Applied Intuition expects to use the funds to develop its next phase of vehicle intelligence products and expand the company’s product roster and team.
June 18, 2025Business, Technology, Equipment, Safety, Autonomous
AI Vehicle Software Supplier Applied Intuition Raises $600M
Government, Business, Technology, Safety
States Warn of Texting Scams Over Bogus Unpaid Tickets
States are warning residents about scams under which victims receive text messages purported to be from state motor vehicle agencies seeking payment for fraudulent traffic violations.
June 17, 2025Business, Technology, Equipment, Fuel
Nikola Administrators Plan Final Asset Sale — the IP
Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of the company's intellectual property.
June 17, 2025Business, Technology, Logistics, Private, Global Freight, Top 100
Amazon’s Jassy: AI Will Reduce Company’s Corporate Workforce
Amazon.com CEO Andy Jassy says he expects the company’s workforce to decline in the next few years as the retail and cloud-computing giant uses artificial intelligence to handle more tasks.
June 17, 2025Business, Technology, Logistics, Private, Global Freight
Honda Debuts Four-Wheeled E-Bike for Last-Mile Delivery
Honda said June 17 it plans to start small-scale production this year of an all-electric quadricycle, called the FastPort eQuad, for last-mile delivery in North America and Europe.
June 17, 2025Government, Business, Technology, Logistics
DAT, OTR Legal Dispute Heads to June 17 Emergency Hearing
OTR alleges DAT’s acquisition of Seattle-based Outgo and subsequent actions breach binding agreements between the erstwhile partners and are causing harm to OTR’s business.
June 16, 2025Government, Business, Technology, Equipment, Autonomous
Air Taxi Firm Archer Sees More Defense Demand in Short Term
Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.
June 16, 2025Business, Technology, Equipment
Eaton Agrees to Buy Defense Group Ultra PCS for $1.6 Billion
Eaton agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent for $1.55 billion.
June 16, 2025Government, Business, Technology, Logistics
Port of Los Angeles Imports Sink 19% Amid Trump Tariffs
The drop in port activity came as importers and retailers — especially those with business in China — grappled with the uncertainty of Trump’s trade war.
June 13, 2025Government, Business, Technology, Autonomous
US to Ease Rules Hindering Tesla’s Self-Driving Cybercab
The Trump administration is taking steps that would make it easier for automakers to deploy-self driving cars without driver controls.
June 13, 2025