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Bosch announced it signed a long-term agreement to supply electric air compressors with integrated power electronics to Cellcentric, a joint venture of Daimler Truck AG and Volvo Group AB focused on developing hydrogen fuel cell systems.

Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.

XPO Logistics' upcoming spinoff, GXO Logistics, has priced an offering of $800 million on investments notes with registration rights, the company announced June 17.

DETROIT — The head of Detroit’s big international auto show says it will return to the Motor City next year, but with smaller indoor displays and more emphasis on experiencing vehicles and technology outside.

Ford’s second-quarter outlook is improving, with large numbers of customers making reservations for four of its new vehicles.

TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.

New Orleans attorney Danny Patrick Keating Jr., charged last year for his participation in 31 illegal staged accidents, has pleaded guilty to conspiracy to commit mail and wire fraud.

Transportation Secretary Pete Buttigieg called on senators to fund big-ticket transportation programs as congressional leaders continue to craft comprehensive infrastructure policy measures and prepare to consider a multiyear highway bill.