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.
Peterbilt Announces New 18-Speed Transmission
MARSHALL, Mich. — A new, 18-speed automated transmission that will soon be available from Peterbilt Motors Co. can be spec’d for both on- and off-highway uses and with calibrations tailored to customer needs, the company announced.
January Medium-Duty Sales Falter
U.S. retail sales of Classes 4-7 commercial vehicles in January fell 14.3% compared with a year earlier as all segments declined, Wards Intelligence reported.
U.S. Xpress Looks to Integrate Aurora Self-Driving Tech
U.S. Xpress will collaborate with autonomous driving technology company Aurora Innovation to explore the deployment of self-driving trucks within the motor carrier’s network.
DeLorean Returning as EV Maker
The DeLorean Motor Co. — the 1980s-era automaker whose sleek, silver sports car starred as a time machine in “Back to the Future” — is making a comeback in San Antonio as a manufacturer of electric vehicles.
Congress, Biden Urged to Release Funds for Bridge Repair
Transportation experts are urging Congress and the Biden administration to release federal infrastructure funds to improve unsafe bridges across the nation.
Supply Chain Disruptions Likely to Continue in Near Future
Economists and industry experts widely believe supply chain disruptions will continue to greatly impact the transportation industry for the first half of the year, and possibly into 2023.
Sticking With Gas Power Over EVs Could Delay Postal Upgrade
The U.S. Postal Service is expected in coming days to reaffirm its plan to pay Oshkosh Corp. as much as $6 billion over 10 years to replace an aging fleet of red-white-and blue delivery vans with mostly gasoline-powered models instead of climate-friendly electric vehicles.
US Is Exporting Every Molecule of LNG Possible
Tankers were docked or loading at all seven U.S. liquefied natural gas export terminals for the first time Feb. 12, marking a small piece of industry history and setting up record flows to the plants amid high prices and tensions in Europe.
Port of Savannah Reports Record Cargo Volumes for January
SAVANNAH, Ga. — The Port of Savannah has added another month to its streak of record cargo volumes amid a surge that has forced U.S. seaports to scramble to meet demand.
February 14, 2022Police Begin Arresting Mandate Protesters; Vital Bridge Still Closed
WINDSOR, Ontario — Police moved in to clear and arrest the remaining protesters near the busiest U.S.-Canadian border crossing on Feb. 13, ending a demonstration against COVID-19 restrictions that has hurt the economy of both nations even as they held back from a crackdown on a larger protest in the capital, Ottawa.