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.
Judge: Tesla Must Face Suit Alleging Buyers Were Misled
Tesla must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a U.S. district judge ruled May 15.
Bridge From Galveston to Island Closes After Barge Strike
A bridge connecting Galveston, Texas, with a small nearby island was shut down after a barge strike.
Executives, Analysts See Less Cloudy Truckload Market Outlook
The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.
Range, Thermo King Team Up on Electric Reefer Trailer Pilots
Range Energy is teaming up with Thermo King to investigate the possibilities for electric refrigerated trailers, the companies said May 9.
Infrastructure Stakeholders Renew Calls for Funding
WASHINGTON — Approving legislation that promotes funding for safety programs and supply chain connectivity is atop the priority list for infrastructure stakeholders.
Truck Driver Recruitment Refocused on Pay During Q1
Truck driver recruitment and retention continued to face downward pressure in the first quarter, but there have been signs that competition for their service is starting to increase.
Uber to Launch Shuttle Buses at Airports, Concert Venues
Uber Technologies is launching shuttle bus services to and from airports, concert venues and sports stadiums, bringing a lower-cost service already available overseas to the U.S.
April Medium-Duty Sales Continue Year-Over-Year Gains
U.S. retail sales for medium-duty trucks hit their sixth consecutive month of year-over-year gains in April, according to data from Wards Intelligence.
Motional Halts Las Vegas Commercial Self-Driving Operations
Autonomous vehicle company Motional is halting its Las Vegas commercial self-driving operations and laying off 129 Southern Nevada employees.
Spate of Self-Driving Probes Points to Higher Safety Bar
Companies offering driver-assistance systems and developing autonomous vehicles are entering a new phase of more exacting oversight.