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.

Business, Technology, Fuel

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.

Craig Trudell | Bloomberg News
August 25, 2022
Business, Safety

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.

Eugene Mulero | Senior Reporter
August 24, 2022
Business, Logistics

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.

Noël Fletcher | Staff Reporter
August 24, 2022
Business, Technology, Logistics, Autonomous, Private, TCA

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.

Trevor Metcalfe | The Virginian-Pilot
August 24, 2022
Business, Technology, For-Hire, TCA

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.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, Technology, Logistics, Autonomous

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.

Seth Clevenger | Managing Editor, Features and Multimedia
August 24, 2022
Business, Logistics, For-Hire, TCA

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.

Carmen Nesbitt | Chattanooga Times Free Press, Tenn.
August 24, 2022
Government, Business, Equipment

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.

Olivia Rockeman | Bloomberg News
August 24, 2022
Government, Business, Safety

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.

Noël Fletcher | Staff Reporter
August 24, 2022
Government, Business, Technology, Safety, Autonomous

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.

Craig Trudell | Bloomberg News
August 24, 2022