Wisconsin has awarded $5.3 million in grants for seven harbor maintenance and improvement projects to enhance its waterborne freight and economic development.
February 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.
Diesel Falls 9.5¢ to $4.444 a Gallon
The national average price for a gallon of diesel sank by 9.5 cents, reaching $4.444 a gallon, according to data for the week ending Feb. 13 provided by the Energy Information Administration.
February 13, 2023Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL
Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.
February 13, 2023Class 8 Truck Sales Reach 19,932 in January
U.S. Class 8 retail sales in January rose 34.2% year-over-year, Wards Intelligence reported.
February 13, 2023Amazon’s Self-Driving Car Shuttles People on Public Roads for First Time
Zoox Inc., the self-driving startup owned by Amazon.com Inc., carried passengers in its fully autonomous vehicle on public roads for the first time.
February 13, 2023Maersk Suing Evergreen Over 2021 Suez Canal Blockage
Shipping giant A.P. Moeller-Maersk said in an email to The Associated Press that it filed a claim against Evergreen Marine Corp., the vessel’s Japanese owner and its German technical manager in the Danish Maritime and Commercial High Court.
February 13, 2023Ritchie CEO Promotes Merits of IAA Deal Ahead of Vote Showdown
Ritchie Bros. Auctioneers Inc. has the potential to double its share price if it takes over IAA Inc., its CEO said as she launches a final push to fend off opposition from some shareholders to the deal.
February 13, 2023Love’s Offers Auto Fuel Discount
Love’s Travel Stops is offering a 10-cent-per-gallon discount on gasoline and auto diesel, the company announced Feb. 10.
February 13, 2023Finnish EV Fast-Charger Maker Setting Up Shop in North Carolina
A Finnish maker of fast chargers for electric vehicles is dipping its toe into the U.S. market with a $41 million venture in North Carolina.
February 10, 2023TMC Annual Meeting to Spotlight Root Cause Analysis
Root cause analysis will be in the spotlight during the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition in Orlando, Fla., on Feb. 27-March 2.
February 10, 2023Trending
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