Transportation, Mobility & Logistics

Mammoth Energy Secures $58M Bank7 Loan for Aviation Fleet Growth

OKLAHOMA CITY – October 30, 2026 -- Mammoth Energy Services (NASDAQ: TUSK) has secured up to $58 million in senior secured term loans from Bank7 to buy more aviation assets. It is the first debt financing for a portfolio that has so far been funded without borrowing.

Two term loans of $25 million and $33 million carry a 60-day draw window

Mammoth's aviation subsidiaries, Cobra Aviation Services LLC and Leopard Aviation LLC, signed the loan and security agreement on October 28. The facility splits into a $25 million Term Loan A and a $33 million Term Loan B. Each can be drawn during the 60 days after closing, and advances under Term Loan B depend on certain conditions. No amounts were drawn at closing.

The loans carry a floating interest rate and amortize monthly from January 2027. They mature in October 2030. The borrowers' aviation assets secure the facility, and Mammoth guarantees it.

JAS Earns EcoVadis Platinum, Lifts Score to 89 From 60 in Two Years

ATLANTA – October 30, 2026 -- JAS has earned a Platinum Medal in the 2026 EcoVadis sustainability assessment, placing the logistics and supply chain provider in the top 1% of companies rated by EcoVadis. Its overall score reached 89, up from 79 in 2025 and 60 in 2024.

JAS improves in all four EcoVadis categories

EcoVadis scores companies in four areas, and JAS raised its result in each:

  • Environment: 95/100, up from 91
  • Labor & Human Rights: 88/100, up from 74
  • Ethics: 87/100, up from 83
  • Sustainable Procurement: 86/100, up from 72
Labor and procurement scores post the largest gains

Labor & Human Rights rose 14 points and Sustainable Procurement rose 14 points, the biggest increases of the four categories. JAS attributes the gains to continued focus on employee health, safety and wellbeing, and to progress in responsible supply chain management.

Foxconn Adds Three Reference EVs, Targets Japan's Kei Truck Class

Image
Foxconn Adds Three Reference EVs, Targets Japan's Kei Truck Class

TAIPEI – October 30, 2026 -- Hon Hai Technology Group (Foxconn) (TWSE: 2317) unveiled three new reference electric vehicles, lifting its EV range to 12 models and extending its contract design and manufacturing service (CDMS) offer into Japan's kei-class trucks.

The MODEL A+ SUV, MODEL K+ SUV and MODEL K compact truck target under-penetrated markets. Foxconn is pitching them as cost-competitive options built on flexible design platforms for automotive clients.

Jun Seki, Foxconn Chief Strategy Officer for EV, said the models join an ecosystem that is "accelerating time-to-market, time-to-cost and time-to-technology" for customers and partners.

LA Auto Show Adds Dealmaker Forum and 10 Days of Entertainment

Image
LA Auto Show Adds Dealmaker Forum and 10 Days of Entertainment

Los Angeles – October 30, 2026 -- The Los Angeles Auto Show will open an invitation-only executive forum, The Business of Modern Mobility, on Nov. 19 at AutoMobility LA. A 10-day public run follows from Nov. 20 to 29 with entertainment programming alongside 20+ automaker exhibits. Entertainment is one of three themes for AutoMobility LA 2026, together with Energy and Autonomy.

Executive forum targets cross-industry growth deals on Nov. 19

The Business of Modern Mobility debuts during AutoMobility LA and brings together leaders from automotive, entertainment, media and other sectors. The forum examines how cross-industry collaborations create growth across content, commerce and culture.

Element Pay Cuts Fleet Fuel Costs 15% at Crown Capital

Image
Element Pay Cuts Fleet Fuel Costs 15% at Crown Capital

Toronto – October 29, 2026 -- Crown Capital, a management company for roofing-related businesses, reports 15% overall savings and $150,000 in potential fraudulent fuel spending identified over 90 days after adopting Element Pay, a cardless fuel payment solution launched by Element Fleet Management Corp. (TSX: EFN).

Crown Capital also cut the time spent helping crews resolve fuel-payment issues by 25%. Element Pay is run by the company's Element Mobility unit and is designed to replace physical fuel cards.

Vehicle authorizes each fuel transaction instead of a card

Element Pay uses the vehicle to initiate and authorize direct-pay transactions. A driver cannot independently authorize a payment unless the associated vehicle is authenticated. Drivers pay through the Element Pay app using direct pay, or use tap to pay at supported stations where direct pay is unavailable.

Hesai Takes 62% of Robotaxi Lidar Market, Yole Group Reports

Image
Hesai Takes 62% of Robotaxi Lidar Market, Yole Group Reports

Palo Alto – October 29, 2026 -- Hesai Group held a 62% share of the global robotaxi lidar market in 2025, more than all other suppliers combined, according to Yole Group's Robotaxi 2026 report. The figure is up from the 61% Yole attributed to the Nasdaq- and HKEX-listed company in its previous report.

Yole projects robotaxi fleet growth from 10,000 to 331,000 vehicles by 2031

Yole Group expects the global robotaxi fleet to expand from approximately 10,000 vehicles in 2025 to 331,000 in 2031. Operators scaling at that pace will need lidar that delivers precise perception in complex environments, automotive-grade quality and reliable supply at volume, the report says.

AerCap Leases Two Converted 777-300ERSF Freighters to Turkish Airlines

Image
AerCap Leases Two Converted 777-300ERSF Freighters to Turkish Airlines

DUBLIN – October 29, 2026 -- AerCap Holdings N.V. (NYSE: AER) has signed lease agreements with Turkish Airlines for two Boeing 777-300ERSF converted freighters, with deliveries scheduled between March and September 2027.

Etihad Engineering in Abu Dhabi will convert both aircraft before delivery

The conversions will take place at the Etihad Engineering MRO hub in Abu Dhabi. AerCap says the facility lets it serve customers efficiently across the wider EMEA region.

Peter Anderson, AerCap's Chief Commercial Officer, said the aircraft will give Turkish Airlines additional cargo capacity and describes the dedicated conversion line as an important regional platform capability.

Stoneridge MirrorEye Enters Kodiak's Autonomous Trucks

Image
Stoneridge MirrorEye Enters Kodiak's Autonomous Trucks

Novi – October 29, 2026 -- Stoneridge (NYSE: SRI) has placed its MirrorEye Camera Monitor System in newly deployed trucks running the Kodiak Driver, the autonomous driving system from Kodiak AI (Nasdaq: KDK). The two companies also plan to explore integrating additional Stoneridge technology into Kodiak's platform.

FMCSA exemption lets Kodiak drop conventional mirrors from SensorPods

Kodiak's proprietary SensorPods replace conventional side mirrors on the truck cab. Until now they have carried conventional rear-vision mirrors, as U.S. regulations require for commercial trucks.

Stoneridge's system was the first to receive a Federal Motor Carrier Safety Administration (FMCSA) exemption allowing motor carriers to operate trucks without conventional rear-vision mirrors. The FMCSA renewed the exemption in 2024 for five years.

NTRO Buys 15-Seater Autonomous Bus From TIER IV for Australian Trials

Image
NTRO Buys 15-Seater Autonomous Bus From TIER IV for Australian Trials

TOKYO – October 29, 2026 -- Australia's National Transport Research Organisation (NTRO) has bought a 15-seater electric autonomous bus from Japan's TIER IV, opening demonstrations and in-service trials to transport agencies and operators across Australia and New Zealand.

NTRO and TIER IV build on a 2024 collaboration

The two organizations formalized a strategic collaboration in 2024. It combines NTRO's experience running autonomous vehicle trials in the region with TIER IV's record of autonomous bus deployments in Japan. The vehicle runs on an autonomous driving system developed by TIER IV.

NTRO named the bus Rita after Rita Excell. As executive director of the Australian Driverless Vehicle Initiative, she partnered with the Australian Road Research Board (ARRB), a precursor of NTRO, on the country's first autonomous vehicle trial with Volvo XC90s in November 2015.

American Airlines Rolls Out Redesigned Safety Cards Fleetwide

Image
American Airlines Rolls Out Redesigned Safety Cards Fleetwide

SEATTLE – October 29, 2026 -- American Airlines is introducing redesigned passenger safety briefing cards across its fleet, developed with safety-card specialist The Interaction Group.

Redesign targets comprehension for all passengers

The new cards combine modern visual design with aircraft-specific accuracy. They were built to help travelers find and understand critical safety information quickly, regardless of age, language or travel experience.

Comprehension testing validated the cards before rollout

The Interaction Group evaluated the redesigned cards using its established comprehension testing. The testing assesses whether passengers can quickly locate, process and retain essential safety information.