Technology
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
CVG Q2 Results Slide
Diversified supplier Commercial Vehicle Group Inc. reported second-quarter net income and revenue fell, and new pricing began in July.
NHTSA Probes Tesla Crashes That Killed Two Motorcyclists
DETROIT — Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles.
XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict
American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.
August 4, 2022Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022Allison Cites Resilient Demand in Q2 Revenue Gain
Allison Transmission Holdings Inc. reported gains in net income and revenue in the second quarter as demand continued.
Orange EV Secures $35 Million From Outside Investor
Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures — its first large outside investor.
TA Reports Strong Q2 Net Income, Revenue
TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.
Eaton Q2 Income Up; Revenue Flat
Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.
Nikola Overcomes Founder’s Opposition to Approve New Shares
Nikola Corp. shareholders approved a measure to issue new shares to potentially raise capital, a move that founder and former chair Trevor Milton had opposed.