-
Truck Talk: Throwing Shade Edition
Friday, August 27, 2021 - 1:48pm | 1598This week, Plus CEO David Liu talks about autonomous trucking in China; debating the limitations of real-world autonomous miles versus simulations; and hybrid powertrain maker Hyliion's addition of a second secretary of transportation to its board. Was this forwarded to you? Click here to get...
-
Breaking: Amazon-Backed Rivian Files For $80B IPO
Friday, August 27, 2021 - 12:19pm | 741Electric vehicle maker Rivian has confirmed it has filed confidentially with the Securities & Exchange Commission for an initial public offering that could value the company at $80 billion, according to reports. "The size and price range for the proposed offering have yet to be determined,"...
-
Shares Of NVIDIA Corporation (NVDA) Rise Above Previous 52-Week High
Friday, August 27, 2021 - 11:41am | 711The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. NVIDIA Corporation (NASDAQ: NVDA) traded today at a new 52-week high of $225.73. Approximately 6.1 million shares have changed hands today...
-
Aurora Closes In On Production Version Of Self-Driving Truck Technology
Friday, August 27, 2021 - 10:28am | 1182Aurora Innovation developed a Level 4 autonomous truck back in 2018, but it didn't really focus on commercial vehicles until 2020. Now, with Volvo and Peterbilt in line for its self-driving system, Aurora is closing in on a production-intent version. The Mountain View, California-based company is...
-
Transforming The In-Auto User Experience — Transmission
Thursday, August 26, 2021 - 3:00pm | 329Most automakers rely on "just-in-time" manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that's where AIT Worldwide Logistics comes in. AIT's automotive logistics professionals are the experts at developing...
-
Point Pickup Technologies Acquires E-Commerce Tech Platform GrocerKey
Thursday, August 26, 2021 - 11:06am | 767Same-day delivery firm Point Pickup Technologies has acquired GrocerKey, a white label e-commerce technology platform. Point Pickup expects the acquisition to provide it an end-to-end e-commerce platform, from pick-and-pack to last-mile delivery. Terms were not disclosed. "With almost 68 million...
-
The Zero-Emission Trailer Solves Challenges Of Electric TRU
Monday, August 23, 2021 - 11:54am | 1003By Beto Dantas, ConMet's Chief Technology & Innovation Officer Across the commercial vehicle industry, tightening regulations and an increased focus on Corporate Social Responsibility are driving fleets toward electrification. Many fleets have been investing in electric technology for light...
-
Connected Technology And Autonomous Trucking: Then, Now, And In The Future
Monday, August 23, 2021 - 11:52am | 900By Paul Washicko, VP & GM ConMet Digital Business Unity In the commercial vehicle industry, professionals are always looking to enhance key areas of their business, from the total cost of ownership of their assets to the wellbeing of their employees. The desire for continuous improvement has...
-
Nvidia Delivered But Its Crypto Product Fell Short
Friday, August 20, 2021 - 9:57am | 782On Wednesday, Nvidia (NASDAQ: NVDA) reported its second-quarter earnings and succeeded in beating Wall Street estimates on the back of strong graphics card sales. However, its cryptocurrency chip product, CMP, had lower sales than Nvidia itself had predicted in May. Still, shares were up 2% upon...
-
Delivering With Heart
Wednesday, August 18, 2021 - 4:03pm | 391On today's episode, Dooner and The Dude are talking to Tive CEO Krenar Komoni about how the company is working with customers to ensure critical, lifesaving, time-sensitive shipments are on time and in full. Find out how organs for transplant go missing and how tech aims to prevent it....
-
Ryder Storms Deeper Into Trucking Autonomy In Tie-Up With Waymo Via
Wednesday, August 18, 2021 - 10:26am | 612Ryder System, Inc. will provide maintenance for Waymo Via as the Google-backed autonomous driving software developer begins revenue-generating freight runs in Texas from a new transfer hub that Ryder helped design. Miami-based Ryder (NYSE: R) also is working with Waymo Via rival TuSimple (NASDAQ:...
-
Milton's Sell-Off: Indicted Nikola Founder Dumps 7M Shares, Transfers 600,000 Others
Monday, August 9, 2021 - 12:17pm | 919Indicted Nikola Corp. founder Trevor Milton sold 7 million of his 79 million shares in the electric truck startup last week, pulling in $71.5 million that he may need for his legal fight against federal fraud charges. Separately, Bloomberg reported Milton has hired two lawyers who defended Tesla...
-
Truck Talk: Autonomous Hitching Edition
Friday, August 6, 2021 - 12:05pm | 1306FreightWaves regularly covers the six startups pursuing Level 4 high autonomy on the road. This week, we're looking at autonomy from a different perspective. What happens when those trailers get to their destinations? Getting Hitched The 10 billion tons of freight moved in trailers could...
-
Nikola Moves On From Trevor Milton To Tackle Supply Chain Shortages
Tuesday, August 3, 2021 - 2:00pm | 971Nikola Corp. is unlikely to sell any battery-electric trucks this year because of semiconductor shortages for critical components, but it will let select customers and dealers use the trucks to build mileage and get retrofits later. The company said Tuesday it expects to deliver 25-50 nonsaleable...
-
TuSimple Will Use Ryder Terminals To Expand Autonomous Freight Network
Thursday, July 29, 2021 - 10:46am | 838Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s (NYSE: R) more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple'...