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.
Regulatory Victories Mark 2022, but New Challenges Lie Ahead
As the nation began easing its way out of the COVID-19 pandemic in 2022, activity on closely watched initiatives related to the trucking workforce heated up, while efforts to advance new laws for trucking fleets kept stakeholders engaged.
Nikola Founder Milton Seeks New Trial, Lodges Jury Complaints
Nikola Corp. founder Trevor Milton asked for a new trial on charges he misled investors about the electric truck maker’s prospects, arguing the jury convicted him due to bad instructions from the judge and because one juror lied to get on the panel.
Renault Empowers CEO de Meo as Nissan Talks Drag On
Renault SA’s board named CEO Luca de Meo as a director and reappointed Chairman Jean-Dominique Senard for another four-year term, a sign of support for their plan to reshape the partnership with Nissan Motor Co.
NHTSA to Investigate GM’s Cruise Robotaxi for Braking Issues
U.S. safety regulators are investigating reports that autonomous robotaxis run by General Motors’ Cruise can stop too quickly or unexpectedly quit moving, potentially stranding passengers.
Ports Close Out Year of Change; Infrastructure on Tap in 2023
As 2022 comes to a close, a significant shift is taking place at America’s ports. Until late summer, Los Angeles’ was the busiest in the nation, but that honor now belongs to the Port Authority of New York and New Jersey.
Equipment Trends in 2022 Find Room for Surprises
For the first 10 months in 2022, the supply chain still posed difficulties for manufacturers of new trucks and trailers.
IIJA’s Implementation Gained Momentum in 2022
President Joe Biden during his State of the Union Address to Congress this year proclaimed that the United States was embarking on an “infrastructure decade,” setting the tone for the administration’s efforts to implement the bipartisan $1 trillion infrastructure law.
First-Time In-Person Competitor Wins Rush Tech Skills Challenge
SAN ANTONIO — Rush Enterprises Inc. resumed its annual technician challenge as an in-person competition — with a first-time in-person competitor as grand champion — after a two-year hiatus caused by the coronavirus pandemic, a return to normal that was welcomed by the company’s leader.
Most of Keystone Pipeline Reopened After Spill
The operator of a pipeline with the largest onshore crude oil spill in nine years has reopened all of it except for the stretch in Kansas and northern Oklahoma that includes the site of the rupture.
Ford, China’s CATL Mull Workaround for New US Battery Plant
Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.
December 15, 2022