VW Proposes 10% Pay Cut in Effort to Avoid Factory Closures
Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.
October 30, 2024Trucking Stakeholders Tackle Biggest Cybersecurity Concerns
CLEVELAND — Trucking is dealing with an evolving cybersecurity environment that raised concerns among industry experts during a panel discussion Oct. 28.
October 30, 2024Rust Belt Sees Boom in EV Charging
As electric car sales pick up pace far from the U.S. coasts, a wave of new fast-charging stations is coming online from the Rust Belt down to the Deep South.
October 30, 2024Stellantis Pauses Production at Detroit Assembly Complex
Stellantis continued to slash vehicle production and cut jobs in the United States this week, including at the automaker’s Detroit Assembly Complex.
October 30, 2024Daimler Truck Says It’s Reviewing China Operations
BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.
October 30, 2024Refrigerated Rates’ Near-Term Upside Likely Limited: FTR
Rates will improve in 2025, however, as will volumes, FTR Vice President of Trucking Avery Vise said during the research group’s Q4 2024 Food Industry Economic and Transportation Update.
October 30, 2024Recruiting Professional of the Year 2024
It’s time to get ready for you to start receiving nominations for the 2024 Transport Topics Recruiting Professional of the Year.
October 30, 2024Caterpillar Misses Estimates on Weakening Construction
Caterpillar Inc. posted a third-quarter profit that missed analysts’ expectations as the machinery producer grappled with weakening demand in construction around the world.
October 30, 2024Volvo to Take Ownership of Northvolt Battery Joint Venture
Volvo Car is taking over a joint venture with Northvolt to build a factory on Sweden’s west coast, underscoring the major challenges of scaling battery production in the EV market.
October 30, 2024Economy Grows at Solid 2.8% Pace on Strong Consumer Spending
WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
October 30, 2024