Category: Products

Waabi Raises $200M USD to Launch Fully Driverless Trucks in 2025

Waabi Raises $200M USD to Launch Fully Driverless Trucks in 2025

| June 18, 2024

Breakthrough generative AI technology enables unprecedented pace of development and capital efficiency in self-driving   Waabi, a company pioneering generative AI for the physical world, has raised $200 million (USD) in an oversubscribed Series B round, led by Uber and Khosla Ventures. The funding round includes participation from best-in-class strategic investors NVIDIA, Volvo Group Venture Capital, […]

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Penske Relaunches Truck Rental Website for Business Customers

Penske Relaunches Truck Rental Website for Business Customers

| June 17, 2024

The new, interactive map displays pricing at each location, simplifying the process of finding the best rental options Penske Truck Rental relaunched its newly revamped website at PenskeTruckRental.com for commercial truck rental customers. The redesigned reservation flow introduces a modern, intuitive design to enhance and speed up the customer experience, ensuring a seamless and efficient process for business […]

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Class 8 Overcapacity Boosts Inventory Expectations for 2024

Class 8 Overcapacity Boosts Inventory Expectations for 2024

| June 17, 2024

ACT Research reports near-record inventories, production of Class 8 vehicles came in well ahead of expectations Except for Class 8, trailer and Classes 4-7 forecasts were largely unchanged, as published in the latest release of the North American Commercial Vehicle OUTLOOK. “Not only did April build not slow in the face of tough freight fundamentals, […]

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HERE Technologies and AWS Unveil Comprehensive Insights on Fleet Management Trends and Technology Innovations

HERE Technologies and AWS Unveil Comprehensive Insights on Fleet Management Trends and Technology Innovations

| June 17, 2024

Survey of T&L decision-makers globally, conducted by ABI Research, identifies key barriers to adopting new fleet management solutions HERE Technologies, the leading location data and technology platform, in collaboration with Amazon Web Services (AWS), has released a new whitepaper that sheds light on the current sentiment of transportation and logistics (T&L) professionals, the critical challenges […]

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J. J. Keller Study Reports on Greatest Pain Points for Fleet Managers

J. J. Keller Study Reports on Greatest Pain Points for Fleet Managers

| June 17, 2024

Annual study provides valuable insights on the evolution of fleet management; free webcast scheduled Fleet managers continue to face the day-to-day challenges of staying up-to-date and in compliance with regulatory changes along with continuously improving driver knowledge and skills. That’s according to the newly released study conducted by the J. J. Keller Center for Market […]

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Used Truck Retail Sales Grew in May, Counter to Expectations

Used Truck Retail Sales Grew in May, Counter to Expectations

| June 13, 2024

ACT Research reports preliminary Class 8 same dealer used truck retail sales volumes continued to increase in May Counter to expectations, preliminary Class 8 same dealer used truck retail sales volumes continued to increase in May (+7.4%), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published […]

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