Category: News

Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.

The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.

Nationwide Transport, a $5.2 million trucking startup, staged its grand opening in La Grange, Mo., in a facility located along the Mississippi River banks on the state’s northeastern border opposite Illinois.

Profit at ArcBest rose 16.1% year over year in the second quarter as an improvement in less-than-truckload revenue per shipment and an increase in prices trumped a decline in shipments.

Continental AG is considering spinning off and listing its struggling automotive business to separate it from the German parts maker’s more successful tire operations.

Later this month, 422 elite truck drivers will descend on Indianapolis for the National Truck Driving Championships  with the goal of emerging as the best in the country. 

The long-awaited subway project linking California’s Silicon Valley to parts of the San Francisco Bay Area is set to receive $5.1 billion in federal funding.

Hub Group profit in the second quarter of 2024 fell due to the ongoing weakness in the North American freight market, but a final-mile acquisition in December 2023 offered a bright spot.

An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.

Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.