Cummins closes $290 million acquisition of fuel cell maker Hydrogenics [Update]
Cummins Inc. closed its $290 million purchase of fuel cell maker Hydrogenics on September 9, the second major investment in fuel cell technology in less than a week.
Cummins Inc. closed its $290 million purchase of fuel cell maker Hydrogenics on September 9, the second major investment in fuel cell technology in less than a week.
The move signals the shift from a tech startup to a mature logistics operation.
Digitalization comes with its share of problems and it is vital for businesses to understand what the technology means before they go ahead and adopt it within their operations.
The Liquor Control Board of Ontario (LCBO) has joined forces with Foodora, an international food delivery app, to pilot on-demand alcohol delivery in under an hour.
Daimler Trucks is moving closer to its goal of commercially producing Level 4 autonomous trucks with public road testing in Virginia.
Risk-averse money is still entering the FreightTech space.
Closing in on China’s massive trucking market, autonomous trucking outfit Plus.ai on Sept. 6 announced a joint venture with FAW Jiefang, China’s largest truck manufacturer, to develop self-driving big rigs for the world’s most populous country. The new venture, which builds on a two-year relationship between the two companies, also is launching its first product, […]
In late August, Uber installed several self-service kiosks at Toronto Pearson International Airport.
Pilot eLCV projects are planned in the U.S. next year with local production a long-term aim.
Federal agency finds company’s “Autopilot” technology played a role in 2018 accident.
The raise suggests the mobility market is shifting in favor of companies that directly connect people to vehicles.
Nikola Corp. revealed two more funding sources of its heavy-duty fuel cell truck on Thursday, September 5. German supplier Robert Bosch LLC and South Korean solar panel maker Hanwha Group each invested at least $100 million cash in earlier funding rounds.
Brian Aoaeh writes about the disruption to supply chains caused by hurricanes and extreme weather.
Tandem Workflow, using the same customer-centered ethic that branded BOLT from the start, continues to broaden in capacity, types of freight and user audience.
Tech firm will team up with provider of pricing data to container industry to get carriers on time.
Logistics startups are using data science and mobile technologies to connect grocery shoppers with local farmers.
Using “crowd-solving” and prizes, Sea Freight Labs hopes to help shipping companies find better and faster solutions to challenges.
A round at this valuation puts Convoy one step closer to an IPO.
Europe’s air cargo industry has not been the quickest when it comes to embracing the digital world, but efforts are being made to catch up. A series of carriers have reported major digital initiatives in recent months and, not to be left behind, they now have been joined by Luxembourg-based freighter operator Cargolux. Cargolux, which […]
Auto manufacturers remain a proponent of autonomy, even if what they’re manufacturing are varieties of electric scooters and bikes.