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.
Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022Green Diesel Is Suddenly a Booming Business
Climate-friendly diesel produced from animal fats and cooking oils is suddenly a booming business as fossil-fuel giants such as Exxon Mobil Corp. and Chevron Corp. race to cut their emissions and take advantage of incentives.
Louisiana Truckers Battle Proposed Bridge Toll
A Louisiana lawmaker and trucking association leader are battling a proposed toll over an aging Lake Charles bridge on Interstate 10.
LYT Enhances Traffic Management for Emergency Vehicles
Connected traffic technology company LYT announced its emergency vehicle pre-emption feature now is integrated with HAAS Alert’s safety cloud and is intended to better inform traffic signals and other motorists of approaching emergency vehicles.
April 20, 2022SeaPort Manatee on Track for Record Year
PALMETTO, Fla. — SeaPort Manatee appears to be on track to set a record in total cargo, surpassing its high mark of nearly 10.5 million tons set in fiscal 2021.
Torc Demonstrates Progress on Road to Autonomous Trucking
ALBUQUERQUE, N.M. — Self-driving truck developer Torc Robotics is expanding its on-road testing and industry partnerships to advance its mission to make hub-to-hub autonomous trucking a reality in the United States by the end of this decade.
Marten Transport Reports Record Revenue for Q1
Marten Transport posted record revenue and a 52.9% improvement in net income during the first quarter of 2022, the company reported April 19.
Gulf Coast Diesel Exports Soar on Wartime Shortage
Russia’s invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.
Biden’s DOT Nominees on Senate’s Agenda
The nomination of Robin Hutcheson to be the next administrator at the Federal Motor Carrier Safety Administration is on the U.S. Senate’s radar.
Latest Apps Promise Fast Service, but Can They Deliver?
Venture capitalists have poured billions into companies in the latest pandemic delivery craze: companies that promise food or toiletries in 30 minutes or less. But experts say they are unprofitable and officials in some cities are complaining about how they operate, saying it’s bad for employees and residents.