Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.
December 14, 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.
FMCSA Leader Highlights Recruitment Efforts Targeting Women
An advisory board focused on women entering the trucking workforce is among recruitment programs meant to tackle a driver shortage industrywide, FMCSA said recently.
December 14, 2023Congress OKs Bill Ensuring Truck Access to Military Bases
Congress has advanced a comprehensive Pentagon policy bill with provisions specific to trucking, clearing the measure for enactment before the legislative body adjourns.
December 14, 202360 Seconds: It's Not Too Early for Winterization
The primary goal, experts say, is to never be surprised by an early winter storm and keep fleets running. Prepare for anything your drivers and your trucks might need.Â
December 14, 2023Rush Enterprises Boss Anticipates Truck Sales Slowdown
SAN ANTONIO — Rush Enterprises CEO W.M. “Rusty” Rush anticipates a slowdown in truck sales next year, with the industry steadily catching up on its backlog of orders.
December 14, 2023Kroger, Albertsons Bracing for January FTC Decision on Deal
Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.
December 14, 2023Retail Sales Rise 0.3% in November as Holiday Rush Begins
Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.
December 14, 2023BMW Expects EV Sales to Keep Growing but at a Slower Pace
BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.
December 14, 2023November Medium-Duty Sales Rise 6.1% Year-Over-Year
U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.
December 13, 2023Fed Keeps Rate Unchanged, Signals Cuts Coming Next Year
The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.
December 13, 2023Trending
Newsletter Signup
Subscribe to Transport Topics
