ClearMetal Gets $9 Million in Funding
ClearMetal, a San Francisco-based technology startup that is using artificial intelligence to develop what it calls “predictive logistics,” has received $9 million in second-round funding from an investment group led by Prelude Ventures and Innovation Endeavors.
September 25, 2017Gem Containers Receives Funding From Crestline
Crestline Investors Inc. will provide an unspecified amount of financing to Gem Containers Ltd. to expand its tank container leasing and management business.
September 25, 2017Volvo, Mack Looking to Boost Sales in 2018 With New Highway Tractors
ATLANTA — Volvo Trucks North America is preparing for expected heavy-duty sales growth in 2018, and two trucks introduced earlier this year, the new VNR and the remodeled VNL, will be its main warhorses.
September 25, 2017Empire Petroleum Extends Network
Empire Petroleum Partners purchases 70 Corner Store convenience store properties and fuel stations in six states from Circle K Stores Inc. and CST Brands Inc.
September 25, 2017Hyliion Receives $21 Million to Fund Production of E-Axle
Hyliion has received $21 million to fund production and technology development for its electric drive axle for Class 8 commercial vehicles, the company announced Sept. 20.
September 25, 2017Daimler Trucks Outlines Vision for Electric Vehicles, Platooning, Connectivity
ATLANTA — Daimler Trucks North America outlined its vision for electric trucks and platooning and showcased its latest advances in active safety and connectivity in the first press conference held by a truck manufacturer here at the inaugural North American Commercial Vehicle Show.
September 25, 2017ScanTech Prepares to Open Food Treatment Facility
ScanTech Sciences Inc. announced that it will partner with Freight Handlers Inc. to staff and operate the company’s first electronic cold-pasteurization food treatment center in McAllen, Texas.
September 25, 2017Old Dominion Cuts the Ribbon on 8th Illinois Location
Old Dominion Freight Line Inc. officially cut the ribbon on its eighth service center in Illinois on Sept. 21, occupied with 117 employees and 103 doors at the cross dock.
September 25, 2017Nikola Taps Bosch for eAxle, Other Key Components
Nikola Motor Co. announced Bosch Group will play a key role in supplying powertrain components for its over-the-road and day cab Class 8 hydrogen-electric trucks, which are scheduled to come to market in 2021.
September 25, 2017Safety, Productivity to Improve With Proliferation of Autonomous Trucks, Executives Say
ATLANTA — Advancements in the technology facilitating autonomous trucks will enhance safety and productivity across the freight sector, two executives helping to drive the issue said at the Connected Fleets USA conference Sept. 25.
September 25, 2017