Italy’s government is in talks with Stellantis NV, the carmaker formed by the merger of Fiat Chrysler and PSA Group, about investing in electric-vehicle battery manufacturing in the country, according to people familiar with the matter.
May 28, 2021Trucking 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.
Analysts Expect Electric F-150 to Capture Commercial Sales
Commercial buyers will be among the fastest adopters of electric pickup trucks like the Ford F-150 Lightning that will go on sale next year, according to industry analysts.
May 28, 2021Consumers Boosted Spending by Just 0.5% in April
WASHINGTON — Americans increased their spending by a slight 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks.
May 28, 2021Safety Ratings Yanked After Tesla Pulls Radar From Two Models
DETROIT — Two key groups that offer automobile safety ratings are yanking their top endorsements from some Tesla vehicles because the company has stopped using radar on its safety systems.
May 28, 2021Ford: Electric Vehicles to Be 40% of Global Sales by 2030
Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them.
May 28, 2021Average Price for Used Class 8 Sets All-Time Record
The average sales price for a used Class 8 sold in April set the all-time record, clearing $57,000, 50% higher than a year earlier.
May 27, 2021Shipping Container Rates Top $10,000 From Asia to Europe
The cost to move goods in a shipping container to Europe from Asia shot above $10,000 for the first time on record, an index showed, underscoring the pain inflicted on exporters and importers struggling with stretched supply chains.
May 27, 2021Carriers Continue to Raise Wages Amid Driver Shortage
Trucking companies are continuing to increase driver pay as labor capacity remains a challenge amid strong demand.
May 27, 2021Biden to Meet GOP Next Week on Infrastructure After Latest Offer
President Joe Biden plans to meet with Republicans next week after a group of GOP senators pitched a fresh offer on a major new infrastructure plan that still left them over $1 trillion short of the White House’s latest proposal.
May 27, 2021Aurora Expands Autonomous Trucking Tests in Texas
Autonomous vehicle technology developer Aurora Innovation Inc. said it plans to expand testing throughout Texas as it works toward commercializing self-driving trucks.
May 27, 2021Trending
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