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.
All Tesla Model 3s Now Eligible for Full $7,500 Tax Credit
All of Tesla Inc.’s Model 3 sedans are now eligible for the full U.S. tax credit under new criteria for battery sourcing set by the Treasury Department.
Cummins Showcases Emergency Truck Powered by Hydrogen
WASHINGTON — Accelera by Cummins on June 5 showcased a hydrogen-powered emergency vehicle that advances technologies applicable to the commercial trucking industry.
Norfolk Southern Gives All Workers Sick Time
OMAHA, Neb. — Norfolk Southern became the first major North American freight railroad with deals to provide paid sick time to all of its workers June 5, but other railroads are making progress.
Fleets Focus on Driver Performance to Raise Fuel Economy
Trucking companies are increasingly investing in training, technology and incentives to optimize driver performance when it comes to fuel consumption.
New York Thruway Plazas Revamped With Truck Drivers in Mind
Trying to make life on the road easier for truckers is part of the New York State Thruway Authority’s ongoing $450 million project to modernize its aging 27 service areas through 2025.
West Coast Port Disruptions Continue Amid Labor Talks
At least one terminal at the Port of Los Angeles canceled some cargo operations June 5 as disruptions that hit several key U.S. West Coast ports last week appear to continue.
UPS Union Workers to Vote on Whether to Authorize a Walkout
UPS Inc.’s union workers will hold a vote on whether to grant authorization to Teamsters leaders to call a strike after the current five-year contract lapses.
Kentucky Pauses Incentives for Microvast Over China Concerns
NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.
Trucking Charity Donates to Urban Disaster Response Team
The Trucking Cares Foundation donated $25,000 to Virginia Task Force 1, a leading disaster response team, American Trucking Associations’ charitable arm said June 2.
GM to Devote $1 Billion to Michigan Heavy-Duty Truck Plants
FLINT, Mich. — General Motors Co. will invest more than $1 billion in two of its plants to prepare for production of next-generation heavy-duty trucks, the Detroit automaker announced.