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.
Frank Lonegro Named CEO at Landstar, Succeeding Jim Gattoni
Landstar System has selected Frank Lonegro to replace James Gattoni as president and CEO early next year, the company announced Dec. 4.
December 7, 2023Omnitracs Sues Motive Technologies for Patent Infringement
Motive Technologies Inc. in a Dec. 6 legal filing attacked the legal standing of a technology patent infringement lawsuit filed against it by Omnitracs.
Tesla’s Dojo Supercomputer Head Exits in Blow to Efforts
Tesla Inc.’s Dojo supercomputer project lead Ganesh Venkataramanan has left the company, according to people familiar with the matter, a setback to the automaker’s self-driving efforts.
Ryder Reveals First Two Companies in EV Fleet Program
Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.
Board Proposes Adding Fentanyl to Drivers’ Drug Testing List
A federal drug advisory group has begun the cumbersome process of placing fentanyl on the list of drugs to test federal safety-sensitive employees and truck drivers for drug use.
Using Technology to Solve Trucking’s Top Industry Issues
Program Aired: December 7, 2 p.m. ET Recently released results from an American Transportation Research Institute survey shows the economy, truck parking, fuel prices and zero-emission vehicles are some of the most critical issues in trucking, among others. Register for this webinar, presented by PrePass and Geotab, and learn new ways your fleet can use technology to better address these important concerns.
December 7, 2023US-Mexico Trade Trends Indicate Nearshoring Has Momentum
The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.
November Class 8 Orders Rebound From Three-Month Slump
North American Class 8 truck orders for November rebounded from three months of year-over-year declines, according to ACT Research.
Renault Taps AI to Cut EV Production Costs in Half by 2027
Renault SA is deploying artificial intelligence technology to help cut the cost of producing electric vehicles in half by 2027 as the race to make affordable mass-market cars intensifies.
Uber Freight and Torc Robotics Form Partnership on Autonomous Trucks
Uber Freight announced a deal that aligns it with Torc Robitics, and separately outlined how it is delving into where artificial intelligence might support its services in the years ahead.