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Ocado in December said it would receive a one-time cash payment of $350 million from Kroger after the U.S. grocer decided to close three automated warehouses and scaled back plans for a wider rollout.

Modernization is slated to start next year at Walmart's Opelousas distribution center near Interstate 49 and U.S. Route 190. The facility is located some 60 miles west of Baton Rouge.

Congress’ upcoming highway policy measure would be an ideal fit for federal guidance specific to autonomous vehicles, says the chairman of the Commerce Committee on freight policy.

A rosier picture is certainly welcome after what Cummins Chief Financial Officer Mark Smith called “a long dry spell” for the heavy-duty truck sector in North America.

Alphabet’s Waymo said it is using DeepMind’s Genie 3 AI model to create realistic, digital worlds for its autonomous driving technology to train on edge-case scenarios.

BYD’s Hong Kong-listed shares are down this week after disappointing sales data, extending a selloff that has shaved off more than $60 billion in market value since May.

Stellantis CEO Antonio Filosa blamed predecessor Carlos Tavares for going all-in on electric vehicles and failing to respond to shifts in the marketplace.

Kenta Kon, 57, on Feb. 6 was unexpectedly announced as the next CEO of Toyota, to replace Koji Sato, who will become vice chairman in April after three years in the role. 

Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.

GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.