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Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

October 17, 2024

Toyota Joins With Boston Dynamics on AI-Powered Robots

Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.

October 16, 2024

Aurora: Autonomous Trucks Can Reduce Risk, Insurance Costs

NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.

October 16, 2024

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024

GM Invests $625 Million in Biggest US Lithium Project

GM will commit $625 million toward what’s likely to be one of the biggest U.S. lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for EVs.

October 16, 2024

US to Loan EV Battery Parts Maker $671M for Georgia Plant

The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.

October 16, 2024

Volvo Trucks Pushes Ahead With Electric Truck Goals

NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.

October 15, 2024

Toll Management Proves Helpful to Curb Mounting Fees

NASHVILLE, Tenn. — Tolls are a reality for many carriers, and handling the mounting fees associated with traveling through several regions of the country has become a cumbersome challenge.

October 15, 2024

EV Chipmaker Wolfspeed Wins $1.5 Billion Financing

Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

October 15, 2024