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The agreement runs through 2033 and includes an upcoming plant in Taylor, Texas, to produce Tesla's next-generation AI6 chip.

The funding lets Lyten acquire intellectual property related to energy storage systems, in addition to its previously announced deal on Northvolt’s Polish assembly plant.

Amid shifting trade patterns and unsettled tariffs, shippers are examining their networks and contemplating how and where they source core products.

Steves & Sons began pilot program testing Bot Auto’s retrofitted Freightliner tractors alongside its managed logistics provider, J.B. Hunt Transport Services, in June.

The driverless shuttles will initially be deployed in partnership with airports and cities, dovetailing with the company’s recent revival of pooled rides at U.S. airports.

Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry — BNSF and CSX — to at least consider their own combinations.

Automation, artificial intelligence and data science are transforming freight brokerage operations, increasing productivity and altering how brokers price freight and make decisions.

Indian Commerce Minister Piyush Goyal called U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer “very dear friends.”

Amazon still dominates the $1.3 trillion e-commerce market in the U.S., capturing about 40 cents of every dollar spent online, and Walmart’s online metrics are growing from a smaller base.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.