DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.
October 3, 2024Trucking 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.
DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover
Trucking Industry Accelerates Hurricane Helene Relief
Trucking industry and governmental aid efforts are underway to assist communities reeling from Hurricane Helene, a Category 4 storm that slammed the Gulf Coast on Sept. 26.
October 3, 2024Maximizing Safety and Efficiency: How Improving Your ISS Score Boosts Bypass Rates and Driver Retention
Program Airs: October 3, 2 p.m. ET聽Learn how improving your ISS (Inspection Selection System) score can lead to higher bypass rates and better driver retention.
October 3, 2024Volvo Begins Series Production of VNL Tractor in Virginia
Volvo Trucks North America began series production of its redesigned Class 8 flagship VNL tractor at the 2.3 million-square-foot New River Valley assembly plant in Dublin, Va., it said Oct. 3.
October 3, 2024The Future of EV Charging Looks a Lot Like an Airport Lounge
Charging an electric vehicle in the future increasingly looks like an experience somewhere between a truck stop and an airport lounge.
October 3, 2024August Used Truck Sales Show Little Change
Sales rose 1.3% to 22,800 units from 22,500 in August 2023, but the figure was unchanged from July.
October 3, 2024Nikola Sells 88 Class 8 Hydrogen Fuel Cell Trucks in Q3
鈥淒espite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and we鈥檙e doing it one truck at a time,鈥 CEO Steve Girsky said.
October 3, 2024Biden Urges Dockworkers, USMX to Resume Talks
President Joe Biden ratcheted up pressure on U.S. port employers and shipping lines to restart talks with striking dockworkers, warning that the unfolding strike could turn into a 鈥渕an-made disaster.鈥
October 3, 2024Stellantis CEO Mulls Exiting After Contract Ends in 2026
In his first public comments since Stellantis confirmed it had started searching for his successor, CEO Carlos Tavares signaled he鈥檚 open to leaving the automaker just over a year from now.
October 3, 2024Peterbilt Provides Vocational, Medium-Duty Product Updates
The truck maker detailed recent updates to its vocational and medium-duty truck models Oct. 1 at its Vocational VIP Customer event.
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