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Uber Said to Be in Talks to Invest in US IPO of Pony AI

Uber Technologies plans to invest in Pony AI’s U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.

November 21, 2024

Hexagon Doubles Natural Gas System Output With Plant Move

Hexagon Agility opened an assembly and installation plant in Rialto, Calif., on Nov. 21, a move designed to double the natural gas fuel system supplier’s production capacity, it said.

November 21, 2024

Commercial Ops Debut Coming Fast for VNL Autonomous Truck

The start of commercial operations for factory-built autonomous Class 8 tractors by Volvo Autonomous Solutions and Aurora Innovation is due in a matter of days.

November 20, 2024

New Drug & Alcohol Clearinghouse Regulations Take Effect

The DOT has new requirements for workplace drug and alcohol test procedures, plus another forcing states to check truck driver records in its Drug & Alcohol Clearinghouse.

November 20, 2024

Buttigieg: Truck Parking Shortage Remains a Priority

With two months left in his Cabinet-level tenure, Transportation Secretary Pete Buttigieg intends to press ahead with policies aimed at boosting freight and supply chain operations.

November 20, 2024

Deere Expected to Report Weakest Q4 Since 2020

Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.

November 20, 2024

Judge Warns of Pitfalls in American Tire’s Bankruptcy Plan

The current debtor-in-possession financing plan could risk a lawsuit down the road, Judge Craig T. Goldblatt told lenders at a Nov. 19 hearing in Delaware.

November 20, 2024

Port Traffic Surging as Companies Rush to Beat Tariffs

Imports at the Port of Los Angeles last month totaled 462,740 20-foot-equivalent units, or TEUs. The port also handled 122,716 export containers and 319,570 empty containers in October.

November 20, 2024

Jaguar Rebrand Promo Shows Logo, but Where’s the Car?

NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.

November 20, 2024