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EV Realty’s first public charging facility in San Bernardino, Calif., will be among the projects receiving an influx of cash from the additional funding round.

The charging industry has faced several challenges: the imminent expiration of federal tax credits for electric vehicles, slowing EV sales and competition among station operators.

The company expects non-restaurant deliveries to hit an annual run rate of $12.5 billion in gross bookings by the end of 2025,  25% more than the $10 billion run rate it shared in May.

The reversal of a $100 million verdict against Werner Enterprises gave trucking a big win in a legal environment in which “nuclear” verdicts and smaller settlements are raising insurance rates.

The Commerce Department reported Sept. 26 that its personal consumption expenditures price index was up 2.7% in August from a year earlier.

Four million Canadians will see their service switch from door-to-door delivery to a community mailbox model, and some post offices will be closed for good.

Both Daimler and Traton operate assembly sites in Mexico that may be affected by the levies.

Auto part supplier First Brands Group is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the company’s fortunes are unraveling, sources said.

American Trucking Associations in May voiced opposition to the prospect of the proposed truck tariffs, stressing the levies could cause financial strain for an industry already struggling.

Insurance policies represent one of the new fields in the trucking industry where artificial intelligence is beginning to have an impact.