Tesla co-founder JB Straubel’s battery recycling firm, Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects.
November 25, 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.
MD-11 Grounding After Crash May Linger for UPS, FedEx
The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an “undeterminable period,” creating havoc for UPS, FedEx and a Florida-based carrier.
November 25, 2025Barak Turovsky, GM's Head of AI, Leaves Automaker
General Motors' chief AI officer is out, marking the loss of another Silicon Valley alum as the company works to bulk up staffing to support tech innovation at the Detroit automaker.
November 25, 2025Consumer Confidence in November Slides to Lowest Since April
U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation.
November 25, 2025Canada Delays Trade Data After US Shutdown
Statistics Canada said it will not publish October trade data as was scheduled on Dec. 4. The agency had previously confirmed September numbers would be postponed.
November 25, 2025Iconic Illinois Foundry Reopens Focused Just on Brake Drums
The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.
November 25, 2025PrePass, Vermont Launch App in State to Speed Truck Travel
Vermont’s Department of Motor Vehicles and the PrePass Safety Alliance have activated mobile bypass technology at two inspection sites, enabling faster travel for approved trucks.
November 25, 2025Daimler Truck’s Rizon Brand Expands US Dealership Network
Daimler Truck announced Nov. 24 that its Rizon brand has expanded its sales network into Arizona, Washington, New York and New Jersey through new dealership partnerships.
November 25, 2025Mack Delivers First Pioneer Semis to Fleet Owners in the US
The tractor was unveiled as the brand’s new flagship on-highway tractor in April in Brooklyn, N.Y., near where the company was founded 125 years earlier by Jack and Gus Mack.
November 25, 2025Trump, Xi May Hold 4 Meetings in 2026
Treasury Secretary Scott Bessent’s comments come after Trump and Xi spoke on Nov. 24, their first conversation since the two leaders met in Busan, South Korea, in October.
November 25, 2025Trending
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