Driverless trucks are expected to be in limited use on some US interstates as early as late 2024. Their software developers are increasingly concerned with how they will be maintained between trips. Aurora Innovation appears to be the most advanced in terms of inspections, fueling maintenance, and automated landing and...
Triton Container Leasing will go private in a $13.3 billion deal.
Brookfield Infrastructure Partners is taking Triton International, the world’s largest owner and lessor of shipping containers, private in a $13.3 billion deal. Brookfield Infrastructure (NYSE: BIP) will pay $85 per share for Triton (NYSE: TRTN), representing a 35% premium over Triton's Tuesday closing price. Triton shareholders will receive $68.50 in...
Data from the FMCSA show an increase in crash rates among new entrant carriers.
WASHINGTON (AP) — Preliminary data from the Federal Motor Carrier Safety Administration (FMCSA) indicates a notable rise in large truck crashes involving companies that entered the industry since 2018. This trend was highlighted during the FMCSA's annual Analysis, Research, and Technology Forum by statistician Dan Burrill. The addendum focused on...