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.
NACFE Finds Many Fleets Could Run Electric Trucks Now
Fleets in four market segments could switch to battery-electric vehicles right now, the North American Council for Freight Efficiency concluded after its recent Run on Less — Electric event.
New California Law Protects Warehouse Workers’ Breaks
California on Sept. 23 became the first state to bar mega-retailers from firing warehouse workers for missing quotas that interfere with bathroom and rest breaks under a new law signed by Gov. Gavin Newsom.
Retailers Face Challenges Installing Electric Vehicle Chargers
Retail fuel outlets such as truck stops and gas stations say they are seriously weighing investment in electric vehicle chargers, but face such challenges as customer “range anxiety,” high utility charges for electricity and political policy uncertainties.
Driver Positive Drug Tests Up Nearly 13% Through August
The number of positive driver drug tests through August increased by nearly 13%, when compared with a year ago, according to a new Federal Motor Carrier Safety Administration Drug & Alcohol Clearinghouse summary report.
C.H. Robinson Releases Spot Market Navigation Tool
C.H. Robinson launched a new tool to help businesses navigate spot market costs, the company announced Sept. 20.
Hot Toys Risk Being Sold Out by Black Friday on Supply Woes
The most popular toys for kids this holiday season, from nostalgic favorites to cheap items popularized by TikTok, may sell out much sooner as a result of global supply-chain hangups.
Pacific, Atlantic Ports Report Strong Growth in August Amid Tight Supply Chains
As volumes continue to surge at the nation’s ports on the coasts of the Pacific, Atlantic and Gulf of Mexico, two of the nation’s biggest facilities — Los Angeles and Long Beach — are taking the first steps to expand their hours of operations to 24/7 to keep up with the backlog of freight.
Workhorse Shares Sink After It Halts Electric Van Deliveries
Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.
FedEx, Paccar, Aurora Launch Autonomous Trucking Pilot
Aurora Innovation Inc., Paccar Inc. and FedEx Corp. launched a commercial pilot of autonomous trucking in Texas.
Ford, Redwood to Partner on Recycling EV Battery Materials
Redwood Materials Inc., the startup founded by Tesla alum J.B. Straubel, has formed a partnership with Ford Motor Co. to recycle and reuse key ingredients within the lithium-ion batteries that will power the automaker’s burgeoning fleet of electric vehicles.