Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric SUV in a shift that may cost the carmaker around $1.9 billion.
August 21, 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.
UPS’ Connor Christensen Hopes to Catch Fire at NTDC
UPS driver Connor Christensen from Illinois learned step van skills by observing father Ceth in four contests at NTDC. It will be Connor’s turn to take the spotlight this week in Indianapolis.
August 20, 2024Rivian Production Head Leaves for Stellantis in Latest Exit
A senior leader at Rivian Automotive’s sole factory plans to leave the company, the latest in a wave of executive departures in recent months at the electric vehicle maker.
August 20, 2024Uber Hires Ex-Tesla Charger Executive to Oversee EV Shift
Uber Technologies hired former Tesla Inc. executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles.
August 20, 2024ATA Reports Sequential Freight Tonnage Rise for July
The trucking industry in July saw a sequential rise in freight tonnage but a decrease from the year-ago period, American Trucking Associations reported Aug. 20.
August 20, 2024Will Amazon’s AI Bet Pay Off?
More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
August 20, 2024US Labor Cooldown May Have Started Earlier Than Thought
U.S. job growth in 2024 through March was likely less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling behind on interest rate cuts.
August 20, 2024Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan
For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.
August 20, 2024Albertsons Sued for Allegedly Copying Startup’s Software
Albertsons Cos. was sued by an e-commerce software maker that claims the grocery chain conducted trials with its product for three years only to steal its trade secrets to build its own system.
August 19, 2024ATA Names Dan Hilton MSC Executive Director
Dan Hilton, an alumnus of Capitol Hill and trade associations with extensive experience in government and advocacy, is the new executive director of ATA’s Moving & Storage Conference.
August 19, 2024Trending
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