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SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.

Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.

Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.

The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.

An increase in sales of power generators and heavy-duty truck engines boosted profits at Cummins Inc. in the second quarter of 2024, the company said Aug. 1.

Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.

Advanced researchers and engine makers say the internal combustion engine’s ability to be more efficient and run on greener fuels means an extended life.

The North American Council for Freight Efficiency produced a confidence report to assist fleet decision-makers in making informed choices on whether to switch to natural gas fuel. 

Right now, you probably pay more per mile to operate than ever. Maintain healthier trucks, save thousands in critical repairs, and run a more efficient shop—all through predictive maintenance.  

A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.