Autonomous software developer PlusAI is set to merge with a Nasdaq-listed special purpose acquisition company, Texas Ventures Acquisition III, in a deal valuing the company at $800 million. This is PlusAI’s third attempt to go public, following previous failed SPAC…
Truck dealers are banking on a rebound in Class 8 truck demand for 2026 and 2027, with the American Truck Dealers (ATD) lifting its sales forecasts to 227,000 units for 2026—a 7.5% increase from its earlier projection of 210,000—and 250,000…
Brazil’s military has a new poster child for over-engineering: the VBTP-MR Guarani, a six-wheeled, 46,000-pound amphibious armored personnel carrier that laughs in the face of terrain most vehicles wouldn’t dare tackle. Built on an Iveco chassis and powered by a…