The states and the District of Columbia are suing the Trump administration for what they say is the unlawful withholding of over $2 billion in funding for two electric vehicle charging programs.
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.
Oil Prices Jump on Trump Blockade of Tankers to Venezuela
The president's move followed the seizure by U.S. forces of an聽oil tanker聽off Venezuela鈥檚 coast, which followed a military buildup in the region as the U.S. ramps up pressure on leader Nicol谩s Maduro.
December 17, 2025Continental Names New CEO Ahead of Industrial Unit Sale
Christian K枚tz will replace outgoing CEO Nikolai Setzer next month, when Continental will begin a sales process for the ContiTech business.
December 17, 2025Ford Cancels $6.5 Billion EV Battery Contract With LG
LG is the latest casualty of Ford鈥檚 EV rollback. The carmaker said it would take聽$19.5 billion聽in charges tied to the business and that it would break聽up its U.S. battery venture with SK Innovation.聽
December 17, 2025Highway Safety Emerged as a Bright Spot in 2025
2025 was marked by a sharpened focus on highway safety as well as potential challenges for the freight industry associated with tariffs and the economy.
December 17, 2025Phillips 66 CEO Says Big Pipeline Project Has Strong Support
U.S. federal and state officials are lining up with the oil industry to support a plan by Phillips 66 and Kinder Morgan to deliver gasoline to California.
December 16, 2025Volvo Trucks Receives Order for 185 VNLs From Koch Trucking
Volvo Trucks North America has landed a 185-unit order from Koch Trucking for the newly launched Volvo VNL 860.
December 16, 2025Wisconsin Allows Heavier Trucks Under Frozen Road Law
The law is designed to balance the needs of logging operations and winter road maintenance crews with the protection of Wisconsin鈥檚 transportation infrastructure.
December 16, 2025US Threatens to Strike Back Against EU Firms for Digital Tax
The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.
December 16, 2025Kraft Heinz Changes CEO Before Split Into 2 Companies in '26
Kraft Heinz named a new CEO, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1, ahead of the company's planned split into two separate food giants.
December 16, 2025Trending
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