VW Pulls Truck Unit IPO in Setback to CEO’s Agility Revamp
Volkswagen AG canceled plans for a partial share sale in its Traton SE division, citing weak markets, a setback to the automaker’s plan to generate fresh funds for the heavy-truck unit’s expansion outside of Europe.
March 13, 2019VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars
Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.
March 13, 2019First Responders Work With Developers to ‘Teach’ Self-Driving Cars to Pull Over
What happens when police need to stop a driverless car?
March 8, 2019Waymo Begins Marketing Self-Driving Sensors
Waymo on March 6 began selling the laser-mapping sensors used on its driverless vehicles to other companies — as long as the customers don’t compete with its core robotaxi business. The sensors, known as lidar, shoot lasers off objects to determine what is nearby.
March 6, 2019Volvo Self-Driving Buses Set for Singapore
Volvo AB is ready to start trialing full-size driverless buses in Singapore, helping the city state take a step forward in the race to deploy autonomous public transport.
March 5, 2019Lyft Reveals Big Growth but No Profits as It Readies for IPO
NEW YORK — Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing.
March 4, 2019FedEx Introduces Same-Day Delivery Robot
FedEx Corp. unveiled an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to customers, showing off the robot on “The Tonight Show Starring Jimmy Fallon” on Feb. 26.
March 1, 2019Tesla Pushes Cheaper Cars, Will Move Sales Online and Close Most Stores
Tesla said Feb. 28 it will close “many” of its stores and shift to online-only sales after announcing that its long-awaited $35,000 Model 3 is available for purchase.
March 1, 2019AI in Trucking
The terms artificial intelligence and automation pepper discussions about the transportation industry’s future, often closely followed by mentions of autonomous vehicles. But while self-driving trucks are still in their infancy, AI already is influencing the back office’s digital transformation.
March 1, 2019AI and Trucking’s Future Workforce
As artificial intelligence grows more sophisticated and becomes increasingly accessible to businesses of all types, it will usher in significant changes across a broad spectrum of industries, including freight transportation.
March 1, 2019