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.
Lawmakers Unveil $1.7 Trillion Bill to Avoid Shutdown
Congressional leaders unveiled a governmentwide $1.7 trillion spending package early Dec. 20 that includes a nearly 10% boost in defense spending and roughly $40 billion to assist communities across the country recovering from drought, hurricanes and other natural disasters.
November Tonnage Increases Year-Over-Year, but Declines From October
Truck tonnage inched up year-over-year in November, but for the second consecutive time declined on a month-to-month basis amid a tepid seasonal environment, American Trucking Associations said with the release of its monthly For-Hire Truck Tonnage Index.
Amazon Agrees to EU Antitrust Truce in Marketplace Data Probe
Amazon settled European Union antitrust investigations over how the U.S. ecommerce giant allegedly abused rivals’ sales data to unfairly favor its own products and squeeze out other traders on its platform.
Magna to Buy Veoneer Driver-Assistance Unit for $1.5 Billion
Magna International Inc. has agreed to buy a driver-assistance unit from SSW Partners for about $1.5 billion following a drawn-out battle to control previous parent Veoneer Inc.
Experts Share Guidance for Transitioning Veterans Into Trucking
WASHINGTON — Military and trucking industry experts said traits including a willingness to help others and interest in serving a greater good are hallmarks of why truck driving jobs are an excellent option for service members looking to transition to civilian life.
Clean Energy, Amazon Expand RNG Fueling Locations
Clean Energy Fuels Corp. announced the opening of a renewable natural gas fueling station that will provide an anticipated 1.4 million gallons of the clean fuel annually for Amazon .com Inc. and other truck fleets in the greater Chicago area.
Great Dane Announces Top Executive Succession
Longtime Great Dane CEO Bill Crown announced he will step down effective Jan. 1. Dean Engelage, Great Dane’s president, will succeed Crown.
Ashley Leiva, Mother and Combat Veteran, Wins Award for New Truck Drivers
WASHINGTON — A young mother from Texas who is a 15-year combat veteran won the keys to a T680 Next Generation Kenworth truck Dec. 16 after capturing the 2022 Transition Trucking: Driving for Excellence Award at the U.S. Chamber of Commerce.
Werner Enterprises Selects Samsara for Cloud-Based Operations
Werner Enterprises has selected a cloud-based fleet management platform from Samsara Inc. to help manage its operations, the companies announced Dec. 15.
December 19, 2022Yokohama Recalls Limited Run of Two Sizes of Commercial Tires
Yokohama Tire Corp. announced a voluntary recall of two commercial tires.
December 19, 2022