Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.
August 14, 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.
Rheinmetall Expands in US With $950 Million Defense Deal
Rheinmetall AG is set to buy a U.S. military vehicle specialist for $950 million as the German company seeks to expand its position in the world’s largest defense market.
August 14, 2024CPI Inflation Slowed Again in July
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
August 14, 2024FedEx Freight’s Light Conquers Pennsylvania
This summer, the one time Mike Light focused all his energy on demonstrating the full prowess of his precision-driving skills, he took home Pennsylvania’s grand champion trophy.
August 13, 2024Darling Ingredients Surges on California Proposal
Darling Ingredients soared the most in eight years after California signaled it may limit the use of seed oils in green diesel, which would be a boon to companies that use rival feedstocks.
August 13, 2024Cargill Revenue Down as Trader Struggles With Profit Targets
Cargill Inc. took a revenue hit of almost 10% in its most recent fiscal year, a decline that comes amid signs of profit struggles at the world’s biggest crop trader.
August 13, 2024Norfolk Southern Investing $200M to Boost Alabama Capacity
Norfolk Southern will invest $200 million to grow capacity on a key Alabama rail line in a freight corridor for agriculture, automotive, chemicals, forestry and steel goods.
August 13, 2024Peterbilt Showcases Electric Vehicles
SONOMA, Calif. — Peterbilt is working with its dealers and customers to deploy end-to-end solutions for electric vehicle applications and meet regulatory requirements.
August 13, 2024Kroger and Albertsons Spend More Than $800M on Merger Fees
Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.
August 13, 2024New Texas-Mexico Border Lanes Speed Up Commercial Traffic
U.S. CBP officers can now inspect more inbound trucks from Mexico at a border crossing into Texas since construction is complete on an $8 million project donated by the City of Pharr.
August 13, 2024Trending
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