Toyota Motor Corp. and Hyundai Motor Co. have put their weight behind hydrogen fuel-cell vehicles, but dismal sales in 2022 suggest customers remain extremely wary.
June 8, 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.
Dismal Sales Undercut Carmakers Pushing Hydrogen Fuel Cells
Congressional Funding Leaders Eye Fiscal 2024 Bills
Moving on from monthslong negotiations over the nation’s debt ceiling, congressional leaders are turning their attention to the annual budget process on Capitol Hill.
June 7, 2023West Coast Ports See Disruption as Labor Talks Drag On
Tensions between the Pacific Maritime Association and the International Longshore and Warehouse Union are heating up as periodic, unannounced work stoppages occur at several ports.
June 7, 2023North Carolina School Gets $1.7 Million to Expand CDL Program
A $1.7 million federal grant to help Guilford Technical Community College in Jamestown, N.C., expand its truck driver training program will be matched with $2.6 million in state funds.
June 7, 2023Penske Automotive Group Buys Winnipeg Truck Retailer
Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.
June 7, 2023HTI Acquires U.S. Trailer Parts & Supply
Hinton Transportation Investments Inc. (HTI) acquired Chicago-based U.S. Trailer Parts & Supply Inc., a distributor of heavy-duty trailer parts, it said June 6.
June 7, 2023Ascend Makes Deal With Carmaker on Cathode Plant in Kentucky
Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material, at a plant it is building in Hopkinsville, Ky.
June 7, 2023Mack Trucks Showcases Upgraded Experience Center
ALLENTOWN, Pa. — Mack Trucks has opened the doors to its renovated Mack Experience Center, complete with an updated test track, redesigned meeting space and a renovated vehicle showroom.
June 6, 2023Stellantis’ Goal: Become No. 1 in Light Commercial Vehicles
The maker of Ram, Jeep, Dodge and Chrysler vehicles has set its sights on becoming the world’s top light-commercial vehicle company, but it’s going to face some major obstacles, experts say.
June 6, 2023Saddle Creek to Expand 3PL Operations in Four States
Saddle Creek Logistics Services plans to expand its warehousing and fulfillment operations in four markets, the Lakeland, Fla.-based third-party logistics provider said.
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