Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter.
September 13, 2021BusinessTechnologyEquipmentSafety
TMC to Fund Study of Refrigerated Carriers
CLEVELAND — The Technology & Maintenance Council of American Trucking Associations will fund a study of refrigerated carriers with an emphasis on how they manage food safety with new technology and related maintenance implications.
September 13, 2021BusinessTechnology
Walmart Denies Litecoin Pact After Hoax Jolts Crypto Market
Walmart Inc. said it hasn’t agreed to partner with Litecoin, refuting a statement earlier Sept. 13 that sent the cryptocurrency soaring.
September 13, 2021BusinessTechnologyEquipment
Jacobs Begins U.S. Production of Fulcrum Bridge Product
Jacobs Vehicle Systems, a manufacturer of engine retarding and valve actuation systems for the commercial vehicle industry, announced it started U.S. production of its Fulcrum Bridge product.
September 13, 2021BusinessTechnologyEquipmentSafety
Frequency of Roadside Repairs Decreases in Q2
CLEVELAND — Trucks during the second quarter traveled farther between unscheduled roadside repairs, according to the latest edition of the TMC/FleetNet America Vertical Benchmarking report.
September 13, 2021BusinessTechnologyEquipmentLogistics
The World’s Shippers Are Earning the Most Money Since 2008
The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.
September 13, 2021BusinessTechnologyEquipmentFuel
EV Tax-Credit Plan Draws Ire From Nonunion Toyota, Tesla
A proposal by U.S. House Democratic lawmakers to give union-made electric vehicles higher subsidies drew criticism from nonunionized automakers, including Toyota Motor Corp., Tesla Inc. and Rivian Automotive Inc.
September 13, 2021BusinessTechnologyEquipmentLogistics
Aluminum Industry Frets That Supply Snarls Have Just Begun
Supply chain snags that have roiled commodity markets and helped push aluminum prices to a 13-year high this week are unlikely to ease any time soon.
September 13, 2021BusinessTechnologyEquipment
ZF Touts Safety, Intelligence Systems
CLEVELAND — ZF Group displayed a suite of safety and intelligence systems for trucks and trailers as it moves toward its goal of becoming the leading commercial vehicle supplier.
September 13, 2021BusinessTechnologyEquipment
TMC’s Research Agenda Includes Fuel Economy, Braking Systems
CLEVELAND — American Trucking Associations’ Technology & Maintenance Council on Sept. 12 announced plans for upcoming research projects to evaluate the effects of total combination vehicle alignment on fuel economy and develop criteria to conduct performance demonstrations of at least two prototype electro-mechanical braking systems.
September 12, 2021