Business
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.
FHWA Grant Supports Automated Truck Corridor on Interstate 70
A team of partners including the Indiana and Ohio departments of transportation has been awarded a federal grant of $4.4 million in support of an automated truck corridor.
Technology Is Key in Fleets’ Response to Coronavirus Pandemic
Technology has shaped how trucking companies have navigated through the coronavirus pandemic while setting the resulting economic slowdown apart from past ones.
Nikola Sets Truck Production Schedule, Envisions Autonomous Model
Zero-emission truck maker Nikola Corp., which recently jumped to a publicly traded company from its startup perch, has begun building prototypes of its heavy-duty battery-electric model in Germany and is set for groundbreaking on a plant in the United States this summer.
Disappointing Home Construction Starts Belie Firmer Market
U.S. home construction starts rose less than forecast in May, indicating builders were slow to resume work and contrasting more recent data that points to a pickup in housing demand.
California AG Xavier Becerra, Trucking Group Spar Over AB 5
Arguments by the California Trucking Association aimed at blocking enforcement of a new independent contractor law using the federal pre-emption clause are being challenged in a new court brief filed with the 9th U.S. Circuit Court of Appeals by California Attorney General Xavier Becerra.
USDOT Nominee Joel Szabat Touts Long-Term Highway Reauthorizations
Multiyear federal guidelines on highway policy contribute to long-term planning at state agencies, USDOT nominee Joel Szabat said June 16.
Boeing Max Disasters Spur Senate Bid to Toughen New-Jet Rules
A Senate bill introduced June 16 calls for more government oversight of aircraft certification in reaction to a pair of Boeing Co. 737 Max crashes.
Amazon Deploys Social Distancing Software at US Warehouses
Amazon.com Inc. is deploying software in its warehouses to automatically warn employees when they are too close to colleagues, the latest effort by the retailer to adjust its facilities to life with the coronavirus.
Nation’s Ports Post Drop in May Cargo
Container volumes in May were down at most of the nation’s major seaports as the facilities struggled with the deepening U.S. recession and the slowdown of Asian and European economies at the start of the coronavirus outbreak earlier this year.
Volvo Announces Plan to Cut 4,100 From Workforce
Volvo Group will reduce its white-collar workforce by 4,100 starting in the second half of the year as it confronts lower demand during the novel coronavirus pandemic.