Technology

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.

Oxbotica, a U.K. company that makes software for running autonomous vehicles, has raised $47 million in a fresh funding round that will go toward developing and deploying its products.

Public comments submitted to the Federal Highway Administration regarding a recent proposal that would allow more flexibility with design standards when repairing highways and interstates reflect an overwhelming show of support from industry groups and transportation agencies.

Clarience Technologies announced it acquired Ecco Safety Group, which has nearly 50 years of experience in research, design, development, manufacturing and distribution of emergency lighting and audible warning equipment for commercial and emergency vehicles for global markets.

The coronavirus pandemic’s impact on transportation modes, the role of transit, and technological advancements will dominate this year’s annual conference of the Transportation Research Board.

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter.

The 50th anniversary of the Mid-America Trucking Show has been postponed due to COVID-19 concerns.

A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.