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Peloton Technology, based in Mountain View, California, said it had reached an investment agreement with Lockheed Martin to accelerate Peloton's development and deployment of truck-platooning technology for the U.S. and international trucking industries.
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KIRKLAND, Wash. - Kenworth Trucks Co. said it is partnering with Fastport and the Truckload Carriers Association in a bid to ramp up efforts to attract more military veterans to the trucking industry.
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Truck maker Navistar International Corp. posted a fiscal third-quarter loss of $28 million, or 34 cents a share, on revenue that declined to $2.54 billion, with warranty issues cited as a problem.
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Eno Center for Transportation President Joshua Schank announced Sept. 2 that he will be leaving his post next month and taking on an unnamed "exciting new public sector opportunity."
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