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.
Arrival Set Out to Beat Google, Got Stuck at the Starting Line
When Arrival, the primarily U.K.-based electric van and bus maker, was preparing to go public via a blank-check deal early last year, its ambition seemingly knew no bounds.
NTDC Ties Record for Most Female Competitors
INDIANAPOLIS — At the final round of the National Truck Driving Championships on Aug. 19, as she waited her turn on the course, Ina Daly sat between two former national grand champions.
TRB to Study Ways to Communicate Value of Freight
Limited ways to improve public dialogue about the importance of freight amid rising volumes is spurring a new study on ways to communicate with stakeholder communities.
Walmart Drone Delivery Service DroneUp Expands
DroneUp, the sole drone partner of Walmart, announced plans to expand its headquarters and establish a research and training facility outside Petersburg, Va., creating 655 new jobs.
Covenant Official Says Range Is Biggest Factor in EV Adoption
CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.
Daimler, Waymo Partner on Autonomous Test in Texas
Waymo will soon begin on-highway testing of self-driving Freightliner Cascadia models equipped with redundant systems and components designed to eventually support unmanned operation.
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.
Durable Goods Orders Exceed Forecast
Orders placed with U.S. factories for core capital goods rose by more than expected in July, pointing to sustained demand for equipment despite higher interest rates and concerns about a weakening economy.
DOT Awards $4.8 Million for Regional Infrastructure Projects
Regional infrastructure projects in California, Ohio, New Mexico, New York and Texas are getting a $4.8 million boost from U.S. Department of Transportation grants to speed up planning and preliminary design and engineering.
Musk Doesn’t Want to Hear Complaints About Driving System
Elon Musk doesn’t want to hear complaints from customers trying out the driver-assistance system that Tesla Inc. plans to start charging $15,000 for in the coming weeks.