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.
Airbus CEO Sees Energy Crisis Weighing on Production Next Spring
Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.
November 14, 2022TravelCenters Announces 2022 TA Citizen Driver Honorees
TravelCenters of America has selected its annual Citizen Driver Award winners, the company announced Nov. 3.
November 14, 2022Union Pacific Awards $5.1 Million in Community Grants
Union Pacific Railroad announced the distribution of more than $5.1 million in local grants through a program that promotes diversity, equity and inclusion.
November 14, 2022California Deploys Portable Emissions Detectors Ahead of New Smog Rules
California is deploying a portable emissions detector in areas with heavy truck traffic to educate drivers and operators about a new smog check program that starts Jan. 1.
Kodiak Robotics Demonstrates AV Intervention After Tire Blowout
Self-driving truck technology company Kodiak Robotics Inc. announced its autonomous technology, the Kodiak Driver, can maintain complete control of the truck when it suffers a catastrophic tire blowout — calling a demonstration of the technology an industry first.
November 14, 2022TuSimple Brings Cheng Lu Back as CEO
Cheng Lu will be returning to TuSimple as CEO and president, replacing Ersin Yumer, who had been serving as the interim CEO and president, the company announced Nov. 11.
November 11, 2022C.H. Robinson Cuts 650 Jobs Amid Changing Market
C.H. Robinson is reducing headcount amid the elimination of 650 positions as part of an effort to align its overall cost structure with market conditions, the company confirmed Nov. 10.
Amazon Unveils Smaller Delivery Drone That Can Fly in Rain
Amazon.com Inc. unveiled a new delivery drone on Nov. 10 that’s smaller, makes less noise and can fly through light rain, the latest effort to get the troubled and long-developing project off the ground.
October Class 8 Sales Show Broad Gains Over Year Earlier
U.S. Class 8 retail sales in October improved 34.5% compared with a year earlier, Wards Intelligence reported as all but one truck maker notched higher sales.
Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides
Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly.