A growing number of motor carriers are taking advantage of remote diagnostics to streamline vehicle maintenance and reduce downtime, but fleets must know how to filter through the data to use this information effectively.
Category: News
Spending on Global Energy Transition Hits Record $500 Billion
The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.
Yellen Says Aid to Jobless, Small Firms ‘Biggest Bang’ for Buck
Janet Yellen told lawmakers Jan. 19 that help for the unemployed and small businesses would provide the “biggest bang for the buck” as she made the case for President-elect Joe Biden’s $1.9 trillion COVID-19 relief plan.
Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.
Incoming CEO of XPO Spinoff Company Outlines Plans
Malcolm Wilson shared his hopes and plans Jan. 15 for when he becomes the first CEO of a new company splitting from XPO Logistics Inc.
Truck Tonnage Surges in December to First Year-Over-Year Gain Since March
Trucking closed the tumultuous year of 2020 on an upswing, as truck tonnage in December rose a seasonally adjusted 2.3% year-over-year, American Trucking Associations reported.
Kodiak Begins Regular Disengage-Free Autonomous Deliveries
Kodiak Robotics Inc. announced trucks equipped with its Kodiak Driver autonomous system have begun making regular disengage-free customer deliveries on the middle-mile route on Interstate 45 between Dallas-Fort Worth and Houston.
GM, Microsoft Lead $2 Billion Funding Round for Cruise
General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.
December Classes 4-7 Sales Improve Over 2019
Classes 4-7 sales in December accelerated overall to clear 24,000 and move 6.2% higher compared with a year earlier, WardsAuto.com reported.
December Classes 4-7 Sales Improve Over 2019
Classes 4-7 sales in December accelerated overall to clear 24,000 and move 6.2% higher compared with a year earlier, WardsAuto.com reported.