ACT Research reports Class 8 same dealer used truck retail sales volumes slowed in June (-5.3%) Counter to historical seasonality, preliminary Class 8 same dealer used truck retail sales volumes slowed in June (-5.3%), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. […]
Drivers reported that the vehicles performed better than the usual diesel vehicles and they preferred the smooth and quiet driving experience VEV, the e-fleet solutions provider backed by Vitol – a world-leader in the energy sector – reveals the results of its highly successful collaboration with public services provider, Serco, and RVS, following the conclusion of a pilot […]
Proceeds from the fundraise used to fund the acquisitions of NETS, CTL and TIP Canada; Underscores I Squared’s ability to build and scale platforms I Squared Capital, independent global infrastructure investment manager, has raised in excess of $600 million from Mubadala Investment Company (“Mubadala”), the Abu Dhabi sovereign investor, Qatar Investment Authority (“QIA”) and others […]
Series A funding to accelerate platform development and market reach Alvys, the next-generation logistics operating platform for logistics and supply chain management, has raised $20.5 million in a Series A funding round. The round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire. The successful achievement of this round solidifies Alvys’s position as a […]
Cummins to invest a total of $150 million in battery electric vehicle component manufacturing and job creation Cummins Inc. announced that the company has been awarded $75 million to convert approximately 360,000 sq. ft. of existing manufacturing space at its Columbus (Indiana) Engine Plant (CEP) for zero-emissions components and electric powertrain systems. The $75 million […]
Continental’s in-tire sensor data and Samsara’s trailer data will give comprehensive trailer status information for highly efficient and sustainable fleet management Continental will be partnering with Samsara, a global telematics provider. The goal of this integration will be to deliver comprehensive, data-driven fleet management solutions with a focus on truck trailers. To accomplish this, both […]
