Autonomous trucking company Embark Trucks announced March 3 it is winding down operations and is exploring a liquidation or sale. Embark Trucks was founded in 2016 by its then 20-year-old founders CEO Alex Rodrigues and Chief Technology Officer...
Love’s Travel Stops announced its plan to open 25 new travel stops this year, creating 1,500 new truck parking spaces. That equates to 60 new truck parking spots at each location. When drivers responded to the latest survey of industry concerns...
The bill has been sent to the Iowa House, where a similar bill has been passed through committee. The passed Senate bill would limit noneconomic damages awarded in a civil lawsuit against trucking companies to $2 million, but it would not limit...
Feds conclude probe of TuSimple (TSP) autonomous truck accidentTSP +12.15% Add to/Remove from WatchlistBy Michael ElkinsAutonomous truck maker TuSimple (NASDAQ: ) announced Thursday that the Federal Motor Carrier Safety Administration has close...
Heavy equipment refers to large, complex machines that are used for heavy-duty tasks such as digging, excavating, lifting, and hauling.
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Autonomous Trucks
One of that nation’s most prominent autonomous truck companies plans to lay off more than 200 workers, according to a Friday announcement. According to a March 3 U.S. Securities and Exchange Commission (SEC) filing, San Francisco-headquartered ...
Allan Benchetrit, Algolux president and CEO (left), and Peter Vaughan Schmidt, Torc CEO. Daimler Truck autonomous technology subsidiary Torc Robotics has signed an agreement to acquire Canadian artificial intelligence developer Algolux Inc.Torc...
More than two-thirds of Americans are afraid of fully self-driving vehicles, according to a new AAA survey. When asked if they are afraid, unsure or trust self-driving vehicles, 68% of survey respondents indicated they are afraid. That is a maj...