President Donald Trumpās tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.
March 18, 2025Trucking 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.
Trump Tariffs to Raise Bar to Invest in US, JETRO Says
With Fuel Tax Revenue Down, States Seek Ways to Fund Roads
EVs can help reduce emissions in the transportation sector, the nationās largest source of greenhouse gas emissions, but they also mean less gas tax revenue in government coffers.
March 18, 2025CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid
The worldās largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.
March 18, 2025Luminar Stock Jumps as Viral Video Backs Its Tech Over Tesla
In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Teslaās system.
March 17, 2025Yellow Creditors Push Plan to End Bankruptcy Case
Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the companyās remaining $550 million of cash and end its bankruptcy case.
March 17, 2025China Partially Renews US Meat Export Permits
Chinaās government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments wonāt be disrupted.
March 17, 2025Volkswagenās Audi Will Cut 7,500 Jobs in Germany by 2029
The reductions, which correspond to 14% of the brandās German workforce, wonāt affect factory workers.Ā āAudi must become faster, more agile and more efficient,ā said CEO Gernot Dƶllner.
March 17, 2025Trumpās Trade Team Debates Strategy for New Tariff Rollout
President Donald Trumpās top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.
March 17, 2025Chevron Buys $2.3B Hess Stake, Stays Confident on Merger
Chevron bought nearly 5% of Hess as a show of confidence that it will win the arbitration battle with Exxon Mobil that has delayed the Hess takeover for more than a year.
March 17, 2025PepsiCo Buys Prebiotic Soda Brand Poppi
PepsiCo said March 17 that itās acquiring the prebiotic soda brand Poppi for $1.95 billion.
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