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.
Tesla Eyes $3 Billion Boost From Chargers at Rivals’ Expense
Tesla Inc. may earn as much as $3 billion by 2030 thanks to deals with Ford Motor Co. and General Motors Co. for their electric vehicles to use its charging network, according to one analyst.
Lordstown Motors to Sue Foxconn Over Stalled Investment
Lordstown Motors Corp. intends to sue backer Foxconn Technology Group as the companies remain at odds over a stalled investment in the EV startup.
ATA Launches Safety Spending Survey
American Trucking Associations is carrying out a safety spending survey and is seeking participants, it said.
TuSimple Starts Level 4 Autonomous Truck Testing in Japan
TuSimple Holdings has begun Level 4 autonomous test runs on a major freight corridor in Japan, the autonomous driving technology company announced June 6.
GM to Invest $500 Million at SUV Plant in Texas
DETROIT — General Motors said it will sink more than $500 million into its Arlington, Texas, assembly plant to get ready for the next generation of big SUVs with internal combustion engines.
June 9, 2023GM’s EVs Will Gain Access to Tesla’s Charging Network
DETROIT — Electric vehicles made by General Motors will be able to use much of Tesla’s charging network beginning early next year under an agreement the two companies announced June 8.
June 8, 2023Nineteen States Sue EPA Over California Heavy Truck Phaseout
Iowa is leading 19 states in a lawsuit against the U.S. Environmental Protection Agency for backing California’s future ban on heavy diesel vehicles.
Supply Chain, Freight Legislation on Congress’ Summer Agenda
A series of bills meant to expedite supply chain operations and improve freight rail safety await consideration in the U.S. House and the Senate.
Schumer Works to Schedule Vote on Julie Su’s Nomination
A vote to confirm Julie Su, President Joe Biden’s nominee to lead the Department of Labor, is on the radar for Senate Democrats.
CBP Rules Alabama Chassis Maker Avoided Tariffs
A federal agency has ruled that an Alabama chassis manufacturing company knowingly imported chassis from China that were being marketed as having been made in a Vietnamese factory.