More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.
June 3, 2025Trucking 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.
Trucks in China Make Switch From Diesel to Electric
Joby Considers Air Taxi Deal Worth Up to $1 Billion
Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.
June 3, 2025Trump Trade War to Hobble US Growth, OECD Says
U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.
June 3, 2025Manufacturing Activity Shrank in May for Third Straight Month
U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.
June 3, 2025Uber Promotes Company Veteran to Chief Operating Officer
Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.
June 2, 2025Canada Premiers Pitch Carney on Pipelines, Ports and Mines
Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.
June 2, 2025Group That Won Trade Ruling Wants Tariffs Halted During Appeal
A group of small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal.
June 2, 2025Update: Oregon, Vermont Halt Zero-Emission Truck Mandates
Industry groups are urging more states to reconsider aggressive EV truck mandates, pointing to Oregon and Vermont’s recent moves as models. Â
June 2, 2025Trump Seeks Xi Call as Rare Earth Clash Escalates
After the U.S. and China agreed to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.
June 2, 2025US-China Trade Tensions Flare Again as Talks Stall
The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.
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