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.
Michigan Lawmaker Proposes Bill to Limit EPA Emission Rules
U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the EPA from finalizing strong new emission standards that would push the auto industry toward EVs.
Louisiana Trucker Damien Hebert Driven by Details
Louisiana’s Damien Hebert, last year’s national winner in the twin trailers division, is passionate about details, and he proves it at truck driving championships.
Fatal Fire Still Burning on Newark Cargo Ship
NEWARK, N.J. — A cargo ship burned for a third day July 7 at a New Jersey port after claiming the lives of two firefighters on July 6.
July 7, 2023Union Workers Question Safety at GM’s Ultium Battery Plant
While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.
Hiring Slowed but Continued Growth With 209,000 Jobs in June
America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, another sign of the economy's resiliency.
EV Auto Sales Growth Slows
Electric vehicle sales growth, while still brisk, has begun to slow in the U.S. as inventory of battery-powered models piles up on dealer lots.
Rail Industry Sues Ohio Over Crew Size Rule
COLUMBUS, Ohio — The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.
Rivian CEO Scaringe Eyes New Commercial Clients
Rivian Automotive Inc. is ready to take on more commercial partners beyond Amazon.com Inc. after a recent run of production success.
Strong Q2 For Toyota, GM Points to Auto Industry Strength
General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves.
Amazon Fleet Electrification Sees 5,000 Rivian Vans on Roads
Amazon's electrification of its delivery fleet gained pace over the past six months while still lagging earlier targets. The e-commerce giant has rolled out more than 5,000 EVs in the past year.
July 6, 2023