Bankrupt carrier Yellow Corp. and its hedge fund owners lost a court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them.
September 17, 2024Trucking 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.
Trimble Unveils New Tools to Boost Fleet Safety, Efficiency
Trimble has introduced several product releases and updates across its trucking technology portfolio to help fleet operators improve efficiency, safety and productivity.
September 17, 2024Medium-Duty Truck Sales Dip 1% in August Year Over Year
U.S. retail sales of medium-duty trucks experienced a slight year-over-year decline in August, according to data from Wards Intelligence.
September 17, 2024Hyzon Starts Series Production of Class 8 Hydrogen Fuel Cell Truck
Hyzon began series production of its 200-kilowatt Class 8 hydrogen fuel cell electric truck Sept. 16, the Bolingbrook, Ill.-based company said.
September 17, 2024Intel to Make Custom AI Chip for Amazon, Delay German Plant
Intel and Amazon鈥檚 AWS will co-invest in a custom semiconductor for artificial intelligence computing 鈥 what鈥檚 known as a fabric chip 鈥 in a 鈥渕ultiyear, multibillion-dollar framework.鈥澛
September 17, 2024PepsiCo, Maersk, Others Team Up on Electric Truck Pilot
A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.
September 17, 2024Jury Rules Against Daimler in $160 Million Liability Verdict
An Alabama state jury has issued a $160 million verdict against DTNA in a product liability case involving a driver who became quadriplegic after a 2022 rollover accident.
September 17, 2024Daimler Execs Call on Governments to Act on Infrastructure
HANOVER, Germany 鈥 Daimler Truck leaders are calling on governments to help advance the buildout of EV charging infrastructure, saying it is the missing piece for fleets to adopt the technology.
September 16, 2024Washington State Moves to Block Albertsons-Kroger Deal
Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.
September 16, 2024Amazon Contract Drivers Organize With Teamsters in New York
Hundreds of Amazon contract-delivery drivers at a New York City warehouse are organizing with the Teamsters, demanding that the company bargain with them over wages and working conditions.
September 16, 2024Trending
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