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GovernmentSafety

Biden Again Calls on Congress to Support Baltimore

President Joe Biden urged lawmakers to approve funds for rebuilding the Port of Baltimore area during Congress’ post-election work period.

October 30, 2024
BusinessLogisticsGlobal FreightTop 100

DSV Secures $5.4 Billion in Bonds for DB Schenker Deal

The Danish transport company sold a six-part bond deal with maturities ranging from two to 10 years, according to a person familiar with the matter.

October 30, 2024
GovernmentBusinessEquipment

VW Proposes 10% Pay Cut in Effort to Avoid Factory Closures

Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.

October 30, 2024

OPEC+ Won’t Bring Back Oil Production This Year, Rystad Says

OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy.

October 30, 2024
BusinessTechnologyEquipmentSafety

Trucking Stakeholders Tackle Biggest Cybersecurity Concerns

CLEVELAND — Trucking is dealing with an evolving cybersecurity environment that raised concerns among industry experts during a panel discussion Oct. 28.

October 30, 2024
BusinessTechnology

Rust Belt Sees Boom in EV Charging

As electric car sales pick up pace far from the U.S. coasts, a wave of new fast-charging stations is coming online from the Rust Belt down to the Deep South.

October 30, 2024
BusinessEquipmentTCA

Stellantis Pauses Production at Detroit Assembly Complex

Stellantis continued to slash vehicle production and cut jobs in the United States this week, including at the automaker’s Detroit Assembly Complex.

October 30, 2024
BusinessEquipmentTCA

Daimler Truck Says It’s Reviewing China Operations

BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.

October 30, 2024
BusinessLogistics

Refrigerated Rates’ Near-Term Upside Likely Limited: FTR

Rates will improve in 2025, however, as will volumes, FTR Vice President of Trucking Avery Vise said during the research group’s Q4 2024 Food Industry Economic and Transportation Update.

October 30, 2024
Business

Recruiting Professional of the Year 2024

It’s time to get ready for you to start receiving nominations for the 2024 Transport Topics Recruiting Professional of the Year.

October 30, 2024