Financially struggling Nikola Corp. wants shareholders to double the company’s authorized shares so it can pay its loans in stock.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
Volvo posted unexpectedly strong preliminary sales and earnings in Q1, reversing a dour projection made just months ago. (Photo: Volvo Group)
Lidar maker Ouster sued Chinese rival Hesai alleging patent infringement, a situation the company has experienced as a defendant.
Arrival once had a $5.4 billion valuation. Its $524 million valuation in the electric van maker’s second SPAC is about 10% of that.
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
Kodiak Robotics was shooting for easier maintenance of its autonomous trucks but it made them appear more normal in the process.
Truck manufacturers booked about 19,000 Class 8 truck orders in March, a manageable load that lets them whittle away at backlogs.
Hydrogen fuel cells the only real option for long-haul trucking, North American Council for Freight Efficiency predicts.
Cummins used the occasion of a visit from President Biden to announce more than $1 billion of investment in its plants.
Aurora Innovation says being “feature complete” on its autonomous truck software puts it on target for driverless runs in 2024.
TuSimple plans driverless trucking on a commercial basis in Arizona next year – without a manufacturing partner.
Nikola Corp. wants to raise $100 million through a public stock offering. Dilution-fearing investors drove shares to an all-time low.
Settling multiple distractions surrounding TuSimple was Cheng Lu’s priority when he returned as CEO in November.
It’s been three months since TuSimple fired a quarter of its workforce. Three of those who survived the cuts talked with FreightWaves.
Federal guidance from 2019 suggested driverless trucks could skip electronic logging devices. Will that hold up?
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
Nikola Chief Financial Officer Kim Brady retires as electric truck maker’s financials deteriorate and stock price hovers near all-time low.
Negative headlines about Nikola Corp.’s finances raise justifiable concern. Visiting its electric truck plant tells a different story.
Autonomous trucking runs are getting longer and more frequent as Kodiak Robotics and Forward Air begin thrice-weekly Dallas-to-Atlanta roundtrips.
TuSimple co-founder Xiaodi Hou says his ouster was retaliation for failing to support a pay package for the rehired CEO whom he replaced.
La respuesta de LinkedIn afirma que la intimidación y la pérdida de dirección plagan la startup
Gatik will move grocery loads autonomously from Kroger’s Dallas distribution center to its area grocery stores, starting with safety drivers.
Xiaodi Hou habría intentado atraer a empleados a su nueva empresa
TuSimple co-founder Xiaodi Hou quit the board at the autonomous trucking startup as the company investigated him for employee poaching.
Navistar is having deja vu over a safety recall for high engine revving on International vehicles that can overwhelm the parking brake.
Daimler Truck completed its first year as a stand-alone company with financial results meeting its targets.
How confident is Kodiak Robotics of the safety of its autonomous system? How about cutting a sensor cable while the truck is running?
Mack, Isuzu and Hino offer new battery-electric medium-duty work trucks as the industry transition accelerates from diesel and gasoline power.
Cummins Inc. is rebranding its New Power division to get more attention for its investments in zero-emissions technologies.
From one store he and his wife opened in 1964, Tom Love oversaw the growth of Love’s Travel Stops to 600 locations.
Germany’s Traton Group topped $42 billion in revenue for 2022 with Navistar contributing significantly to the top and bottom lines.
The Lordstown Motors Endurance electric pickup was delayed, subject to cost overruns and now faces a safety recall.
Nikola allegedly tried to sign rival Lion Electric customers after canceling a battery supply contract with Romeo Power.
Daimler Truck North America is recalling 64,064 Freightliners for a possible complete loss of steering control.
Embark Trucks, the original autonomous trucking company, may put itself up for sale or liquidate after laying off 70% of its employees.
Class 8 truck orders defied estimates of flattening in February as fleets show they still have money to spend.
Las reservas de febrero superan las estimaciones de estancamiento, ya que las flotas siguen gastando
Volvo Group’s CampX has ushered 50 startups through its accelerator. Now it is adding an incubator for early stage startups.
In some rare good news for autonomous truck software developer TuSimple, the FMCSA closed a probe into a crash last April.
Workhorse Group is still cleaning up the mistakes of its recent past but is expressing optimism on 2023 production plans.
Hyliion Holdings is teaming up with financially struggling Hyzon Motors to develop a hydrogen-powered fuel cell version of its hybrid truck.
A faulty Bendix brake part led to a Paccar Inc. recall of 8,008 Kenworth and Peterbilt medium-duty trucks.
Nikola Corp. maintains it can raise capital through equity sales, but its auditor says that’s uncertain, prompting a notice of going concern.
Steam Logistics is hiring new employees while paying others $2,000 to quit, avoiding the costs of layoffs.
La falta de financiación hunde a la empresa que ideó los convoyes de camiones sin conductor
Autonomous truck convoy developer Locomation denied reports it is closing, but said it laid off most non-engineering employees.
Nikola is still far from positive financial territory, but the integration of major components should help bring costs down.
What does it mean to have a former Daimler Truck executive in charge of Torc Robotics? Experience guides a big mission focus
Nikola Corp. dijo en una presentación ante el gobierno el jueves que podría quedarse sin dinero en los próximos 12 meses y tener que “modificar o terminar” su negocio. La […]
This fireside chat recap is from Thursday, the third day of FreightWaves’ Global Supply Chain Week. FIRESIDE CHAT TOPIC: Sorting through supply chain issues for autonomous trucks DETAILS: Autonomous trucks […]
As Nikola Corp.’s third CEO, Michael Lohscheller expects to deliver a hydrogen fuel cell-powered truck in the second half of 2023 — and a hydrogen business.
Nikola customers will test Plus autonomy on the startup’s battery and fuel cell electric trucks this year and make it standard in 2024.
El servicio de camión como servicio podría permitir a Uber Freight utilizar camiones eléctricos
Big fleets can afford them, but are electric trucks a solution for 3PLs? Uber Freight and WattEV are working together to find out.
Daimler Truck North America is recalling 77,000 trucks for brake module corrosion, the third recall for the same issue.
Rush Enterprises mantendrá su inventario de equipos usados
Rush Enterprises will curb its enthusiasm for stocking additional inventory of used trucks until prices begin to rise again.
How long will incentives drive the transition to electric trucks and help pay for the infrastructure that powers it? It’s going to be awhile.
Kenworth Truck Co. joins a select few truck manufacturers in reaching its 100th anniversary, which features two special edition trucks.
After a surge in orders in December, trailer OEMs follow truck manufacturers in reporting slower bookings with large backlogs.
A year ago, they fought over patent infringement. Now Ouster and Velodyne are one company seeking to win in the overcrowded lidar market.
Cummins Inc. will retire two legacy engines, replacing them with one fuel-agnostic powertrain for medium- and heavy-duty trucks.
Batteries. Electrified components. Fuel cells. Cummins Inc. has plans for all of them. But hydrogen-making electrolyzers top the list.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
Glenn Ellis was named the first American-born president and chairman of the Japan-based U.S. unit of Hino Trucks.
Engine maker Cummins Inc. posted 2022 records in key financial metrics as it worked to integrate its Meritor acquisition.
Los fabricantes de equipos originales (OEM) aún esperan una producción sólida después de que los pedidos pendientes aumentaran a finales de 2012.
Class 8 truck orders in January fell year over year for the first time since August, lightening the 2023 backlog.
A cross-section of Industry experts offer thoughts on how transportation management systems will integrate with autonomous trucks.
Aligning with certain customers on long-term supply agreements helped Wabash post Q4 and full-year records.
If history is a guide, advanced technologies in Daimler Truck North America’s SuperTruck II prototype could end up in production.
The Wall Street Journal reported a federal watchdog group urged an espionage probe into TuSimple leaders, but the company denied the report.
Daimler Truck created capacity for 2,000 battery-electric trucks in 2022, but the lack of charging infrastructure stunted deliveries.
La sanción es una de las mayores impuestas por la agencia por infracciones de la Ley de Seguridad
The National Highway Traffic Safety Administration fined the Volvo Group $130 million for slow reporting of safety recalls.
Startup electric last-mile van developer Arrival cut 50% of its workforce as it tries to reduce cash burn and make it to production.
Deliberate perfectly describes Paccar’s approach to trucking electrification. The company offers nine commercial electric trucks but skips the hype.
Volvo Group set a fourth-quarter record for deliveries, but the OEM said supply chain disruptions and energy costs would impact business.
Nikola coined HYLA as the brand for its hydrogen business, and Biagi Brothers will make early fuel cell truck runs for Anheuser-Busch.
Nuevos productos, sólidas ventas de piezas y préstamos contribuyen a un trimestre extraordinario
Paccar Inc. posted record revenue and profits across the board in the fourth quarter, belying predictions of an economic slowdown.
El aumento de la fabricación de camiones nuevos ha contribuido a invertir los costos de adquisición en subastas y al por menor.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
A letter of intent for 100 of its fuel cell trucks in Germany boosts Nikola’s global zero-emission aspirations.
The government opposed a new trial for Nikola Corp. founder Trevor Milton, dismissing his allegations of juror misconduct.
James Reed is the new COO at autonomous truck startup Kodiak Robotics, possessing tech credentials unrivaled among trucking executives.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
Trailer manufacturers took in 57,300 orders in December, the second-highest monthly total since tracking began in 1996.
La recuperación de los pedidos suprimidos sesga las reservas en el último mes de 2022
Colorado startup Outrider, which transforms distribution yards into automated operations, has raised $73 million in a Series C round.
Truck-as-a-service startup Forum Mobility enters a $400 million joint venture to establish electric drayage truck charging sites.
Nikola will move battery pack manufacturing to Arizona and files layoffs notice for a former Romeo Power plant.
It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.
Nikola purchased ailing battery startup Romeo Power Systems before its likely failure, but the fallout is spreading.
Wabash has signed a multiyear trailer supply agreement with J.B. Hunt, making good on its plan to smooth out equipment ordering.
Autonomous trucking language can be a little off-putting to the uninitiated. One exception may be the term “feature complete.”
Class 8 truck backlogs enter 2023 in healthy shape despite three consecutive months of lower orders after a record September.
Microsoft Corp. is reportedly near an investment in Gatik, the middle-mile autonomous trucking startup.
A $240,000 incentive from California plus other subsidies could bring parity between a Nikola fuel cell truck and a diesel rig.