Freight Waves

8 autonomous trucking questions for Navistar’s Chris Gutierrez

For two years, Navistar and TuSimple engineers quietly worked in parallel, building autonomous truck prototypes. Now, the relationship is changing. On Wednesday, the companies said Navistar will sell a driverless truck by 2024, advancing the industry’s accepted end-of-the-decade production timeline.…

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American Airlines warns of 25,000 job cuts

American Airlines (NASDAQ: AAL) on Wednesday informed 25,000 employees that their jobs could be eliminated after Oct. 1, when federal money covering wages for airline workers runs out. Company executives say furloughs are necessary because the airline will have an…

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Uber Freight seeking investors

Uber Technologies (NYSE: UBER) is reported to be in talks to take on additional investors in its digital brokerage unit, Uber Freight. Bloomberg published an article attributed to “people with knowledge of the matter” who said the San Francisco-based company…

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Is Walmart becoming a tech company?

Andrew, Kevin and Seth discuss Walmart+, the forthcoming Palantir IPO and department store bankruptcies. Also, Andrew introduces a new segment in an ode to Dan Le Betard and his father, “Papi.” Thanks as always to my friends at CarrierDirect for…

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Tesla Cybertruck factory a step closer to reality in Texas

Tesla’s proposed $1.1 billion Cybertruck factory received a 20-year incentives deal from Travis County, Texas, on Tuesday. The approval of the economic incentives package helps Tesla clear a final governmental hurdle should it decide to build its new factory in…

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Ford to build new Bronco Sport SUV in Mexico

The Ford Bronco, the company’s iconic offroad SUV, returns after a 24-year production hiatus, with the sport edition slated to be produced in Mexico. Ford (NYSE:F) will begin manufacturing the Bronco Sport SUV in October at its Hermosillo plant. The…

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