General News
Coca-Cola Names Company Veteran Henrique Braun as CEO
The Atlanta beverage giant said its board elected Henrique Braun as CEO effective March 31. James Quincey, Coke's current chairman and CEO, will transition to executive chairman.
Ford Agrees to Break Up Battery Venture With Cell Partner SK
SK Innovation’s battery unit SK On will take over the companies’ BlueOval SK plant in Tennessee, while Ford will take on their factory in Kentucky, according to an emailed statement.
BP Wins Big in Trump’s First Gulf of Mexico Oil Lease Sale
A unit of BP was the high bidder in a U.S. auction for oil and gas drilling rights in the Gulf of Mexico, the first sale held during President Donald Trump’s second term.
Clock Ticks on Trump Transportation Nominees
The Commerce Committee recently approved nominees for leadership roles in the secretary’s office and key safety agencies, setting up confirmation votes as early as this month.
Woman Has Baby in Waymo Self-Driving Taxi in San Francisco
A mother was in a Waymo self-driving taxi on her way to the University of California, San Francisco, medical center when she delivered her baby inside the robotaxi, Google parent Alphabet said.
Government Says Fed Workforce Down 317,000 Workers in 2025
The number of federal employees who left their jobs in 2025 will total about 317,000 after efforts by Elon Musk and the Trump administration to reshape the government workforce.
Federal Reserve Cuts Key Interest Rate Again
The Federal Reserve reduced its key interest rate for the third time in a row Dec. 10 but signaled that it may leave rates unchanged in the coming months.
Michelle Randazzo to be Next Daimler Truck North America CFO
She will succeed retiring current CFO Stefan Kurschner, who will remain with DTNA through January, DTNA said.
Industry Reacts to English-Language Enforcement Crackdown
The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.
Switzerland’s Improved US Tariff Deal to Apply Retroactively
The reduction will cut the levy to 15% from a previous level of 39%, a punitive rate that was the highest slapped on any developed country.
Kenworth, Peterbilt Add to Battery-Electric Lineups
Kenworth and Peterbilt continue to build out their battery-electric tractor and truck portfolios, launching three new models each Dec. 9.
Canada's Ambassador Hillman to Resign Before USMCA Review
Ambassador Kirsten Hillman said in a letter it is the right time to put in place someone who will oversee talks about the United States-Mexico-Canada Agreement that is up review in 2026.
Uber Pulls Back From EVs, Slashing Incentives for Drivers
A handful of states and cities have enacted rules requiring ride-hailing companies to rapidly electrify their fleets. Uber is pushing back, urging California regulators to delay enforcement.
States Push Unified Plan to Curb Trucking Fraud, Abuses
A group of state trucking associations has released an action plan identifying seven areas bad actors exploit in the industry with solutions to eliminate fraud and illegal operators.
US Navy Looks to Palantir in Push to Ramp Up Shipbuilding
The U.S. Navy is turning to Palantir as part of its effort to speed up submarine production, in a bet that the company’s analytics capabilities can better expose supply chain problems.