Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles exported to China for problems with their automatic assisted steering and door latch controls.
January 5, 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.
Tesla Recalls Chinese Exports to Fix Steering, Door Glitches
Economic Strength Persists With 216,000 New Jobs in December
The nationās employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
January 5, 2024Maersk Extends Red Sea Diversion and Warns Risk Will Persist
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea āfor the foreseeable futureā after pausing transits earlier this week to assess the situation.
January 5, 2024Update: Federal Funding Bill Tops 2024 Agenda
It was late into 2023 when Rep.Ā Mike JohnsonĀ (R-La.) first addressed the U.S. House of Representatives in his new role as Speaker of the House, but Johnson hit the ground running.
January 5, 2024Amazon Captured 29% of Online Orders Before Christmas
Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.
January 5, 2024Kia, Toyota, Ford Earn 2024 APA North American Awards
The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Fordās Super Duty pickup won the truck award.
January 4, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
January 4, 2024November Used Class 8 Sales Rise 2% Year-Over-Year
Used Class 8 truck sales rose just shy of 2% year-over-year in November to 20,500 units from 20,100 vehicles, ACT Research reported.
January 4, 2024Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
January 4, 2024GM Misses 2023 EV Goal by Half as Production Woes Persist
General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.
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