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Looking Up: Airfreight Demand Takes Off in 2024

Demand for global air cargo traffic continues to increase amid ­e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.

November 1, 2024

Plus Ramps Up Autonomous Truck Testing in Texas, Sweden

Automated driving technology company Plus has been ramping up on-road testing of autonomous heavy-duty trucks in the United States and Europe in cooperation with Traton Group.

October 31, 2024

Stellantis Revenue Falls 27% in Q3

Stellantis NV’s third-quarter revenues slumped 27% as the automaker shipped fewer cars from factories in most of its major markets.

October 31, 2024

EPA Grants 4 States $248.9M for I-95 EV Truck Charging Sites

EPA is paying $248.9 million to develop 24 electric truck charging sites for medium- and heavy-duty vehicles along the Interstate 95 freight corridor in four East Coast states.

October 31, 2024

Ford to Halt F-150 Lightning Production as EV Demand Wanes

Ford plans to shut down the Michigan factory that produces its F-150 Lightning plug-in pickup truck through the end of the year as demand for EVs continues to wane.

October 31, 2024

FHWA Awards $96M to 16 States for High-Tech Safety Projects

For truckers, Maine was awarded $5.2 million to offset a $6.5 million project to develop real-time hazard alerts about congestion, bad weather and height restrictions on low bridges.

October 31, 2024

New York Semiconductor Site Selected for $825M in Funding

ALBANY, N.Y. — A semiconductor research facility in upstate New York was selected as one of three national technology centers and will receive up to $825 million in funding.

October 31, 2024

Toyota, NTT to Invest $3.3 Billion in AI, Autonomous Driving

Toyota Motor Corp. and Nippon Telegraph & Telephone Corp. have agreed to invest billions to develop autonomous driving software assisted by artificial intelligence.

October 31, 2024

Uber Shares Slump on Muted Bookings in US Rides Business

Uber Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. 

October 31, 2024