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The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.

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.

Truck makers are becoming more optimistic about the prospects for 2025 Class 8 purchases.

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.

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

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.

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.

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.

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.