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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.

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.

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.

Air taxi startup Joby Aviation expects to have five aircraft in one of the final phases of certification next year as it aims to start commercial flights in early 2026, according to its CEO.

Fleetworthy said the deal would offer carriers that use its Bestpass product predictive toll insights, automated reconciliation and cost-saving opportunities.

As freight brokers battle fraudsters intent on cargo theft, they are building defenses that combine multiple technologies provided by vendors and augmented by their own systems.

Tesla is facing off with the California DMV over claims that the company has exaggerated the capabilities of its Autopilot and Full Self-Driving technology and misled consumers.