Volvo Group Earnings Rise on Global Vehicle Sales
Volvo Group reported strong second-quarter earnings and revenue as sales in its global vehicle-related segment rose 41% compared with a year earlier.
July 21, 2021CVSA Sidelines 1,273 Vehicles for Brake Violations
Commercial Vehicle Safety Alliance inspectors removed more than 1,200 commercial motor vehicles with critical brake violations from roadways during an unannounced single-day brake safety enforcement operation.
July 21, 2021Pacific, Atlantic Ports Report Strong June Volumes
More than six months into the economic recovery, the nation’s ports on the Pacific and Atlantic coasts continue to see record or near-record cargo loads, and port officials and economists forecast the substantial numbers likely will continue well into 2022.
July 21, 2021Startup Couriers Snatch Toehold in Biggest Shake-Up of E-Commerce Era
Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.
July 21, 2021Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push
Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.
July 21, 2021Ford, Lyft and Argo Team Up to Deploy Robo-Taxis
Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.
July 21, 2021Truck Tonnage Rises Slightly in June
Truck tonnage in June inched up 0.5% compared with year-ago levels, a slowdown compared with recent months amid a tempering of freight activity nationwide, according to American Trucking Associations’ For-Hire Truck Tonnage Index.
July 20, 2021Honda Ditches Go-It-Alone Strategy to Make Safer Move Toward EVs
Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded to improve economies of scale. That strategy is changing now that the Japanese automaker is shifting more aggressively to electric vehicles.
July 20, 2021Haldex Reports Higher Earnings, Revenue as Markets Rebound
Braking and air suspension systems provider Haldex reported positive net income and a 30% gain in revenue for the second quarter, ended June 30.
July 19, 2021GM Announces Ultium Charge 360
General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.
July 19, 2021