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.
Walmart Offers Workers Opportunities in Skilled Trade Jobs
NEW YORK — Walmart is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.
GOP Seeks Probe of Plug Power’s $1.7 Billion in US Backing
Sen. John Barrasso is asking a government watchdog to investigate nearly $1.7 billion in financing offered last month to hydrogen company Plug Power Inc.
June 5, 2024New York Governor Delays Congestion Pricing
New York Gov. Kathy Hochul has indefinitely postponed a plan to charge motorists driving into much of Manhattan, upending an initiative that was slated to kick in at the end of the month.
3PL Total Distribution Adds to Ohio Operations
Third-party logistics specialist Total Distribution Inc. bought D+S Distribution and Integrated Logistics Services for an undisclosed sum, the Peoples Services Inc. subsidiary said.
Poll: Many Americans Still Shying Away From EVs
WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.
Mercedes and Stellantis Press Pause on EV Battery Factories
Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.
House Lawmakers Introduce Moving Protection Bill
Legislation that aims to increase protections for people moving personal property was recently introduced in the U.S. House of Representatives.
Tractor Supply Opens Its Largest Multistate Distribution Center
Tractor Supply Co. will open the company’s largest distribution center in Arkansas to supply products for local e-commerce orders and 250 stores in the Southeast, Midwest and Texas.
Diesel, Gas Prices to Rise July 1 in Five States
Routine fuel tax increases take effect July 1 in California, Illinois, Indiana, Missouri and Virginia, while an effort to boost fuel taxes and fees on EVs is causing controversy in New Jersey.
Trucking Attorneys Need to Get Aggressive, Expert Says
INDIANAPOLIS — Litigation psychologist Bill Kanasky has words of advice for truckers and their attorneys facing potential nuclear verdicts: Get in the game early and get more aggressive.