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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.

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.

CLEVELAND — Werner Enterprises cybersecurity lead Daragh Mahon detailed his aggressive and innovative approach to protecting the company's assets during the NMFTA Cybersecurity Conference on Oct. 29.

The software platform will enable Daimler Truck, Volvo Group and potential customers of the joint venture to offer independent and digital vehicle functions for their products, the companies said. Customers will be able to add and update digital applications remotely, potentially reducing downtime and simplifying maintenance.   

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.

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.

Toyota Motor Corp. and Nippon Telegraph & Telephone Corp. have agreed to invest billions to develop autonomous driving software assisted by artificial intelligence.