Hyliion Inc. is a leader in electrified powertrain solutions for Class 8 commercial vehicles, and is launching its Hypertruck Electric Range Extender (ERX), a long-haul, fully electric powertrain delivering superior performance, emissions reductions and cost-savings to the global trucking industry.
Agility has invested in CargoX, a platform to revolutionize how road freight is booked in complex markets like Brazil. CargoX works to connect businesses that need to ship freight with truckers who have excess capacity. Brazil reportedly has an excess of between 300,000 and 350,000 vehicles, with trucks running empty 40 percent of the time. Reducing the number of empty trucks on the highway increases revenue for truckers, reduces costs for freight owners, and reduces the carbon footprint of transport.