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.
ZF Launches New Commercial Vehicle Solutions Division
ZF announced the launch of its new Commercial Vehicle Solutions division.
January 14, 2022Nikola BEV Qualifies for CARB Voucher Incentives
Nikola Corp. announced its Nikola Tre battery-electric vehicle is eligible for the hybrid and zero-emission truck and bus voucher (HVIP) incentives from the California Air Resources Board.
January 14, 2022Industrial Output Falls 0.1% Amid Supply Issues
WASHINGTON — U.S. industrial production fell 0.1% in December, the first decline since September, with manufacturers still struggling with snarled supply chains.
Diesel Markets Are Soaring All Over the World
Diesel markets are jumping everywhere, a positive indicator for oil prices more widely.
January 14, 2022Makers of Electric Pickups Target Work Truck Crowd
Automakers are targeting the job site with electric pickup trucks.
J.B. Hunt, Waymo Form Long-Term Alliance on Autonomous Trucking
J.B. Hunt Transport and Waymo have entered into a long-term, strategic alliance to commercialize autonomous driving technology in the trucking industry.
Port of Los Angeles Defers Empty Container Fee
The Port of Los Angeles, the U.S.’s largest for container traffic, has deferred a plan to charge ocean carriers that fail to clear empty containers off the docks and is consulting with the logistics industry on alternatives on how to cut the backlogs.
December Trailer Orders Held Down by Ongoing Challenges
U.S. preliminary net trailer orders in December fell 39% compared with a year earlier and 17% below November’s peak volume as operational challenges remained firmly in place, according to ACT Research, which cited trailer makers’ initial data.
John Lex, America’s Road Team Captain, Dies at 56
Professional truck driver William John Lex, a longtime driver for Walmart Transportation and an America’s Road Team Captain for American Trucking Associations, died Jan. 10 after a bout with colon cancer. He was 56.
GXO Announces Warehouse Expansion in Europe With Zooplus
GXO Logistics Inc., the spinoff logistics company from XPO Logistics Inc., is expanding its presence in Europe.