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Flying Taxi Startup Lilium Close to Saudia Order

Lilium NV is close to selling 100 electric flying taxis to Saudi Arabia’s state-owned airline, formalizing a framework deal arranged in late 2022.

July 10, 2024

Industry Groups Updating ADAS Adoption Information

Working closely with FMCSA, several industry groups are updating and expanding much-­needed technical and outreach information regarding advanced ­driver assistance systems.

July 12, 2024

Let’s Get Optimistic About Logistics

A theme has emerged in the logistics industry. It’s optimism. And this type of optimism is contagious.

July 12, 2024

OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024

Amazon Says Its Carbon Emissions Fell in 2023

Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.

July 10, 2024

Yokohama Said to Hold Talks for Goodyear’s OTR Tire Business

Yokohama Rubber Co. is in advanced talks to buy Goodyear Tire & Rubber Co.’s off-the-road tire business for at least $1 billion, according to people familiar with the matter.

July 10, 2024

Report Finds Opportunities, Obstacles for Electric Vehicles

The trucking industry is seeing more opportunities to deploy electric vehicles despite obstacles that still must be overcome, according to a July 9 report by NACFE and RMI.

July 10, 2024

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

July 9, 2024

Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024