WASHINGTON — Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace.
October 12, 2023Trucking 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.
Inflation Eased Slightly in September
Class 8 Sales Fall in September for Second Consecutive Month
Class 8 retail sales in September fell from the year-ago period for the second straight month, declining 3.2%, Wards Intelligence reported.
October 11, 2023UAW Members Walk Out at Ford Kentucky Truck Plant
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest plant, a highly profitable pickup factory in Kentucky.
October 11, 2023Tesla Taps European Stainless Steel Producer for Cybertruck
Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.
October 11, 2023KAG Acquires Liquid Bulk Carrier Idaho Milk Transport
Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11. The deal expands KAG's reach in the Pacific Northwest.Â
October 11, 2023Port of Savannah Seeks to Deepen Shipping Lane Again
SAVANNAH, Ga. — Just 18 months after crews finished the $1 billion dredging of the Savannah River channel, the Georgia Ports Authority wants to study deepening the shipping lane again.
October 11, 2023Navistar Relaunches Financial Services Retail Capabilities
Truck maker Navistar announced Oct. 4 that its financial services business is reintroducing retail capabilities to serve truck and bus customers.
October 11, 2023ATRI Top Issues, Spear State of the Industry Lead MCE Agenda
American Trucking Associations’ annual Management Conference & Exhibition in Austin will showcase insight, perspective and analysis meant to boost understanding about the industry.
October 11, 2023Shell Starship 3.0 Demo Runs Produce Lower Emissions
Shell announced the results from demonstration runs of its Shell Starship 3.0 truck that included a reduction of energy usage and carbon emissions.
October 11, 2023China’s CATL, BYD Dominate EV Battery Market
Chinese companies are expanding their share of the U.S. and European electric car battery markets thanks to lower prices, cementing their domination of the industry globally.
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