The former finance director of First Brands Group said he鈥檇 plead his Fifth Amendment right against self-incrimination if compelled to answer creditor questions at an upcoming deposition.
December 17, 2025Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Waymo Seeks More Than $15 Billion in Funding Round
Waymo, Alphabet's autonomous driving unit, is in discussions to raise more than $15 billion at a valuation near $100 billion, in a financing round led by its parent company.
December 17, 2025Amazon Names New AI Chief Amid Battle to Take on Tech Rivals
Amazon is reorganizing teams working on artificial intelligence projects, putting Peter DeSantis, a top leader from the company鈥檚 cloud division, in charge of a new unit.
December 17, 2025Medium-Duty Truck Sales Near End of Down Year
U.S. medium-duty truck sales are on track to end 2025 with only one year-over-year increase, that coming in January, according to data from Omdia Automotive.
December 17, 2025Port of Los Angeles Expects Trade to Fall Off in 2026
The Port of Los Angeles expects it will move more than 10 million container units for the second year in a row, but that number is likely to drop off in 2026 as the administration's trade war persists.
December 17, 2025Alabama Works With ICE on Immigration Enforcement in Trucking
Alabama has detained more than 240 individuals through immigration enforcement actions targeting truck drivers, with federal agents focusing on rural interstates with high crash rates.
December 17, 2025Joby Aims to Double Planned Air Taxi Output by 2027
The company is among a handful of startups developing electric vertical takeoff and landing vehicles to fly customers on short commuter journeys via battery-powered air taxis.
December 17, 2025Kenworth, Peterbilt Add Electronic Parking Brake Option
Bendix鈥檚 Intellipark electronic parking brake system will be made available for all Kenworth and Peterbilt Class 8 and medium-duty models, the Paccar subsidiaries said.
December 17, 2025California Set to Suspend Tesla Sales Over Autopilot
The California Department of Motor Vehicles said Dec. 16 the suspension won鈥檛 take effect for 90 days to give Tesla time to appeal or come into compliance.
December 17, 20252 Rail Unions Oppose Union Pacific-Norfolk Southern Merger
The two large unions say a merger would increase safety risks, raise shipping rates and consumer prices, and cause significant disruptions.
December 17, 2025Trending
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