Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.
May 23, 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.
Economic Factors Bombard Truck Makers From All Angles
JBS Overcomes Backlash to Secure NYSE Debut
The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.
May 23, 2025Volvo Cars CEO Insists R&D Direction Not Shifting to China
“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”
May 23, 2025From Crickets to Click-Throughs
These days, YouTube has expanded to offer tools that enable companies to personalize their content, cash in on the podcast frenzy, facilitate in-video purchasing and more.
May 23, 2025TMS Suppliers Prepare for AI Implementation
Suppliers of transportation management systems are building connections with virtual agents and assistants powered by AI while also investing in their own AI features.
May 23, 2025Pacific Coast Highway to Reopen Near Malibu After Fires
An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.
May 23, 2025Pershing Square Buys Amazon Stake After 31% Stock Price Drop
Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.
May 23, 2025Trump Threatens 50% Tariff on EU as Trade War Intensifies
President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America.
May 23, 2025Samsara Partners With Rivian to Aid Fleet Management
Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.
May 22, 2025Steelworkers Head Urges Trump to Reject Nippon Bid
The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.
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