Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.
Category: News
Walmart Names Company Veteran to Manage International Growth
Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.
DHL Buys IDS Fulfillment to Beef Up US E-Commerce Division
The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.
DAT Buys Invoice Payment Specialist Outgo
In DAT’s second acquisition in six months, the Beaverton, Ore.-based company added automated invoice payment to the truckload freight marketplace and research group’s product suite.
Court Approves Sale of Seven Additional Ex-Yellow Terminals
The court overseeing the bankruptcy proceedings of Yellow Corp. approved the sale of a further seven terminals, according to a filing.
Oregon Delays Enforcement of Advanced Clean Trucks Rule
Oregon will delay enforcing a rule that requires truck makers to increase electric truck sales in light of industry difficulties and threatened federal funding cuts.
UN Forecasts Slower Global Economic Growth
The United Nations on May 15 forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions.
Tariff Truce Boosts Global Shippers
Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.
Quebec Investors to Acquire Bankrupt Lion Electric
An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.
CVS Bids for Rite Aid Stores in Pacific Northwest
CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.