Accuride’s U.S. and Canadian businesses filed for Chapter 11 bankruptcy protection in October with liabilities of between $500 million and $1 billion.
February 10, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
North Carolina Welcomes $85M Logistics Warehouse on I-95
North Carolina officials announced that Cold-Link Logistics will build an $85.5 million cold storage warehouse along I-95 to handle local and regional poultry and other food products.
February 10, 2025Inflation Fears Grow With Tariff Uncertainty Looming
Expected inflation five years ahead rose to 3% last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10.
February 10, 2025Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
February 10, 2025Cemex CEO Fernando González to Step Down After 30 Years
González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.
February 10, 2025China’s 10% Tariff on US Cars Hits GM, Ford SUVs
China’s 10% additional tariff on vehicles with engines larger than 2.5 liters imported from the U.S. took effect Feb. 10.
February 10, 2025Hyzon CEO Meeks Exits; Ex-Daimler Truck Executive Takes Over
Parker Meeks stepped down as CEO at hydrogen fuel cell electric truck maker Hyzon. He was appointed to the post permanently in April 2023 after holding the role in an interim capacity.
February 10, 2025Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026
Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.
February 10, 2025A Timeline of US-China Retaliatory Tariffs
TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.
February 10, 2025Heartland Express Targets Major Operating Ratio Improvement
The Iowa-based company posted a loss in the fourth quarter of 2024 as the ongoing integration of two acquisitions alongside the industrywide freight recession weighed heavily on its OR.
February 10, 2025