Business

About Business News...

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.

Government, Business, Technology, Equipment

Volvo VNR Electric Trucks Headed to NYC

Volvo Trucks North America announced it will deploy eight Volvo VNR Electric trucks with two Bronx-based community groups as part of a $10 million award through the New York Clean Transportation Prizes program.

November 30, 2022
Business, Technology

Volkswagen Weighs Foxconn Partnership to Aid American EV Push

Volkswagen AG may tap Taiwan’s Foxconn Technology Group to make electric pickups and sport utility vehicles in the U.S., according to a person familiar with the matter

Monica Raymunt | Bloomberg News
November 29, 2022
Government, Business, Technology, Equipment, Safety

Trucking Stakeholders Express Concerns Over Electronic Identifiers

A proposal by federal regulators to require unique electronic identifiers on large trucks wasn’t well received by many of the nation’s motor carriers and independent truckers.

Eric Miller | Senior Reporter
November 29, 2022
Government, Business, Technology, Safety, TCA

EV Charging Infrastructure Potentially Unprepared for Cyberattacks

Electric vehicle charging stations are vulnerable to a number of different cyberattack scenarios. A Sandia Labs research report described how a review of vulnerabilities helps prioritize grid protections and inform public policymakers.

Dan Lohrmann | Government Technology
November 29, 2022
Government, Business, Logistics

Cyber Monday Sales on Track to Break Record Despite Inflation

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

Spencer Soper | Bloomberg News
November 29, 2022
Business, Technology

Tesla Facing Backlash for Musk’s Twitter Move

For owners and potential buyers of Tesla cars, it has become all but impossible to find neutral ground on the controversies that surround CEO Elon Musk.

Kyle Stock and Ira Boudway | Bloomberg News
November 29, 2022
Government, Business, Logistics

Government Poised to Intervene in Freight Rail Fight

With a Dec. 9 deadline looming to reach an agreement on a nationwide freight rail contract, President Joe Biden is asking Congress to intervene in the dispute, which threatens to severely damage the U.S. economy.

Dan Ronan | Senior Reporter
November 29, 2022
Government, Business, Equipment, Safety

Florida Colleges Get Funds to Boost CDL, Technician Jobs

Florida’s governor has awarded more than $3 million to schools for commercial driver licenses and diesel technician programs to create jobs needed to help with regional recovery from Hurricane Ian.  

Noël Fletcher | Staff Reporter
November 29, 2022
Business, Equipment

MEMA Announces New Structure

North American trade association MEMA, which represents motor vehicle component manufacturers, announced a new consolidated business structure intended to better position the organization and the vehicle supplier community for the future.

November 28, 2022
Business, Technology

Coke’s Electric Renault Trucks Debut Before Tesla’s Pepsi Semis

Renault Trucks has helped Coca-Cola beat Pepsi and Tesla Inc. to the punch on electric deliveries. Coca-Cola will start using battery trucks from the Volvo AB-owned brand for local trips in Belgium on Nov. 24.

Rafaela Lindeberg | Bloomberg News
November 28, 2022