Tag: Trucking News

Genesee & Wyoming’s 2021 U.S. Industrial Development Results Demonstrate Customer Growth, Rising Demand for Sustainable Solutions and Increased Appeal of Multimodal Logistics

DARIEN, Conn.–(BUSINESS WIRE)–Genesee & Wyoming Inc. (G&W) today announced 2021 industrial development results, with 69 projects accounting for $1.5 billion in customer investments expected to generate more than 1,000 new jobs in communities served by the company’s 103 U.S. freight railroads. “Based on last year’s customer investments, G&W’s freight transportation services continue to be critical […]

Softeon to Showcase Smart Warehouse of the Future Capabilities at MODEX 2022 Show March 28-31 in Atlanta

Advanced Capabilities include “Always-On” Operating Mode, Automated Order and Pick Release, Order Orchestration and Optimization RESTON, Va.–(BUSINESS WIRE)–#3PL–Softeon, a global supply chain software provider with the industry’s best track record of customer success, announced this week it is featuring its software support for the “smart, automated warehouse of the future” next week at the MODEX […]

March Sales Pace Remains Constrained by Low Inventory; Incentive Spending Hits Record Low but Record Profitability Endures

TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for March 2022 are expected to decline when compared with March 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,044,500 units, a 27.8% decrease compared with March 2021 when […]

Aurora Unveils Ride-Hailing Test Fleet, Based on the Toyota Sienna

Fleet of Sienna-AutonoMaaS vehicles designed to interface with Aurora Driver Achievement of critical milestone demonstrates one of Aurora’s key competitive advantages, the transferability of its Common Core of Technology across vehicle-types DALLAS–(BUSINESS WIRE)–$AUR #aurora–Aurora Innovation, Inc. (NASDAQ: AUR) has unveiled its test fleet of its autonomous custom-designed Toyota Sienna vehicles featuring Toyota’s Vehicle Control Interface […]

EVgo Selected by California Energy Commission for Two Regional Project Proposed Awards to Support CA Rideshare Electrification

Uber and Cruise supported the applications and grants to fund development of 72 new charging stalls in California, enhancing infrastructure access and increasing EVgo network utilization amongst rideshare drivers LOS ANGELES–(BUSINESS WIRE)–EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of first electric vehicle (EV) network powered by 100% renewable […]

Alta Equipment Group Expands Nikola Dealer Network to Arizona

LIVONIA, Mich. & PHOENIX–(BUSINESS WIRE)–$ALTG—Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of construction and material handling equipment, today announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NASDAQ: NKLA) (“Nikola”), a global leader in zero-emissions transportation and energy infrastructure solutions. This agreement further expands Alta’s dealer […]