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.
Congressional Transportation Policymakers Push AV Tech Bill
Two leading proponents in Congress for the establishment of a national regulatory framework for autonomous vehicles recently expressed optimism about the eventual passage of their legislation.
Two More Plead Guilty to Staged Accidents in New Orleans
Two New Orleans women have pleaded guilty in separate conspiracy schemes to stage accidents — one involving a tractor-trailer and the other a bus.
GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed
GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.
Waymo to Expand Autonomous Vehicle Rides in San Francisco
Waymo’s self-driving ride-hailing service is branching out to San Francisco, carrying employees in electric Jaguar I-Pace SUVs without human backup drivers.
March 30, 2022Companies Added 455,000 Jobs in March, ADP Reports
Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies.
Tesla Dodges Nickel Crisis With Secret Deal to Get Supplies
The invasion of Ukraine has added to agita among electric vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia is one of the world’s biggest producers.
Nikola Announces ENGS to Finance Trucks, Dealer Activities
Nikola Corp. and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles.
March 30, 2022FedEx Partners With Elroy Air to Test Pilotless Package Drone
FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.
Penske Truck Leasing Expands in Tampa
Penske Truck Leasing announced it opened a new facility in Tampa, Fla., to upgrade the service it provides to existing customers in the area, as well as the ability to add new customers.
March 30, 2022Maersk Plans to Deploy 300 Electric Trucks in North America by 2025
A.P. Moller-Maersk is building out its electric heavy-duty truck fleet with two announcements involving Einride and BYD, and, separately, Volvo Trucks North America.