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.
Subscription Service Delivers a Tesla to Californians in 10 Minutes
For California drivers who dream of cruising around in a Tesla but can’t afford one — or just have commitment issues — there’s a new option.
Washington Lawmakers Propose Parking, Restroom Bills
Legislative efforts that would provide more parking for commercial truck drivers and offer increased access to restrooms are under consideration in separate bills in the current 60-day legislative session in Washington state.
EV Truck Technology Takes Center Stage at CES
LAS VEGAS — Electric truck companies showcased just how far the technology has evolved during CES 2022.
Trucking Workforce Essential to Supply Chain Resolution, Buttigieg Says
Transportation Secretary Pete Buttigieg in a wide-ranging interview with Transport Topics said targeted efforts at his agency aim to address the trucking industry’s shortage of drivers, an issue he listed among key administration priorities as the Biden White House works to alleviate ongoing supply chain bottlenecks.
Freight Costs Expected to Remain High in 2022
Elevated freight rates are likely to remain through much of this year because of market turmoil, according to experts.
Amazon Heads to the Mall With Prototype Clothing Store
Amazon .com Inc. plans to open a clothing store in a Southern California mall later this year, marking the latest foray into brick-and-mortar for the online retailing giant, which already sells more than 10% of all clothes in the U.S.
Vaccine Mandate Likely Defeated Following Supreme Court Stay
While the U.S. Supreme Court has remanded the Biden administration’s vaccine-or-test law for large businesses back to a lower court, trucking industry experts said the high court’s action likely spells defeat for the proposal.
Union Pacific Steps Up Security to Curb L.A. Train Thefts
Union Pacific Corp. is erecting physical barriers and increasing its own policing of an area in Los Angeles where people have been stealing goods from its trains.
Toyota Halts Work at Some Plants Amid COVID Disruptions
Toyota Motor Corp. expanded the idling of its automobile production as rising COVID-19 cases impact its suppliers and operations in Japan.
Traton Group Reports Sharp Gains in 2021 Sales, Orders
The Traton Group reported sharp increases in its unit sales and incoming orders for commercial vehicles in 2021 compared with 2020 despite the continuing influence of the COVID-19 pandemic and the difficulties in the supply of semiconductors.