SK Innovation’s battery unit SK On will take over the companies’ BlueOval SK plant in Tennessee, while Ford will take on their factory in Kentucky, according to an emailed statement.
December 11, 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.
BP Wins Big in Trump’s First Gulf of Mexico Oil Lease Sale
A unit of BP was the high bidder in a U.S. auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held during President Donald Trump’s second term.
December 10, 2025Clock Ticks on Trump Transportation Nominees
The Commerce Committee recently approved nominees for leadership roles in the secretary’s office and key safety agencies, setting up confirmation votes as early as this month.
December 10, 2025Federal Reserve Cuts Key Interest Rate Again
The Federal Reserve reduced its key interest rate for the third time in a row Dec. 10 but signaled that it may leave rates unchanged in the coming months.
December 10, 2025Michelle Randazzo to be Next Daimler Truck North America CFO
She will succeed retiring current CFO Stefan Kurschner, who will remain with DTNA through January, DTNA said.
December 10, 2025Industry Reacts to English-Language Enforcement Crackdown
The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.
December 10, 2025Switzerland’s Improved US Tariff Deal to Apply Retroactively
The reduction will cut the levy to 15% from a previous level of 39%, a punitive rate that was the highest slapped on any developed country.
December 10, 2025Kenworth, Peterbilt Add to Battery-Electric Lineups
Kenworth and Peterbilt continue to build out their battery-electric tractor and truck portfolios, launching three new models each Dec. 9.
December 10, 2025Canada's Ambassador Hillman to Resign Before USMCA Review
Ambassador Kirsten Hillman said in a letter it is the right time to put in place someone who will oversee talks about the United States-Mexico-Canada Agreement that is up review in 2026.
December 10, 2025Uber Pulls Back From EVs, Slashing Incentives for Drivers
A handful of states and cities have enacted rules requiring ride-hailing companies to rapidly electrify their fleets. Uber is pushing back, urging California regulators to delay enforcement.
December 10, 2025Trending
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