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.
Amazon Tries to Calm Fears Over Supply Chain Woes
Amazon .com Inc. is talking up the size of its delivery operation to ease public alarm that a supply chain crisis could strangle holiday shopping.
ATA Leader Chris Spear Touts Drivers’ Contributions, Spotlights Infrastructure Bill
NASHVILLE, Tenn. — The leader of American Trucking Associations during his annual state-of-the-industry address praised truck drivers’ essential role in ensuring the movement of goods across the nation as the transportation industry grapples with supply chain bottlenecks at the ports that are making national headlines.
Mudslides Close California Highways After Record Rain
Sacramento, Calif., had its rainiest day in history and downpours made the record books in San Francisco as a powerful Pacific storm ripped across the West, spilling rocks onto highways, toppling trees and leaving thousands without power.
NTSB Wants Tesla to Limit Where Autopilot Can Operate
DETROIT — The head of the U.S. National Transportation Safety Board is calling on Tesla to act on recommendations to limit where its Autopilot driver-assist system can operate and to put a system in place to make sure drivers are paying attention.
Hertz Orders 100,000 Teslas in Rental Market Shake-Up
Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet, according to people with knowledge of the matter.
Video: MCE Day 2 Recap
Transport Topics Executive Editor Joe Howard recaps events of Sunday, Oct. 24, 2021, at American Trucking Associations' Management Conference & Exhibition.
October 25, 2021Rivian Sees Deeper Loss on Higher Production Costs for Debut EV
Rivian Automotive Inc., the Amazon.com Inc.-backed electric-pickup maker that is seeking to go public, expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of its debut truck.
Biden-Manchin Meeting Makes ‘Progress’ in Bid to Break Deadlock
The White House said President Joe Biden made progress on his big tax-and-spending plan in a meeting with key moderate Sen. Joe Manchin and Majority Leader Chuck Schumer, though further talks among staffers will be needed.
Volvo Trucks Outlines Next Steps Toward Carbon-Free Transport Vision
NASHVILLE, Tenn. — Volvo Trucks is ramping up sales and deliveries of battery-electric trucks while also reducing carbon emissions within its own facilities and supply chain in North America as part of its global efforts to improve environmental sustainability.
Specialty Trucks, Medium-Duty Poised to Propel EV Growth, Experts Say
NASHVILLE, Tenn. — There are a variety of specialty and medium-duty applications that can propel deployment of electric trucks in commercial settings, experts said during an Oct. 24 panel discussion at American Trucking Associations’ Management Conference & Exhibition.