Cummins Posts Higher Revenue, Income in Q1
Cummins Inc. reported first-quarter net income and revenue soared with recoveries in the North American truck and global construction markets.
May 4, 2021Matthias Jurytko to Head Daimler Truck AG-Volvo Fuel Cell Venture
Daimler Truck AG and Volvo appointed Matthias Jurytko as CEO of cellcentric, their new fuel cell development 50-50 joint venture. He is scheduled to assume the post June 1.
May 4, 2021US Trade Gap Widened to Record $74.4 Billion in March
The U.S. trade deficit widened to a record in March as the value of imports surged to a new high.
May 4, 2021Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.
May 4, 2021Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery
Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.
May 4, 2021XPO Reports Highest Quarterly Revenue Ever in Q1
XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3.
May 3, 2021Velociti Opens Technology Innovation Lab
Velociti is aiming to help enterprise businesses develop technology innovations with the opening of Velociti Innovation Lab, the company announced April 28.
May 3, 2021Lumber Hits Record on Tight Supply, High Demand
Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.
May 3, 2021TFI International Completes UPS Freight Acquisition
TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30.
May 3, 2021Mack Trucks Commemorates 100 Years in Canada
Mack Trucks is celebrating a century of operations in Canada, the company announced April 26.
May 3, 2021