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.
State, Local Officials Play Vital Role in Infrastructure
Counties play a vital role delivering transportation projects funded by the federal $1.2 trillion infrastructure bill, Transportation Secretary Pete Buttigieg told local municipal officials.
Alphabet’s Wing Elevates Adam Woodworth to CEO
Alphabet Inc.’s Wing unit elevated its leading technology official to head the company as it seeks to rapidly expand its drone delivery operations, including in the Dallas suburbs.
Intel Says It Will Buy Tower Semiconductor for $5.4 Billion
SANTA CLARA, Calif. — Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.
February 15, 2022Elon Musk Donated $5.7 Billion of Tesla Shares to Charity
Elon Musk gifted almost $6 billion worth of Tesla Inc. stock to charity late last year in one of the largest philanthropic donations in history.
Toyota North America Plant Disruptions Drag Into Second Week
Toyota Motor Corp.’s North America operations continue to be disrupted after protests closed off the Ambassador Bridge linking the U.S. and Canada, hurting production at several of the automaker’s plants in the region.
Kenworth Debuts 18-Speed Transmission Lineup
Kenworth has developed a new 18-speed automated transmission, offering a version for heavy Class 8 trucking and some off-highway uses.
Digital Presence Plays Vital Role in Recruiting, Survey Shows
Digital technologies are playing an increasingly pivotal role in terms of finding and keeping drivers, according to a report Feb. 14.
REPLAY: En(Gauge) - Equipment & Maintenance Sessions
If you want to better understand current conversations in equipment and maintenance — from HVAC maintenance and trailer exemption rules to recruiting and retaining diesel technicians — then join us at En(Gauge)!
February 15, 2022Baidu’s Self-Driving Vehicles Take a Turn With Olympics Showcase
The 2022 Winter Olympics in Beijing promised another big opportunity for autonomous vehicle testing in a real-world situation, this time in vehicles made by one of China’s biggest technology companies, Baidu.
Maersk Chairman to Leave Board as Family Member Takes Over
A.P. Moller-Maersk A/S’s chairman, Jim Hagemann Snabe, is leaving his position to pave the way for a Maersk family member to take over the job of overseeing the Danish shipping giant.