Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.
April 18, 2019GovernmentBusinessTechnologyEquipmentSafetyFuelEditorial
Editorial: Earth Day Salute to Cleaner Trucks
The launch of the Nikola Two tractor just days ahead of Earth Day — April 22 — was a fitting and, perhaps, deliberate gesture by the company to spotlight the trucking industry’s progress in improving its level of environmental responsibility.
April 17, 2019BusinessTechnologyLogistics
Amazon Is Said to Prepare Closing of Chinese E-Commerce Store
Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.
April 17, 2019BusinessTechnology
Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW
Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.
April 17, 2019BusinessTechnologyFuel
Nikola Rolls Out Trucks for Zero-Emissions Future
SCOTTSDALE, Ariz. — Nikola Motor Co. CEO Trevor Milton, 28 months after unveiling a prototype Class 8 sleeper, presented to about 2,000 attendees and a global audience watching online two heavy-duty trucks and three other specialty vehicles he said are ready to spark a zero-emissions future.
April 17, 2019BusinessTechnology
Unveiling of Nikola Two, Nikola Tre
Nikola Motor Company showcased five zero-emission products at its Nikola World event in Scottsdale, Ariz., April 16, 2019, including its hydrogen fuel cell Class 8 Nikola Two for long-range driving.
April 17, 2019GovernmentBusinessTechnologySafety
Mapillary Assists Transportation Agencies With Safety
Mapillary, a street-level imagery platform, has announced that photologs with 40 million images of about 270,000 miles of road data have been uploaded to its system to improve safety in the commercial and commuter transportation sectors.
April 17, 2019GovernmentBusinessTechnologyEquipmentSafetyAutonomous
FMCSA Grants SmartDrive Five-Year Exemption Regarding ADAS Camera Placement
Federal trucking regulators on April 15 granted SmartDrive System Inc. a five-year exemption to allow an advanced driver assistance system (ADAS) camera to be mounted lower on truck windshields than currently is permitted.
April 16, 2019BusinessTechnology
Corcentric Completes Two Acquisitions to Expand Payment Services
Corcentric, a company that provides systems to manage payments for transportation and other businesses, has purchased substantially all of the assets of Determine Inc., a cloud-based payment software provider, for $32 million in cash.
April 16, 2019BusinessTechnology
ValueAct Bets on Success of Hydrogen Fuel With Nikola Motor
ValueAct Capital Management has built a new position in Nikola Motor Co., a closely held hydrogen fuel cell trucking company seeking to raise $1.5 billion to expand in the U.S., starting on the West Coast.
April 16, 2019