News

International Motors parent company Traton Group will build vehicle software platforms with Mountain View, Calif.-headquartered software group Applied Intuition, the companies said.

Siemens plans to reduce its global head count by about 6,000 workers, including some in the EV charging business that is suffering from price competition and limited growth possibilities. 

Legislation that would restrict the federal government from permitting states to limit sales of vehicles with internal combustion engines was recently introduced in the U.S. Senate.

People who live near ports fear that $3 billion earmarked from President Joe Biden's infrastructure law to boost electrification in order to reduce pollution will be canceled.

HONG KONG — Hong Kong’s leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock, a deal that has angered…

The freight market experienced a 3% sequential tonnage increase in February as well as its second straight year-over-year gain, furthering optimism it is emerging from its recession,

AirExplore, a Slovakia-based contract carrier for other airlines, is disengaging from cargo flying because of limited demand for narrowbody freighters and will focus on its passenger business, FreightWaves has learned. The…

Container carrier Wan Hai Lines posted record revenue of $4.9 billion in 2024, from $3.03 million in 2023. The company (2615.TW), with Evergreen Marine and Yang Ming one of Taiwan’s Big Three liner operators, said net profit…

This article is the second of three on the landscape of venture capital and FreightTech in 2025 and beyond. Click here for Part I. In our prior analysis, we noted how private equity firms were cautiously optimistic for…