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 Cybertruck to Start at $60,990 as Deliveries Commence
After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.
Navistar Sustainability Push Gathers Steam
Navistar’s sustainability commitments go back more than 20 years, but in 2023, it has sharpened its focus.
BMW, Mercedes to Set Up Joint EV Charging Network in China
BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026.
ATA Criticizes Legislative Proposal on Trucker Compensation
American Trucking Associations is leading opposition to legislation in Congress aiming at recasting how certain commercial drivers are compensated.
FMCSA Warning: Drivers Who Drug-Test Positive Will Lose CDLs
“By November 18, 2024, as part of new federal regulations, drivers with a ‘prohibited’ status in the Drug and Alcohol Clearinghouse will lose or be denied their state-issued commercial driving privileges.” FMCSA warns truck drivers who drug-test positive will lose their CDLs starting late next year.
November 30, 2023October Used Class 8 Sales Up 7% Year-Over-Year
Used Class 8 truck sales in October increased 7% year-over-year to 21,500 units from 20,100 units, ACT Research reported.
ATRI Analysis Looks at Predatory Truck Towing
Nearly 30% of crash-related truck towing invoices included excessive rates or unwarranted additional charges, according to an American Transportation Research Institute analysis.
Canada’s Lion Electric Lays Off 10% of Workforce
Canadian medium- and heavy-duty electric truck and bus maker Lion Electric laid off 150 employees, or 10% of its workforce, it said Nov. 27.
Survey Finds EVs Less Reliable, on Average, Than Gas-Powered
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports.
Atlanta Joins Top Tier of Global Supply Chain Powers
Atlanta’s Hartsfield-Jackson International Airport plans a nearly $500 million expansion of its air cargo facilities to accommodate steady economic growth in the southeast U.S.