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UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

Stellantis NV and Volkswagen AG shares declined as some of their plug-in cars lost access to U.S. tax credits under tougher rules that took effect this week.

A private equity firm bought steering and engine pump manufacturer R.H. Sheppard from Bendix Commercial Vehicle Systems for an undisclosed sum, the brake and active safety software specialist said.

The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.

In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.

The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.

The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.