11 Feb Biden Says China Will ‘Eat Our Lunch’ Without Infrastructure Plan President Joe Biden urged Congress to move quickly on a large infrastructure improvement plan in a meeting Feb. 11 with four senators, declaring that China is poised to “eat our lunch” otherwise. Read more...
11 Feb VW, Microsoft Extend Collaboration to Self-Driving Car Software Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving. Read more...
11 Feb Uber Narrows Loss in Fourth Quarter Uber Technologies continued to post large losses in the fourth quarter, but said its freight business is growing quickly yet remains unprofitable. Read more...
11 Feb Amazon-Backed Rivian Reportedly Eyes EV Plant in Europe Rivian Automotive Inc., the electric-vehicle maker backed by Amazon .com Inc., is scouting locations in Europe to build a new factory, according to people familiar with the matter. Read more...
11 Feb XPO Reports Highest Quarterly Revenue Ever at $4.67 Billion XPO Logistics Inc. posted better-than-expected earnings and its highest-ever quarterly revenue for the fourth quarter of 2020. Read more...
10 Feb Connecticut Gov. Ned Lamont Proposes Mileage-Based Fee on Trucks In his recent budget address, Connecticut Gov. Ned Lamont proposed a mileage-based fee on tractor-trailers estimated to raise $90 million annually. Read more...
10 Feb Toyota to Add Electric, Plug-in Hybrid Vehicles DETROIT — Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the U.S. this year as the parade of new EVs continues. Read more...
10 Feb Tribe Transportation Grows Trailer Fleet Tribe Transportation announced it expanded its fleet with 111 new 53-foot trailers equipped with Carrier Transicold X4 7500 refrigeration units to help it meet demand in the fast-growing life sciences sector, including transport of pharmaceutical products. Read more...
10 Feb Cruise Posted Most California AV Testing Miles in 2020 Cruise clocked the most miles of any company testing self-driving vehicles in California in 2020, according to new reports from the state’s Department of Motor Vehicles. Read more...
10 Feb Class 8 Retail Sales Rise 7.7% in January Class 8 U.S. retail sales in January improved 7.7% compared with a year earlier, reaching 16,844 compared with 15,645 in 2020, WardsAuto .com reported. Read more...