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.
Carmaker Lobbying Group Pushes Back on EPA Pollution Plan
The Biden administration’s proposal to crack down on vehicle pollution with strict tailpipe emission limits isn’t achievable by 2032, according to an auto industry trade group.
XPO Workers at Florida Facility Decertify Teamsters Union
XPO workers on June 21 voted to remove a local Teamsters union from their Hialeah, Fla., workplace. Teamsters Local 769 was first certified in December 2014.
USDA Offers Up to $500 Million in Biofuel Grants
Agriculture Secretary Tom Vilsack announced that up to $500 million in federal funds are available to boost supplies of American-made biofuel.
May Used Class 8 Sales Down 4.9% Year-Over-Year
Used Class 8 truck sales in May decreased 4.9% year-over-year to 19,300 units from 20,300, ACT Research reported.
Senate EPW Leaders Introduce Diesel Emissions Bill
Legislation that would reauthorize the Diesel Emissions Reduction Act through fiscal 2029 was recently introduced in the U.S. Senate.
Biden Administration Announces Infrastructure Investments
With the height of the busy summer travel season upon us, President Joe Biden is touting investments approved in 2021’s infrastructure law.
Continental Demonstrates Tire Stress Testing Process
UVALDE, Texas — Continental on June 20 hosted a test drive involving a Class 8 truck and sports cars to demonstrate how its tires handle various road conditions.
EV Makers Racing for Supplies of Lithium for Batteries
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the mineral in a politically and environmentally fraught competition.
Uber Freight: Empty Miles Likely Underreported
Uber Freight estimated that the trucking industry could be driving close to double the number of empty miles than initially estimated. The company released its findings in a report June 28.
Fleets Can Expect Long Timelines for Facility Connections
Facility electrification timelines for heavy-duty trucking fleets are likely to be more protracted than carrier executives might expect, according to executives at power utilities.