Two of Donald Trump’s former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production — even sources Trump has ridiculed.
January 30, 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.
Trump’s Commerce Pick Leaves CHIPS Act Direction Unclear
“I can’t say that I can honor something I haven’t read,” Howard Lutnick, Trump’s nominee for commerce secretary, said of the binding CHIPS Act awards in a confirmation hearing Jan. 29.
January 29, 2025Tesla’s Market Value Surges Despite EV Demand Concerns
The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
January 29, 2025ZM Trucks to Launch US Production in California in 2025
The company, a subsidiary of ZO Motors, plans to manufacture zero-emission commercial vehicles at the new 210,000-square-foot plant, starting in the first half of 2025.
January 29, 2025Honda Recalls 295,000 Honda, Acura Vehicles
Honda said it is voluntarily recalling about 295,000 Honda and Acura vehicles to update the fuel injection electronic unit, a device that determines how much fuel enters the engine.
January 29, 2025New USDOT Secretary Duffy Orders Fuel Economy Rule Rewrite
Newly appointed Transportation Secretary Sean Duffy ordered a rewrite of more stringent U.S. fuel economy rules, following through on one of President Donald Trump’s first directives.
January 29, 2025Uber Tests Price Lock Pass to Rival Lyft
Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.
January 28, 2025Paccar Q4 Profit Falls but Leaders Predict Better 2025
The Bellevue, Wash.-based truck maker posted a profit of $872 million or $1.66 per diluted share in the fourth quarter of 2024, down 38.5% compared with $1.42 billion, $2.70, in 2023.
January 28, 2025Continental Sees Tough Climate in Auto Unit’s Spinoff Year
Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.
January 28, 2025Senate Confirms Sean Duffy for DOT Secretary
WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.
January 28, 2025