With 14,200 reservations for its autonomous trucking software, Embark Trucks predicts it will surpass the first-year revenue target.
The collective odometer on evaluation units of Daimler Trucks’ eCascadia and eM2 box trucks crossed 1 million miles.
The fusion of Aurora Driver with Uber ATG autonomous software brings the technology developer closer to commercialization.
Sweden’s Einride startup attracts multiple global investors for scaling its cabless and driverless freight pods with U.S. entry this year.
Canadian trucking giant Mullen Group wades into truck sales after acquiring a small Volvo and Mack dealership as part of the acquisition of British Columbia’s Bandstra Group.
In today’s edition of The Daily Dash, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong Q3 earnings and more charges in the Louisiana investigation into staged truck accidents.
Volvo Group Q3 sales and earnings trailed last year. But a recovery in heavy-duty truck orders and market share gains in North America improved a bleak picture.
Denny Slagle retired as Volvo Group executive vice president and Mack Trucks president in 2018.
In today’s edition of The Daily Dash, Schneider National, Navistar and Volvo Trucks North America all announced advancements to electric vehicle testing and charging networks. Plus, a warehouse robotics company and 3D additive printing firm land investment rounds.
Partnering with TuSimple, Navistar shaves up to five years off industry timeline for driverless trucks, targeting 2024 to sell autonomous semis.
