The U.S. is backing Exxon and Chevron as they negotiate in Venezuela, Iraq, Libya, Algeria, Azerbaijan and Kazakhstan, according to public announcements and people familiar with the talks.
February 6, 2026Trucking 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.
BYD鈥檚 $60B Wipeout Points to Deeper Turmoil for China EVs
BYD鈥檚 Hong Kong-listed shares are down this week after disappointing sales data, extending a selloff that has shaved off more than $60 billion in market value since May.
February 6, 2026Stellantis Takes $26 Billion in Charges Tied to EV Retreat
Stellantis CEO Antonio Filosa blamed predecessor Carlos Tavares for going all-in on electric vehicles and failing to respond to shifts in the marketplace.
February 6, 2026Toyota Names Kenta Kon as Next CEO in Surprise Announcement
Kenta Kon, 57, on Feb. 6 was unexpectedly聽announced聽as the next CEO of Toyota, to replace Koji Sato, who will become vice chairman in April after three years in the role.聽
February 6, 2026Amazon Delivers Strong Q4 Sales but Misses on Earnings
Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.
February 5, 2026Argentina, US Sign Trade Agreement
Argentina and the U.S. agreed to scrap hundreds of tariffs on each other鈥檚 goods in a trade and investment deal, a major step in President Javier Milei鈥檚 push to open up the country's economy.
February 5, 2026Bob鈥檚 Furniture Goes Public With $2.2 Billion Valuation
Bob鈥檚 Discount Furniture, a home furnishings retailer backed by Bain Capital, rose 0.1% in its trading debut after the company raised $331 million in a U.S. initial public offering.
February 5, 2026ConocoPhillips Presses for Billions Owed by Venezuela
ConocoPhillips CEO Ryan Lance鈥檚 priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells.聽
February 5, 2026GenLogs Receives $60 Million to Grow Trucking Intelligence
GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.
February 5, 2026December Used Class 8 Truck Sales Gain Year Over Year
Used Class 8 truck sales in December regained positive momentum compared with the prior year after a slight dip ended five consecutive months of year-over-year gains.
February 5, 2026