Electric vehicle charging company EVgo Inc. received a loan guarantee of up to $1.05 billion from the U.S. Department of Energy.
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.
EVgo Gets $1.1 Billion Loan Commitment From DOE
IANA Appoints Anne Reinke as New President and CEO
Reinke will officially step into the role at the end of the year, succeeding Joni Casey, who is retiring after 27 years of service.
October 3, 2024Tesla Reports Fifth Cybertruck Recall Within Year of Launch
Tesla Inc. notified U.S. auto-safety officials of a fifth recall involving the Cybertruck in the less than a year since the polarizing pickup launched.
October 3, 2024Amazon, Target and Other Retailers Ramp Up Holiday Hiring
Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.
October 3, 2024Deutsche Bahn Approves Logistics Unit Sale to DSV
DSV won approval to buy Deutsche Bahn’s logistics unit for $15.8 billion, overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.
October 3, 2024FedEx Freight’s Reed to be Honored at MCE
Jackie Reed's NTDC grand championship will be celebrated at American Trucking Associations' Management Conference & Exhibition in Nashville, Tenn., on Oct. 12-15.
October 2, 2024Insured Losses From Helene Expected to Reach $6.4 Billion
The assessment includes damage to privately insured automobiles as well as residential, commercial and industrial properties and the impact of business interruption.
October 2, 2024Why Biden Says He Won't Invoke Taft-Hartley in Port Strike
According to the Congressional Research Service, about half the time that presidents have invoked Section 206 of Taft-Hartley, the parties worked out their differences.
October 2, 2024Freightliner Teases Debut of Fifth Generation Cascadia
Freightliner teased an Oct. 15 unveiling of a revamp of its flagship Class 8 on-highway Cascadia model Oct. 1.
October 2, 2024Toyota Boosts Investment in Air Taxi Maker Joby Aviation
Toyota is boosting its investment in air taxi manufacturer Joby Aviation by $500 million to support plans for commercial production, bringing its total investment to $894 million.
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