18 Aug Uber Acquires Self-Driving Truck Startup Otto Ridesharing company Uber said it has acquired Otto, a startup firm that is developing a self-driving aftermarket kit for heavy-duty trucks. Read more...
18 Aug Weekly Jobless Claims Numbers Indicate Job Market Remains Healthy Fewer Americans than forecast filed applications for unemployment benefits in the week ended Aug. 13, indicating the U.S. job market remains healthy. Read more...
17 Aug XPO Logistics Continues to Restructure Debt XPO Logistics has priced $1.64 billion in refinancing of its existing term loan, as part of an effort to improve cash flow by reducing annual interest costs by about $40 million. Read more...
17 Aug I-15 Reopens in Both Directions Amid Spreading California Wildfire After being shut for 36 hours because of the Bluecut wildfire that has been engulfing part of the area around San Bernadino, Interstate 15 southbound reopened at 10:45 A.M. on Aug. 18. Read more...
17 Aug Omnitracs Launches Onboard Video System Omnitracs has jumped into the burgeoning in-cab camera market with its own onboard video system called Critical Event Video. Read more...
17 Aug DOE Launches SuperTruck II to Go Beyond New GHG Rule The Department of Energy announced its SuperTruck II initiative to more than double the freight efficiency of Class 8 trucks and go beyond provisions in the new federal Phase 2 greenhouse-gas emissions rule affecting heavy- and medium-duty trucks, as well as trailers. Read more...
17 Aug Orange EV Offers New Electric Terminal Truck Orange EV said it is accepting orders for its all-new T-Series electric terminal truck. Its initial model was completely remanufactured. Read more...
17 Aug In Essence, Boyd Bros. Trucker Charlie Walker has Driven to the Moon and Back Six Times Charlie Walker is in an exclusive club, having driven more than 3 million miles over three decades with nary a fender bender for Birmingham, Alabama-based transportation company Boyd Bros. Read more...
17 Aug Analysis: Maersk's Sinking Feeling It's a sign of stunted investor expectations when an 89% slide in quarterly profit triggers a 3% share price jump. Read more...
16 Aug Kenworth to Make Only 500 More T660s Kenworth Truck Co., a unit of Paccar Inc., announced that it would sunset production by year-end of its T660 model after a run of 10 years and is offering customers a final chance to order one, as it intends to build just 500 more. Read more...