Leading connected vehicle platform accelerating momentum with OEMs, fleets and developers Platform Science, the leading edge application platform for transportation raised $125 million in growth capital to accelerate innovation in the commercial transportation sector. Key strategic investors included C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider. New financial investors included Activant Capital, BDT & MSD […]
Grant Investment is Pivotal in Reducing Air Emissions The U.S. Department of Transportation’s Federal Highway Administration announced that Texas was awarded a $26.9 million grant for the Port Houston new clean truck program to help reduce air emissions. Port Houston’s CLEANSTACS Program (Catalyzing Lower Emissions with Alliances and New Systems in Trucking and Community Sustainability) […]
The new integration marks another way Relay is helping fleets digitize over-the-road expenses on a single payment network Relay Payments, the fintech company modernizing payments for the trucking and logistics industries, launched an integration enabling carriers and drivers to seamlessly pay with Relay for more over-the-road expenses. Fleets can now use their Relay accounts in […]
Cummins’ B hybrid-compatible diesel engine with BAE Systems’ drivetrain system targeted for launch in 2027 BAE Systems (LON: BA) and Cummins Inc. have announced plans to collaborate on the integration and certification of a B hybrid-compatible diesel engine and hybrid electric drivetrain for the transit market, targeted for launch in 2027. The hybrid electric solution […]
Index Fell 1% from March 2023 American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 2% in March after increasing 4% in February. In March, the index equaled 113.4 (2015=100) compared with 115.7 in February. “Tonnage in March suggests that truck freight volumes remain lackluster, and it is clear the truck freight recession […]
Dedicated trucks will utilize recently built charging infrastructure installed by SDG&E designed to provide reliable and accessible charging options for medium- to heavy-duty electric freight trucks crossing the U.S.-Mexico border San Diego Gas & Electric (SDG&E) and Bali Express announced the historic crossing of a Class 8 heavy-duty electric freight truck from the U.S. into Mexico. The […]
