Commercial Ops Debut Coming Fast for VNL Autonomous Truck
The start of commercial operations for factory-built autonomous Class 8 tractors by Volvo Autonomous Solutions and Aurora Innovation is due in a matter of days.
Voltera Raises $50 Million to Boost Expansion Plans
Voltera also raised $100 million in debt financing in August. The funds will also be used for building out the company’s planned network of charging sites.
Uber Freight Launches Capacity-as-a-Service Platform
A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.
Mack to Launch New Flagship Semi in 2025
Whether the tractor will be an update of Mack’s existing on-highway flagship, the Anthem, or a new model altogether is unclear.
Volvo Aims to Raise Share of North American Truck Market
Volvo Trucks is targeting a 25% North American heavy-duty truck market share by 2030, according to executives at the company.
Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move
Truck maker Nikola recently reduced staffing levels as it seeks to control costs.
Westport Q3 Loss Narrows as Cespira JV Ramps Up
Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.
TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western
TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.
Hyzon Q3 Loss Narrows; Hunt for Funding, Tie-Ups Accelerates
Losses at Hyzon narrowed in the third quarter of 2024, but the hydrogen fuel cell electric truck maker’s cash reserves continue to erode rapidly.
Nonprofit to Buy Up to 500 Battery-Electric Drayage Trucks
The first customers are set to be carriers operating at the ports of Los Angeles and Long Beach — the largest two ports in the U.S. by import volume.