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.
Uber Freight, Waymo Via Partner to Advance Autonomous Trucking
Uber Freight and Waymo Via have entered into a strategic partnership that aims to marry Uber’s freight marketplace with Waymo’s automated truck technology, the companies announced June 7.
Gasoline Tops $5 a Gallon in 13 States
Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight.
West Coast Ports, USDA Offer Incentives for Agriculture Shipments
The Port of Oakland, along with those in Seattle and Tacoma, Wash., and the U.S. Department of Agriculture said they are working together to provide financial incentives for U.S. growers to ship agriculture products through the ports.
For Paccar, Booming Parts Business Is Sign of the Times
Truck maker Paccar Inc.’s parts business is booming as higher average fleet age and truck utilization rates are prompting rising parts sales industrywide.
Xos Adds New Classes 6-8 BEVs, Software
Xos Inc. announced two new commercial medium- and heavy-duty electric vehicles as well as its connected vehicle ecosystem.
June 7, 2022FinditParts Raises $30 Million to Expand Digital Content
FinditParts has raised a $30 million minority equity investment from Crestline Investors Inc., the e-commerce marketplace announced.
June 7, 2022New York Seeks Input on EV Charging Stations
Fleet operators and others in New York are being surveyed in a new website launched by Gov. Kathy Hochul to help the state submit a plan by Aug. 1 to gain federal electric vehicle infrastructure funds.
Goodyear to Recall RV Tires 19 Years After Last One Was Made
DETROIT — Nineteen years after the last one was made, Goodyear has agreed to recall more than 173,000 recreational vehicle tires that the government says can fail and have killed or injured 95 people since 1998.
Driverless Trucks to Deliver Household Goods to Dallas Sam’s Clubs
Self-driving trucks soon will make deliveries to Walmart Inc.’s Sam’s Club stores in the Dallas-Fort Worth area, marking a significant expansion of autonomous vehicles operating in live traffic.
XPO, Google Cloud Collaborate to Improve Supply Chains
XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.
June 7, 2022