Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW
Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.
June 2, 2020Truck Financiers Offer Flexibility During Pandemic
Like many other carriers, Bowerman Trucking in Searcy, Ark., has experienced challenges during the COVID-19 pandemic, but one group has made things easier: its creditors.
June 2, 2020Nebraska DOT Nears Construction of Fremont Beltway Project
Nebraska Department of Transportation officials announced they have secured a construction schedule for a major beltway project with the help of financial support from local representatives.
June 2, 2020ZF Forms New Division After Closing Wabco Acquisition
ZF Friedrichshafen AG has completed the acquisition of commercial vehicle technology supplier Wabco Holdings Inc., which will become ZF’s commercial-vehicle control systems division.
June 2, 2020SelecTrucks Adds Phoenix-Area Location
SelecTrucks announced it added SelecTrucks of Phoenix, a Velocity Truck Centers dealership, as the 28th location in its network.
June 1, 2020Diesel Gives Back Increase, Falls 0.4¢ to $2.386
The nationwide average price of a gallon of diesel fell 0.4 cents to $2.386, erasing the same increase from a week earlier, according to the Energy Information Administration.
June 1, 2020Konexial Announces Digital Trailer Lock
Konexial announced its My20 Locking System, a keyless, high-security digital smart-locking platform used to provide trailer and container security for its My20 ELD and fleet management customers.
June 1, 2020China Halts Some US Farm Imports, Threatening Trade Deal
Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including soybeans, as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.
June 1, 2020Senate Republicans Seek to Clear Small Business Loan Changes
Senate Majority Leader Mitch McConnell will attempt to expedite approval of changes to the popular Paycheck Protection Program aimed at giving small businesses more flexibility in using the money from the fund, according to Senate aides.
June 1, 2020Movie Industry’s Drivers Granted Exemption From Full Drug Clearinghouse Queries
A group that manages the services of an estimated 12,000 drivers for major motion picture studios and independent and commercial production houses has been granted a five-year exemption from conducting full pre-employment queries of the Drug and Alcohol Clearinghouse for its drivers, FMCSA announced.
June 1, 2020