General Motors Co. CEO Mary Barra showed off the company’s electric Chevrolet Silverado at the CES exhibition, announcing that the pickup will go on sale in spring 2023 to compete with battery-powered trucks from longstanding rival Ford Motor Co. and newcomer Rivian Automotive Inc.
January 5, 2022Trucking 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.
Port of Oakland Unveils Plan to Encourage Agriculture Exports, Ramp Up Business
Facing a loss of business to larger container ports in Southern California, the Port of Oakland will permanently expand its agriculture export business beginning March 1.
January 5, 2022Maersk Overtaken as World’s No. 1 Shipping Line by MSC
A.P. Moller-Maersk A/S is no longer the world’s largest container line. The Danish carrier has been overtaken by Mediterranean Shipping Co. in terms of capacity, according to data compiled by Alphaliner and published Jan . 5.
January 5, 2022British Freight Lobby Slams ‘Profiteering’ in Container Shipping
The British International Freight Association is calling on the U.K. government to investigate the state of competition within the global container-shipping market, as transportation costs remain elevated heading into the third year of the pandemic.
January 5, 2022Maverick Increases Per Mile Pay for Glass Drivers
Maverick Transportation is raising per mile pay by 2 cents for company drivers in its glass transportation division, the carrier announced.
January 5, 2022Nikola Drops $2 Billion Patent Suit Against Tesla
Fledgling electric vehicle maker Nikola Corp. is dropping its $2 billion patent lawsuit against rival Tesla Inc. as its founder continues to fight criminal charges that he misled investors.
January 5, 2022Amazon, Stellantis Team Up on Auto Software and Delivery Vehicles
Amazon.com Inc. is partnering with Stellantis NV to develop software with the carmaker and agreed to buy a new electric delivery van.
January 5, 2022Companies Add Most Jobs in Seven Months
U.S. companies in December added the most jobs in seven months, indicating that more Americans are returning to the labor force and helping employers to fill a near-record number of open positions.
January 5, 2022Stoughton Expands Chassis Manufacturing Capacity With New Texas Factory
Stoughton Trailers announced it will build intermodal chassis at a new facility set to open this year in Waco, Texas.
January 5, 2022Deere to Bring Fully Autonomous Tractor to Market This Year
Self-driving vehicles are moving off the roads and onto the fields. Deere & Co., the largest farm equipment manufacturer in the world, unveiled a fully autonomous tractor on Jan. 4, propelling it past rivals in the tech space.
January 4, 2022Trending
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