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DHL Buys IDS Fulfillment to Beef Up US E-Commerce Division

The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.

May 16, 2025

Oregon Delays Enforcement of Advanced Clean Trucks Rule

Oregon will delay enforcing a rule that requires truck makers to increase electric truck sales in light of industry difficulties and threatened federal funding cuts.

May 16, 2025

Quebec Investors to Acquire Bankrupt Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

May 16, 2025

Canadian Electric Minibus Maker Damera Plans First US Plant

Damera, an Ontario-based electric bus company, plans to invest $31.5 million and create 90 full-time jobs to open its first U.S. assembly plant in Peoria, Ill.

May 14, 2025

Pony AI Is Said to Confidentially File for Hong Kong Listing

Autonomous driving company Pony AI has confidentially filed for a Hong Kong listing to help raise capital to grow its business, according to people familiar with the situation.

May 14, 2025

FMCSA Revokes 8 ELDs From Approved List

Carriers must replace the revoked ELDs with compliant ELDs from the Registered Devices list before July 11. Those that continue to use them will be considered as operating without an ELD.

May 14, 2025

Steelmaker Nucor Shuts Down Some Output After Cyberattack

Nucor, the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems.

May 14, 2025

Feds Question Musk, Tesla on Safety of Driverless Taxis

Federal safety regulators have asked Elon Musk and Tesla to explain how its driverless taxis will avoid causing accidents when they hit the road in Texas next month before a national rollout.

May 13, 2025

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts

House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.

May 13, 2025