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.
Daimler’s Richard Howard Envisions Transformation of Truck Financing
As technology continues to transform the commercial truck market, Daimler’s Richard Howard sees a similar evolution underway on the financial services side of the industry.
N.J. Trucking Leader Myron ‘Mike’ Shevell Dies at 87
New Jersey trucking leader Myron "Mike" Shevell dies at 87 after a career in the industry that spanned decades.
New York Works to Expand Road Testing Availability for CDLs
Efforts are underway in New York to enable more people to conduct road tests for commercial driver licenses to reduce a long backlog exacerbated by the ongoing coronavirus pandemic.
VW, Bosch Team Up on Self-Driving Software
Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.
GM’s $6.5 Billion Electric Truck Blitz Wins Michigan Incentives
General Motors Co. plans to spend $6.5 billion on an electric pickup plant and battery factory in Michigan thanks in part to a $1.8 billion incentive package put together by the state to make sure the automaker didn’t take a big piece of its EV business elsewhere.
Chip Shortage Expected to Stretch Through 2022
The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year, promising long-term strain on a range of U.S. businesses, including automakers and the consumer electronics industry.
Robotics Startups Seek to Build a Better Self-Driving Lawn Mower
Hundreds of well-funded robotics startups are working on self-driving cars, self-piloting drones and shelf-diving warehouse robots. One lesser-known area that’s beginning to draw the attention of investors: autonomous lawn mowers.
Teen Tesla Hacker Accessed Owners’ Email Addresses to Warn Them
The 19-year-old cybersecurity researcher who remotely accessed dozens of Tesla Inc. vehicles through a third-party flaw, has a new trick: hacking the car owners’ email addresses to notify them they are at risk.
Paccar Boosts Q4 Net Income, Revenue
Paccar Inc. reported fourth-quarter net income rose 26% and revenue increased by about $1 billion compared with a year earlier.
OSHA Formally Withdraws Its COVID-19 Vaccine Mandate
The Occupational Safety and Health Administration is formally withdrawing its emergency temporary standard requiring large companies to require their employees to receive COVID-19 vaccinations, the agency announced Jan. 25.