TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.
August 31, 2022Trucking 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.
EV Makers Lucid, Nikola Plan for Stock Sales
It was probably a case of now or never for the latest pair of electric vehicle makers to announce fundraising plans as they burn through cash.
August 30, 2022Nikola Announces Leadership Changes, Moves Ahead With Acquisition of Romeo Power
Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.
August 30, 2022Florida Launches Alert System for Work Zones, Lane Closures
Truckers and others driving through Florida have a new alert system for lane closures with real-time updates from work zones along interstates and state roads that’s being billed as the first of its kind in North America.
August 30, 2022Colonial Freight to Close after Nearly 80 Years
After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.
August 30, 2022Wabash Adds Two Large Dealers in East
Wabash announced it added two large dealers to its North American dealer network: Bergey’s Truck Centers and Allegiance Trucks.
August 30, 2022Port of Port Arthur Plans for $20 Million Expansion in 2023-24
Port of Port Arthur, Texas, will receive $13.6 million in a federal USDOT grant that port officials say will significantly upgrade the East Texas facility during the next year.
August 30, 2022Containership Backlog Outside L.A. Ports Is Almost Cleared
The number of containerships headed for the California ports of Los Angeles and Long Beach — a traffic jam that once symbolized American consumer vigor during the pandemic — declined to the lowest level since the bottleneck started to build two years ago.
August 30, 2022Three of 12 Rail Unions Announce Tentative Deal
OMAHA, Neb. — Three of the 12 unions negotiating with the nation’s biggest freight railroads have reached a tentative deal that will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen.
August 30, 2022West Michigan International Adds State's First Public Fast Charger
West Michigan International announced the grand opening of Michigan’s first public electric commercial vehicle charging station at its Kalamazoo location.
August 29, 2022Trending
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