Representative of the Committee on Foreign Investment in the United States are calling on the Justice Department to look into economic espionage at TuSimple, according to a report in the Wall Street Journal (link requires registration).
Separately, FreightWaves.com reports that the company has denied the report and continues to cooperate with the Committee.
The Committee is led by the Treasury Department and includes participation by the Justice and Defense departments and other federal agencies, according to the Journal report.
According to the publication, the allegations stem from the Committee’s investigation into possible transfers of technology to a Chinese startup.
About the Author
Rod Sutton
Sutton has served as the editorial lead of Construction Equipment magazine and ConstructionEquipment.com since 2001.
Our mission is to help managers of heavy equipment and trucks to improve their performance in acquiring and managing their fleets. One way we do that is with our Executive Institute, where experts share information and ideas that will enable equipment managers to accurately manage equipment costs so that they can deliver the optimum financial benefits to their organizations.
We also have a laser focus on product development, performance, and technology; as well as equipment acquisition, disposal, and maintenance. Our exclusive Field Tests take earthmoving equipment and truck into the field for professional evaluations.
Check out our free newsletters to see the latest content.
You can find Sutton on LinkedIn.