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California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.

Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.

Truck manufacturer Paccar’s profit dived 35.3% year over year in the second quarter as the freight recession continued to hamper tractor sales, particularly among truckload carriers.

Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.

The returns process is costly. When factoring in every step a retailer goes through to ship, return and reship items, each transaction influences a retailer’s time, money and product waste.

The revamped safety packages are headlined by a switch away from Bendix Fusion to a proprietary safety and collision mitigation system — Mack Protect.

Delaware is preparing to hike toll fees starting Aug. 15 and double some commercial driver license motor vehicle fees in October to raise $107 million yearly for state infrastructure.

Miami International Airport is boosting cargo capacity by as much as 50% with a new cold storage complex that broke ground July 21.