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.
Lawmakers Say Ida Damage Shows Need for Infrastructure Upgrades
WASHINGTON — Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the remnants of Hurricane Ida, lawmakers from both parties are vowing to upgrade the nation’s aging infrastructure network.
Owner-Operator Model Analyzed at Legal Conference
For decades, the trucking industry’s use of independent owner-operators has been a delicate, but successful, dance between the business and personal needs of motor carriers and contractors. Now, the contractor model’s future is in the hands of the U.S. Supreme Court.
Feds Probe Fatal New York Tesla Crash
DETROIT — The U.S. government’s road safety agency has added another fatality involving a Tesla to the list of crashes it is probing due to the use of partially automated driving systems.
Arkansas Trucking Association Makes New Selections for Road Team
The Arkansas Trucking Association announced that it has selected five new members to join the Arkansas Road Team.
September 3, 2021State, Local Job Recovery Stalls Amid Virus Resurgence
State and local governments shed employees in August, underscoring the impact of the latest surge in U.S. coronavirus infections and the cautious approach municipalities have been taking with their windfall from federal aid.
Perspective: In Hard Times, Truckers Deliver
National Truck Driver Appreciation Week is a time to remind the public of the debt of gratitude owed to these unsung heroes.
Love’s Travel Stops Donates $100,000 to St. Christopher Fund
Love’s Travel Stops has donated another $100,000 to the St. Christopher Truckers Development and Relief Fund, the company announced.
September 3, 2021Maryland DOT Capital Budget Draft Considers Freight
Freight movement is a priority outlined in the Maryland Department of Transportation’s recently released draft of its six-year capital budget.
Tesla Reportedly Delays Cybertruck by a Year to Late 2022
Tesla Inc.’s Cybertruck pickup has fallen about a year behind schedule, blog Electrek reported, citing remarks CEO Elon Musk made on a companywide call with employees.
Nikola, Bosch Partner on Fuel Cell Manufacturing
Nikola Corp. announced an agreement to build fuel cell power modules using technology licensed from Bosch Group.
September 3, 2021