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.
Campaign Seeks New Hires for Minnesota Trucking Industry
To attract potential job seekers, the Minnesota Trucking Association Foundation has launched a website and social media campaign showcasing many types of trucking industry careers.
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths
DETROIT — Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years, with deaths due to speeding and impaired or distracted driving on the rise.
EV Tax Credit Rules Leave Carmakers in the Dark — Again
Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.
New Mexico Adopts Clearinghouse Screen for CDLs
New Mexico lawmakers recently enacted legislation requiring federal Drug and Alcohol Clearinghouse results be used before granting commercial driver licenses.
Oil Surges After OPEC+’s Shocking Production Cut
Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.
Transportation Stakeholders Highlight Safety, Technology
Stakeholders representing transportation agencies and the private sector reminded federal lawmakers of concerns related to safety and the advancement of emerging technologies.
Penske Announces Kris-Way Truck Leasing Acquisition
Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.
April 3, 2023FMC: Terminals Can't Issue Detention Fees if Ports Closed
What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case.
Aurora Driver Enters Final Stage of Development Process
Aurora Innovation Inc. has entered the final phase of development for a new version of its integrated hardware and autonomous truck system, the company announced April 3.
Walmart Launches New Online Look
Walmart Inc. has been pouring investment into its e-commerce operation for years in an effort to catch up with Amazon .com Inc. Now it’s trying to boost its appeal with a new online look.