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.
Trade Deficit Narrows Most on Record on Muted China Imports
The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.
Supply Snarls in US Are Easing
The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.
FMCSA Technology Chief Says Automated Truck Proposal Targeted for Late 2022
A top Federal Motor Carrier Safety Administration official told safety executives attending a commercial vehicle safety conference that a proposed rulemaking for fully automated heavy trucks is targeted for later this year.
Dobbs Peterbilt Adds Louisiana Location
Dobbs Peterbilt, based in Monroe, La., announced it opened its doors.
June 6, 2022Ford-Backed Startup Targets EV Alternatives to Lithium-Ion Batteries
Solid Power Inc., the battery startup that went public in a reverse merger last year, has begun operating a new pilot line, putting it on pace to deliver sample cells to automotive partners by year-end.
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June 6, 2022Ritchie Bros. Names Eric Jacobs Chief Financial Officer
Ritchie Bros. Auctioneers Inc. appointed Eric Jacobs chief financial officer, effective June 6.
June 6, 2022XPO’s SEC Filing Advances Spinoff of Brokerage Platform
XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.
June 6, 2022Bruckner’s Becomes First EV-Certified Mack Dealer in Texas
Mack Trucks announced Bruckner’s Truck & Equipment in Fort Worth, Texas, is now a certified electric vehicle dealer, making this the first Mack dealership to be EV-certified in Texas.
June 6, 2022Eaton Offers 48-Volt Programmable ECU for Heated Catalysts
Eaton announced its eMobility business introduced a 48-volt programmable power electronics control unit for electrically heated catalysts that can be used by commercial vehicle manufacturers to meet tightening global emissions regulations.
June 6, 2022