Transportation Secretary Sean Duffy and acting administrator for the Federal Aviation Administration Chris Rocheleau announced a “new road map” for getting air taxis into the sky.
June 18, 2025Search
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AI Vehicle Software Supplier Applied Intuition Raises $600M
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, 2025Fleets Grapple With Shifts in Trade, Freight Amid Tariffs
Shifting U.S. trade policies, fluctuating tariffs and the resulting supply chain upheaval have created an uncertain landscape for the trucking industry, in the present and down the road.
June 20, 2025States 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, 2025Nikola 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, 2025Amazon’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, 2025Honda 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, 2025DAT, 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, 2025Air 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, 2025Eaton 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, 2025