Governors from 16 states have sent a letter to President Joe Biden, asking him to rescind his electric vehicle mandates in favor of letting the market determine adoption.
January 25, 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 Q4 Earnings Fall Short of Analyst Estimates
DETROIT 鈥 Tesla鈥檚 net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of 鈥渘otably lower鈥 sales growth this year.
January 24, 2024German Charging Firm EcoG to Locate Headquarters in Detroit
EcoG, a German electric vehicle charger company, plans to invest $14.4 million to establish its American headquarters in Detroit, with the help of a grant from the Michigan Strategic Fund.
January 24, 2024Canadian National Railway Maintains Earnings Growth Forecast
Canadian National Railway is sticking with its outlook for double-digit profit growth over the next few years, moving past a 2023 marred by labor strife, low grain shipments and a sluggish economy.
January 24, 2024Samsara Files Patent Infringement Lawsuit Against Motive
Fleet telematics provider Samsara filed a patent infringement lawsuit alleging that competitor Motive Technologies has covertly stolen its technology patents and adopted them as its own.
January 24, 2024US House Advances Bill to Protect Moving Privacy
Legislation intended to protect people鈥檚 personal information was easily approved by the U.S. House of Representatives this month.
January 23, 2024Hydrogen Company Plug Power Closes In on $1.6 Billion Loan
Plug Power Inc. surged the most in three years after the hydrogen company said it鈥檚 getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.
January 23, 2024New Landstar Facility to Focus on Owner-Operators
Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18. The facility will be built with owner-operators in mind.
January 23, 2024Paccar Delivers 54% Jump in Q4 Profit, Record Revenues
Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.
January 23, 2024Volvo Unveils Redesigned Flagship Class 8 VNL Tractor
Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.
January 23, 2024Trending
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