The driver shortage in the trucking industry continues, and longhaul routes remain the most vexing issue, according to experts.
February 11, 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.
Trump Risks Inflation With Steel, Aluminum Tariffs
President Donald Trump on Feb. 10 removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%.Â
February 11, 2025Wheel OEM Accuride’s US Operations Emerging From Bankruptcy
Accuride’s U.S. and Canadian businesses filed for Chapter 11 bankruptcy protection in October with liabilities of between $500 million and $1 billion.
February 10, 2025North Carolina Welcomes $85M Logistics Warehouse on I-95
North Carolina officials announced that Cold-Link Logistics will build an $85.5 million cold storage warehouse along I-95 to handle local and regional poultry and other food products.
February 10, 2025Inflation Fears Grow With Tariff Uncertainty Looming
Expected inflation five years ahead rose to 3% last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10.
February 10, 2025Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
February 10, 2025China’s 10% Tariff on US Cars Hits GM, Ford SUVs
China’s 10% additional tariff on vehicles with engines larger than 2.5 liters imported from the U.S. took effect Feb. 10.
February 10, 2025Hyzon CEO Meeks Exits; Ex-Daimler Truck Executive Takes Over
Parker Meeks stepped down as CEO at hydrogen fuel cell electric truck maker Hyzon. He was appointed to the post permanently in April 2023 after holding the role in an interim capacity.
February 10, 2025Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026
Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.
February 10, 2025Trending
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