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.
Wait Times for Chips Grow Modestly in March
The wait times for semiconductor deliveries rose slightly in March, reaching a new high, after lockdowns in China and an earthquake in Japan further hampered supply.
Montreal Dealer Is First in Canada to Be Mack EV-Certified
Mack Laval’s Dorval facility in Montreal is now a Mack Trucks certified electric vehicle dealer, making it the first Mack dealer in Canada to achieve this designation.
April 5, 2022Truckers Among Stakeholders Suing City Over Proposed Ballpark at Port of Oakland
A proposed multibillion-dollar ballpark and real estate development inside the Port of Oakland faces a new legal challenge by several transportation groups as the team’s ownership keeps open the idea of relocating.
GM, Honda Unveil Plan to Build Millions of Small EVs
General Motors Co. and Honda Motor Co. will jointly develop affordable electric vehicles for the most popular segments in large global markets, starting with North America in 2027.
Elon Musk to Join Twitter’s Board
Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform.
At White House, Biden Touts Trucking’s Workforce Program
WASHINGTON — Standing alongside three Class 8 trucks parked outside the White House, President Joe Biden described a federal apprenticeship program designed to accelerate commercial driver license training as a “key ingredient” to boosting recruitment efforts in trucking.
Wing to Begin Biggest US Drone-Delivery Test in Texas
Alphabet Inc.’s Wing is set to begin the largest drone-delivery test program so far in the U.S., starting April 7 in the Dallas suburbs.
Gloom in Transports Sends Smoke Signal for US Stocks
The latest warning sign for U.S. stocks is emerging from a corner of the market that investors closely watch to get a read on the state of the economy and the health of American consumers: Transportation shares.
Clear Capacity Hurdles with Driver & Trailer-Focused Technology
A new guide from SkyBitz presents useful tips for alleviating present capacity and cost pressures with simple-to-use technology for three areas of opportunity: 1) driver retention, 2) driver safety, and 3) trailer utilization. Download your free copy!
April 4, 2022Qualcomm Completes Purchase of Veoneer’s ADAS Unit
Qualcomm wrapped up its acquisition of Veoneer’s advanced driver assistance/self-driving vehicle software arm on April 4, highlighting the San Diego company’s bid to become a key technology supplier to automakers as it diversifies beyond smartphones.