Transport Topics
Dana Amends Credit Agreement
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Dana Inc. announced an amendment to its existing senior secured credit facility that increases the aggregate amount available to $1 billion from $750 million and extends the maturity by two years to 2024.
Plus.ai Enters Joint Venture With Chinese Truck Maker FAW Jiefang
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Plus.ai, a startup providing self-driving technology, announced a joint venture to develop autonomous trucks with FAW Jiefang, China’s oldest and largest truck manufacturer.
Bendix Spicer Foundation Brake Expands Kentucky Plant
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Bendix Spicer Foundation Brake broke ground on a 130,000-square-foot expansion of its wheel-end manufacturing facility in Bowling Green, Ky., according to a company news release Sept. 5.
Daimler, Torc Begin Testing Self-Driving Trucks in Virginia
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Daimler Trucks has begun testing highly automated heavy-duty trucks on Virginia highways in partnership with its subsidiary, Torc Robotics, the companies said.
Tesla Gets Exemption From China’s 10% Tax on Car Sales
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Tesla Inc. won exemption from a 10% Chinese tax on automotive sales, sidestepping trade tensions with the U.S. following CEO Elon Musk’s visit to the country.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.