Skip to content
Search AI Powered

Latest Stories

Ryder to add 4,000 electric vans to lease and rental fleets through 2025

BrightDrop models will be available first in California, Dallas-Fort Worth, and New York City.

ryder BrightDrop_Ryder_EV.jpeg

Logistics and transportation company Ryder System Inc. will add 4,000 additional electric vans to its lease and rental fleet through 2025, tapping General Motors (GM)’s BrightDrop unit to provide the vehicles. 

The news follows last week’s decision by the U.S. Environmental Protection Agency (EPA) to allow California to require that about half the trucks sold in that state must be all-electric by 2035. The decision could be a major boost for the electric vehicle (EV) industry since similar laws are already on the books in New York, New Jersey, Washington, Oregon, Massachusetts, and Vermont.


Ryder said its expanded offering will enable customers to test and broaden their EV footprint, enhance the driver experience, and accelerate their sustainability initiatives.

The company will order its first 200 units this year, deploying them to its rental fleets in California, Dallas-Fort Worth, and New York City. The specific vehicles will be the BrightDrop Zevo 600 and Zevo 400 electric van designs. Both models—named for their capacity in cubic feet—have a range of up to 250 miles on a full charge, and can support a payload of about 2,000 to 3,400 lbs. 

The contract is the latest large order for Palo Alto, California-based BrightDrop, which has also inked purchases in 2023 from Purolator Inc., in 2022 from FedEx Corp., and in 2021 from Merchants Fleet.




 

 

The Latest

More Stories

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less

Featured

pickle robot unloading truck

Pickle Robot lands $50 million in VC for truck-unloading robots

The truck unloading automation provider Pickle Robot Co. today said it has raised $50 million in venture capital and will use the money to accelerate the development of new feature sets and build out the company’s commercial teams to unlock new markets and geographies.

The “series B” funding round was financed by an unnamed “strategic customer” as well as Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less