Compared to a year earlier, first quarter 2024 spending fell 27.9% while shipment volume dropped 21.6% The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shippers decreased 27.9% in the first quarter compared with the same period in 2023 and was […]
Under a long-term supply agreement, BAE Systems will provide its Gen3 propulsion and accessories power management system for the zero-emission fuel cell electric platform BAE Systems, a leader in heavy-duty electric propulsion, will provide its next-generation electric drive system to GILLIG, a manufacturer of heavy-duty transit buses in the United States, for its new line […]
Process can be used on end-of-life automotive batteries as well as manufacturing scrap Toyota Motor North America has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are prevalent in new electric vehicles. The […]
A white paper from Aurora Innovation examines how autonomous trucking technology can increase energy efficiency and reduce emissions in the freight and logistics industry Aurora Innovation, Inc. released a white paper indicating that autonomous trucking has the potential for significant environmental benefits. The paper finds that autonomous trucking could increase energy efficiency by up to 32% relative to […]
Collaboration signals perks for fleets AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s financial system, announced a collaboration with TravelCenters of America (TA), the nationwide operator and franchisor of the TA, TA Express and Petro Stopping Centers travel center brands. The collaboration will bring a cost savings of an average […]
Evolectric is at the forefront of transforming the commercial fleet industry with its innovative CircularEV™ conversion kit Evolectric held the grand opening of its new headquarters in Rancho Dominguez, California. This significant expansion marks a major milestone in Evolectric’s mission to accelerate the global transition from gasoline to electric vehicles through innovative and cost-effective solutions. The ribbon-cutting […]
