Self-driving firm PlusAI to go public via Yorkville SPAC merger
Plus Automation Inc., an artificial-intelligence company developing self-driving technology for trucks, is set to go public through a business combination...
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Transportation
Saudi AI firm Humain, Applied Intuition partner on self-driving trucks
Saudi Arabia’s Humain is partnering with Applied Intuition Inc. to deploy self-driving trucks by 2030, as the kingdom’s leading artificial...
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BMO records about $700M charge on equipment finance sale
BMO Financial Group recorded an approximately $700 million after-tax charge in its fiscal third quarter related to the pending sale...
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Einride adds 500 Tesla semi trucks to commercial fleet
Einride, an end-to-end provider of autonomous and EV freight solutions, added 500 Tesla semi trucks to its fleet after achieving...
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VW’s overhaul puts trucks stake in focus as sell-down looms
Volkswagen AG’s push to cut costs is spilling over to truckmaker Traton SE, where the German company is also preparing...
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Einride, DAF partner on autonomous electric trucks
Einride and DAF Trucks are partnering to integrate Einride’s autonomous driving technology into DAF electric trucks, advancing efforts to commercialize...
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Daimler Truck Financial Services originations rise 4.2%
Daimler Truck reported origination growth for its financial services segment in the second quarter as unit sales and incoming orders...
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RB Global inventory sales revenue climbs 28% in Q2
Commercial vehicle and equipment marketplace RB Global posted a surge in inventory sales revenue in the second quarter, driven by an expanding...
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