesel Claims Across EU After Court Ruling Volkswagen AG vehicle owners can sue the carmaker over diesel-emission manipulation anywhere in the European Union, the bloc’s top court said in its first ruling on the scandal. Read more...
09 Jul Wisconsin Officials Announce $160M in Aid for Local Governments More than $160 million in transportation aid will be directed to local government agencies in Wisconsin, state officials recently announced. Read more...
09 Jul 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. Read more...
09 Jul Amazon Aviation Fuel Deal Adds to Demand for Lower-Emissions Alternatives Amazon.com Inc. will buy an aviation fuel blend made from used fats, oils and greases over the next 12 months as it searches for ways to reduce the greenhouse gas emissions of its growing air cargo operations. Read more...
09 Jul FHWA Awards $15.1 Million for Alternative Funding Pilot Projects The Federal Highway Administration awarded $15.1 million in Surface Transportation System Funding Alternatives grants July 9. Read more...
09 Jul Class 8 Orders Rise 23.2% in June North American Class 8 orders in June approached replacement levels and reached the second-highest volume of the year. Read more...
09 Jul Driver’s Untreated Sleep Apnea Contributed to 2018 Fatal Crash, NTSB Says A National Transportation Safety Board investigation concluded that lack of a “robust medical certification evaluation process” on the federal level to identify and treat commercial drivers at high risk for obstructive sleep apnea was one of three safety issues that contributed to a fatal, multivehicle heavy truck-involved crash in 2018. Read more...