Self-driving tech startup Waabi raises $1 billion, expands to robotaxis
Waabi Innovation Inc., a Canadian startup that develops self-driving technology for trucks, has secured $1 billion in funding for its commercial expansion, ...
Tag: trucking
PACCAR Financial, Parts rise despite softer truck demand
PACCAR reported solid financial results in 2025, with record performance from its parts and financial services divisions helping offset a ...
Autonomous trucking firm Gatik inks contracts worth $600 million
Autonomous trucking startup Gatik AI Inc. signed a deal with a major consumer-goods company that will double its contracted revenue ...
Traton makes $25M investment in PlusAI
Autonomous trucking software provider PlusAI and commercial vehicle OEM Traton Group have expanded their partnership to accelerate the development and ...
8 more freight carriers go bankrupt, thousands of creditors affected
Eight more trucking companies have filed for bankruptcy over the past two months, including several prominent carriers with loads of unpaid ...
Trucking industry expects weak improvement in 2026
The financial health of the trucking industry in North America appears to be headed for weak improvement in 2026, with economic uncertainty continuing, even as capacity, utilization, freight and manufacturing are growing. ...
Cargo hauler STG Logistics files bankruptcy following debt deal litigation
Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by disgruntled creditors. ...
Duffy pulls $160 Million from California over truck licenses
The US Department of Transportation is withholding about $160 million from California after the state delayed canceling thousands of commercial ...
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