Technology

Heyday, a platform that buys and builds consumer brands that sell on Amazon .com Inc., raised $555 million in a funding round led by Raine Group and Indian tycoon Azim Premji’s investment firm.

Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.

The U.S. Supreme Court rejected two appeals from Volkswagen AG, leaving intact rulings that let state and local governments sue over a diesel-emissions cheating scandal that already has cost the German automaker more than $23 billion.

Nikola Corp. founder Trevor Milton must face the criminal case against him in New York, after a federal judge denied his request to dismiss the indictment or change the venue.

Autonomous truck software developer Embark Trucks Inc. announced it completed its business combination with Northern Genesis Acquisition Corp. II, and the combined company has been renamed Embark Technology Inc.

Electric truck maker Xos Inc. announced its second series of proprietary battery systems.

A divided federal appeals court has thrown out portions of the 2016 Phase 2 greenhouse gas emissions rule that would have required heavy- and medium-duty trailers for the first time ever to adopt some combination of fuel-saving technologies.

Commercial vehicle dealer Rush Enterprises announced it has appointed Troy Clarke to the board of directors and board member James Underwood will retire early next year.

The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.

Engine production issues go beyond the semiconductor chip shortage, Cummins Chief Financial Officer Mark Smith said Nov. 10 during the 51st Annual Baird Global Industrial Conference.