OPEC+ gathered online May 28 to ratify its current groupwide production quotas, ahead of a decision by eight key members this weekend whether to bolster output again in July.
May 28, 2025Trucking 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.
Stellantis Names Antonio Filosa Its New CEO
Stellantis, the worldās fourth-largest carmaker, named Italian auto executive Antonio Filosa as its new CEO on May 28, replacing Carlos Tavares, who resigned under pressure last year.
May 28, 2025Toyota Becomes Top Shareholder in Air Taxi Maker Joby
Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi makerās largest shareholder.
May 28, 2025Michigan County Board Opposes I-94 Self-Driving Corridor
Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.
May 28, 2025NYC Wins Order Against US Funding Freeze in Congestion Fight
New York won a court order temporarily barring the Trump administration from withholding federal approvals or funds for the stateās transportation projects.
May 27, 2025Hegseth Orders Military to Address Moving āDeficienciesā
Defense Secretary Pete Hegseth called on the U.S. Transportation Command to address ādeficienciesā to ensure that thousands of military members have successful moves this summer.
May 27, 2025US Poised to Receive Golden Share in US Steel-Nippon Tie-Up
The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
May 27, 2025Leasing Models Offer Fleets Cost-Control Options
Fleet operators weigh full-service versus unbundled truck leasing as costs, maintenance risks and life cycle management shape decisions.
May 27, 2025Three More Years of Clean Truck Fees Approved at Port of L.A.
The Port of Los Angeles will continue to collect a $10 clean truck fund fee for the next three years.Ā But at least two harbor commissioners indicated it warrants a closer look going forward.
May 27, 2025Sysco Helps Restaurants Caught in Trade War
Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trumpās tariffs.Ā
May 27, 2025Trending
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