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Cargomatic has secured $35 million in additional funding from Warburg Pincus to continue expanding its load-matching business for drayage and shorthaul trucking markets, according to the San Francisco-based firm.

Citing a persistent increase in the number of vehicle-train collisions at highway-rail grade crossings in recent years, the Department of Transportation Office of Inspector General has informed the Federal Railroad Administration that it is conducting an audit of the agency鈥檚 incident data.

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.

Tesla has let more than a few investors down of late, and one part of the company hasn鈥檛 quite lived up to expectations at Morgan Stanley either.

Officials at transportation service company Ruan got a chance to see Tesla Inc.鈥檚 prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.

Umer Anwer stops on the street near Tesla Inc.鈥檚 Brooklyn showroom and grabs his smartphone. He鈥檚 looking for a spot to charge his electric car, and the Tesla charging plugs won鈥檛 work with the Nissan Leaf he鈥檚 driving. In fact, he would prefer not to bother with a plug at all.

The opportunity for easy overnight recharging may be one of the surest routes toward a wider adoption of electric vehicles in the United States.

Manac Inc., Canada鈥檚 largest semi-trailer manufacturer, completed the acquisition of Alutrec Inc., a manufacturer specializing in the design and production of aluminum semi-trailers.

NEW YORK 鈥� Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.

Tesla Inc.鈥檚 lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.