Nikola won court permission to auction its Arizona plant, an asset creditors said may prove valuable to automakers as the Trump administration continues to go back and forth on tariffs.
March 8, 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.
Nikola Wins Permission to Auction Manufacturing Facility
Colleges, OEMs Team Up for Hydrogen ICE Push
Two U.S. universities have teamed up with auto industry heavyweights including Daimler Truck North America to form the Hydrogen Engine Alliance of North America.
March 7, 2025Kenan Advantage Group Expands Dry Bulk Unit in Alabama
Kenan Advantage Group will buy Mobile, Ala.-based Evergreen Transport for an undisclosed sum, adding to the ongoing expansion of its dry bulk operations.
March 7, 2025Watch: Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market
The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector. Macroeconomic trends promise decrease in capacity as sales fall. Â
March 7, 2025Trump Says He May Hit Canada With Dairy, Lumber Tariffs Soon
President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as March 7, threatening again to disrupt cross-border trade.
March 7, 2025Tesla Erases $700 Billion ‘Trump Bump’
Tesla's shares are on track to erase the $700 billion post-election bump that stemmed from expectations that CEO Elon Musk's relationship with the president would benefit the company.
March 7, 2025Canadian Crude Wins Reprieve From Trump’s Tariffs
Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders.
March 7, 2025Energy Chief Plans to Seek $20 Billion to Refill Oil Reserve
Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity.
March 7, 2025Employers Add a Solid 151,000 Jobs in February
Employers added 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
March 7, 2025Walgreens Going Private in $10 Billion Sycamore Deal
The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.
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