Foreign direct investment hits record $31B in Mexico in first half of 2024
Mexico registered a record $31 billion in foreign direct investment in the first half of the year.
Mexico registered a record $31 billion in foreign direct investment in the first half of the year.
Is wireless charging an idea whose time has come for electric trucks? In some use cases, the answer is yes.
A new Volvo heavy-duty truck manufacturing plant in Mexico is expected to be operational in 2026.
Could electric trucks find a new power source in decommissioned power plants. Zeem Solutions plans to find out.
The electric grid holds more potential for electric truck charging than utilities currently allow. A big rethink is under way.
Battery-electric trucks and the infrastructure to charge them require joint development, a lesson fleets are learning from early adopters.
Volvo recently announced its plan to construct an electric charging corridor in California.
A joint venture focused on automated manual transmissions is responsible for the practical end of manual gearboxes in heavy-duty trucks.
Some 1,500 supply chain professionals met at FourKites Visibility 2021 to discuss the present and future of visibility in supply chains.
Self-driving technology startup Embark Trucks develops a universal autonomous driving system that will work in semis from the four largest manufacturers.
Shippers are looking to speed up delivery and avoid long wait times by utilizing space on the East Coast. As a result, import volumes at eastern ports are on the rise.
The German automaker wants to put all its time and energy into R&D and building infrastructure that supports the production of EVs, such as plant improvements and equipment upgrades.
In today’s edition of The Daily Dash, what comes next for Brad Jacobs and XPO? Plus, Transport America positions for the future and U.S. Xpress seeks answers to improving driver efficiency.
On Dec. 1, KCS announced that the blockades had officially come to an end. The Mexican economy has taken a hit due to the pandemic and the protests only added to the hurt.
An increase in consumer demand is causing a container clog, with many ports and carriers running out of space. This surge has caused container prices to sharply increase, forcing automotive suppliers to pay a pretty penny for real estate on these large container ships.
In today’s edition of The Daily Dash, YRC announces changes, tapping of loan agreement, plus Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.
Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson. Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were […]
European supply chain platform Shippeo raises $22 million for expansion. Plus, Rhode Island aims to boost truck toll fees, global container movement falls and Nikola unveils electric pickup.
Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
Mexico’s national association of heavy duty truck and bus manufacturers (ANPACT), reported the manufacture of commercial trucks grew 6% in July, producing 20,006 units, when compared against 18,863 units in […]
Should you own your own heavy duty truck or consider leasing?
Class 8 truck orders rose sightly in June from May’s figures, but posted their worst first six months of the year since 2010.
President Trump and Prime Minister Trudeau agree to implement agreement that has the potential to speed up the flow of goods between the two countries.
Apps collaborate to deliver to Ford cars.
Fleet owners are being fed data through a fire hose and need better tools and support to make sense of it all, agreed a panel of experts during a connectivity solutions forum held at ACTEXPO this morning.
Volvo Trucks North America recalled 14,009 2018-2020 VNL and VNX heavy-duty trucks because the adhesive bond between the glass and hinge of the sleeper bunk window may detach and fall from the vehicle.
Utilities aim to meet ambitious goals of reducing emissions across western U.S., but technology and financing remain big hurdles.
This year will see Volvo and Daimler put electric Class 8 trucks to test, as start-ups still have few commercially available models.
Volvo has started testing connected vehicle technology in California, plus Michigan governor pitches fuel tax hike, California legislator wants to phase out diesel engines and Alibaba buys into delivery company.
From Uber’s diversification to the promise of improved trade between the U.S. and China to how we prepare for changing markets and industry models. All this and more in today’s headlines.
January new truck orders have fallen 26 percent from December, continuing a trend that has developed after record-breaking months last year.
Volvo Trucks enters the electromobility age with FE and FL Electric truck variants and Vera, a fully autonomous electric truck concept that could redefine transportation within logistics hubs.
Volvo Trucks has unveiled its concept autonomous electric vehicle that it believes could help create a more efficient and cleaner transportation network, while acting as a complement to existing solutions.
FreightWaves spoke to Bill Rinna, Director of Americas Vehicle Forecasts for LMC Automotive to learn more about the threat Hurricane Florence poses to the auto industry.
So much for the summer doldrums. New truck orders, which typically take a dip in the summer months as both carriers and OEMs reset for the fall, hit a new all-time high in July, according to the latest data from ACT Research.
Cummins Inc. announced record earnings for its second quarter this morning, and that news was immediately overshadowed by an engine recall that has already impacted 230,000 vehicles and now will encompass an additional 500,000 heavy-duty truck models.
Covering 14 acres, TEC Equipment’s new Mack/Volvo dealership in Fontana, CA, is designed to improve customer service and features many driver amenities.
Volvo’s Q2 had the company’s sales earnings climb past hundred billion Swedish kronor, buoyed by double digit growth figures around the world except Europe, where its market has stabilized and is at the point of saturation.
Fleets ordered 41,800 new trucks in the month of June, making last month the busiest June on record. OEM stock prices rose on the news, and their order backlogs continued to lengthen.
The technology and product offerings for LNG/CNG Class 8 trucks are well ahead of battery-electric vehicles. Rising diesel prices may spur another wave of natural gas-powered truck adoption.
While many other trucking manufacturers talk about uptime, Volvo Trucks noted at its Technology & Maintenance Council 2018 Annual Meeting & Transportation Technology Exhibition press conference that uptime has been a central pillar of service for the company since 1997.
Geely, owner of Volvo Cars, has acquired a stake in Daimler AG and it has upset AB Volvo, which has decided not to put Volvo Cars’ chief executive up for re-election to its board.
Conditions improved slightly for shippers in November according to FTR’s Shippers Conditions Index (SCI). The SCI recorded a -8.9 for November, slightly better than October but still solidly negative, the firm said.
On Monday Uber announced its agreement to purchase 24,000 self-driving Volvo XC90 SUVs for $1.4B, accelerating the auto industry’s shift to shared, autonomous transportation-as-a-service.
Anyone that has ever bought a house or vehicle knows how much of a pain it is and that is assuming you have a clean title. If not, all bets are off. With blockchain, the transfer of assets could be instant and without the risks normally involved in buying and selling.
Following a disappointing retreat in orders in May, Class 8 truck orders rose in June according to data just released. That reinforces the outlook for the remainder of 2017 as many of the orders are for fourth quarter delivery, according to FTR.
Walmart is testing a program where store associates will deliver online purchases, which could have a major impact on package delivery companies. Also, Waymo is testing a self-driving truck and monthly freight index climbs.
Volvo Group and recycling company Renova are testing a self-driving refuse truck in Sweden that uses sensors that continuously monitor the vehicle’s path and stops the truck immediately if an obstacle appears. Volvo released a video of the vehicle in action.
Volvo Group is testing a self-driving refuse truck. The truck allows a driver to walk behind the vehicle collecting refuse container. Also, it may be easier to test truck drivers for sleep apnea following a court ruling and the prospects for industry growth are perking up.