The U.S. transportation sector is in a better position to handle disruptions from the Red Sea with efforts to improve capacity amid a slowdown in freight, according to experts.
Category: News
Self-Driving Firm Recogni Nabs $102 Million to Make AI Chip
Recogni Inc., an artificial intelligence startup that builds tech for autonomous vehicles, has raised $102 million in funding after expanding into designing chips for generative AI.
Parts Supplier Forvia to Cut 10,000 Jobs, Look to AI
Auto parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap AI to better compete in the shift to electric cars.
Walmart Posts Strong Q4, Weakens Forecast on Less Spending
NEW YORK — Walmart reported another quarter of great results, ending 2023 on a high note as low prices attract shoppers looking for deals in an economically challenging environment for many.
Minnesota Report Calls Electric Longhaul Trucks Impractical
State lawmakers rushing to jump on the battery-electric vehicle bandwagon for longhaul trucks will create a web of operational roadblocks and other problems, a new report says.
Crossword Puzzle Solution for February 19, 2024
Here’s the solution to the crossword puzzle found in the February 19, 2024 print edition.
TMC Has Full Agenda Planned for Annual Meeting
TMC Executive Director Robert Braswell said challenging technical issues and industry innovation will be in the spotlight March 4-7 in New Orleans.
Samsara Files Complaint Against Motive With Trade Commission
Alleging that Motive Technologies Inc. has engaged in unlawful patent infringement practices, Samsara Inc. has filed a complaint with the U.S. International Trade Commission.
Bridgestone Q4 Profit Dives as Truck Tire Demand Slumps
Profits at Bridgestone Corp. dived in the fourth quarter of 2023 on the back of what the Japanese tire manufacturer said Feb. 16 was a remarkable slump in demand.
Universal Logistics Beats Q4 Expectations
Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.