Trucking Business News

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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.

GovernmentBusiness

Workers at Canada’s National Postal Service Go on Strike

TORONTO — Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post.

November 15, 2024
BusinessEquipment

General Motors Lays Off About 1,000 Workers

DETROIT — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.

November 15, 2024
BusinessTechnologyEquipment

Volvo Aims to Raise Share of North American Truck Market

Volvo Trucks is targeting a 25% North American heavy-duty truck market share by 2030, according to executives at the company.

November 15, 2024
GovernmentBusinessFuel

Tesla, Rivian Drop on Report Trump Wants to End EV Credit

U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.

November 14, 2024
BusinessLogisticsFor-HireTop 100

Kuehne + Nagel Acquires Majority Stake in IMC Logistics

Kuehne + Nagel, a Switzerland-based global transportation and logistics company, acquired a majority stake in marine drayage provider IMC Logistics, it announced Nov. 14.

November 14, 2024
BusinessTechnologyEquipmentFuel

Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move

Truck maker Nikola recently reduced staffing levels as it seeks to control costs.

November 14, 2024
BusinessTechnology

Samsara-Motive Trade Secrets Litigation Enters New Phase

The ongoing legal battle between rival trucking technology vendors Samsara and Motive has entered a new phase as the former has filed additional litigation.

November 14, 2024
BusinessLogistics

Port of Long Beach Smashes All-Time Record in October Surge

The Port of Long Beach moved nearly 1 million containers in October, beating a record set just two months ago.

November 14, 2024
GovernmentBusinessTechnologyEquipmentFuel

CARB Rules Seen as Hindrance to Obtaining New Diesel Vehicles

Zero-emission vehicle sales in California over the past two years have been better than anticipated, but the transition to EVs has left some dealers challenged to obtain new diesel trucks.

November 14, 2024
GovernmentBusiness

NYC Congestion Pricing Plan With $9 Toll to Start in January

It will cost $9 for motorists driving into parts of Manhattan starting in January under a revised tolling plan that New York Gov. Kathy Hochul is seeking before Donald Trump takes office.

November 14, 2024

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