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.
California Governor Gets Bill on Humans in Autonomous Trucks
The California Senate passed a bill Sept. 11 mandating human drivers behind the wheel of autonomous trucks on state highways for at least the next five years. Will the governor sign it?
UPS CEO Carol Tomé Outlines Challenging Year Ahead
UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.
Amazon Service Lets Merchants Deliver to Physical Stores
Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses.
Clean Fuel Demand Pushing Biofuel Growth
U.S. biofuel production is burgeoning in the race to meet federal and state government mandates to lower heavy truck emissions.
Amazon Bringing Its Delivery Efficiency to Disaster Relief
Disaster Relief by Amazon is made up of a group of Amazon employees who are tasked with using the company’s resources to help communities after disasters strike.
Suit Dismissed Over Old Dominion’s Retirement Plan
A federal District Court judge has dismissed a lawsuit filed against Old Dominion Freight Line Inc. over the administration and pricing of its retirement plan offerings.
September 11, 2023Peterbilt Celebrates Model 389 Milestone
Peterbilt Motors Co. marked the production of the 100,000th Model 389 at its Denton, Texas, manufacturing plant as a milestone Sept. 7.
September 11, 2023Federal Railroad Inspectors Find Defects at Union Pacific
OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at its railyard in western Nebraska this summer.
Nikola Truck Catches Fire During Testing
Nikola Corp. says one of its battery-electric big rigs experienced a “thermal incident” Sept. 8 during a test on the cause of recent fires that prompted a recall.
Truck Drivers Saluted in Weeklong Celebration
The 35th Annual National Truck Driver Appreciation Week runs Sept. 10-16, providing an opportunity to give special recognition to the country's 3.5 million-plus truck drivers.
September 8, 2023