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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.
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DHL Flies 17 Endangered Mountain Bongo Antelopes to Kenya
DHL Express transported 17 endangered mountain bongo antelopes from Florida to a conservation site in Kenya, the company announced in the spring.
May 28, 2025Suitors Line Up for BP’s Castrol Unit
BP's Castrol lubricant business is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, as well as Saudi Aramco.
May 28, 2025Canada Confirms No Duty Laws Broken in Vietnam Chassis Case
The assessment confirmed an April 9 preliminary ruling by the CBSA, which took into account comments and responses submitted by the main parties.
May 28, 2025OPEC+ to Maintain Group Quotas Ahead of July Output Decision
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, 2025Stellantis Names Antonio Filosa Its New CEO
Stellantis, the world’s 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 maker’s 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 state’s transportation projects.
May 27, 2025Hegseth Orders Military to Address Moving ‘Deficiencies’
Defense Secretary Pete Hegseth called on the U.S. Transportation Command to address “deficiencies” to ensure that thousands of military members have successful moves this summer.
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