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.
Lidar Sensor Price Plunge Leads to Orders From GM, Volkswagen
Lidar has been winning over more supporters in the automotive industry as prices rapidly decline. Developers are betting that once their sensors are cheap enough, it’ll be difficult to justify not using lidar in vehicles.
Peterbilt Debuts SuperTruck II Concept at MCE
SAN DIEGO — Peterbilt Motors Co. unveiled its SuperTruck II high-efficiency concept vehicle for the first time in the exhibit hall at American Trucking Associations’ Management Conference & Exhibition.
FHWA Releases $50 Million in Emergency Funds for Florida
Transportation Secretary Pete Buttigieg announced $50 million in “quick release” federal emergency relief funds to Florida transportation officials to help rebuild interstates, highways and bridges damaged during Hurricane Ian.
Drought Prompts Exemptions for Hay Shipments to Oklahoma, Missouri
Missouri and Oklahoma have lifted some transportation weight restrictions for hay shipments to help farmers and ranchers there affected by severe drought.
ATA Honors DeFazio, Who Applauds Industry
SAN DIEGO — The outgoing leader of the U.S. House Transportation Committee thanked the trucking industry for decades of collaboration during his time as a lawmaker, and was presented with an award recognizing his work on behalf of the transportation sector.
Panel Discusses the Future of Zero-Emission Trucks
SAN DIEGO — Cooperation among stakeholders will be necessary to help propel trucking industry adoption of battery-electric and hydrogen fuel-cell vehicles, experts said.
ATA Spotlights Industry Fighters With Prestigious Awards
SAN DIEGO — American Trucking Associations highlighted the important work individuals are doing for the trucking industry during a luncheon Oct. 24 at its Management Conference & Exhibition.
Volvo Unveils Total Cost of Ownership Tool for Electric Trucks
SAN DIEGO — Volvo Trucks North America introduced a tool to help motor carriers examine the financial considerations of adopting zero-emission vehicles.
Hyzon Demonstrates Hydrogen Fuel Cell Electric Truck
SAN DIEGO — Hyzon Motors offered on-road demonstrations of its hydrogen fuel cell electric tractor here at American Trucking Associations’ Management Conference & Exhibition, giving attendees a hands-on experience with its zero-emission technology.
Yellen Tempers Expectations for Major EV Tax-Credit Tweaks
U.S. Treasury Secretary Janet Yellen is throwing cold water on expectations that the agency will provide relief to foreign automakers lobbying against stringent limits on a popular electric vehicle tax credit.