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.
Driver Shortage Has Trucking Companies Looking Abroad
A shortage of truckers across the U.S. has become so severe that companies are trying to bring in drivers from abroad like seemingly never before.
Cargo Van Manufacturers Take Advantage as the Last-Mile Delivery Industry Grows
Van manufacturers are working to meet the demands of the growing e-commerce delivery business. They also see these vans as the perfect incubator for the transportation industry’s move toward electric-powered vehicles.
Fire at Tesla Big Battery in Australia Under Control
Local authorities have declared the fire at one of Tesla Inc.’s biggest utility-scale batteries in Australia under control after the blaze initially erupted July 30.
EV Maker Rivian in Early Talks for UK Factory
Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is in talks with the U.K. government on building its first manufacturing plant outside the U.S. near the English city of Bristol, Sky News reported.
XPO Logistics Spinoff GXO Officially Goes Public
XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.
Mudslides Close 46 Miles of I-70 in Colorado
DENVER, Colo. — Mudslides from heavy rains caused “extreme damage” to Interstate 70 in Glenwood Canyon, Colo., Aug. 1, and transportation officials closed the road and advised long-distance truckers to detour north onto Interstate 80 through Wyoming.
August 2, 2021I-40 Bridge Linking Arkansas, Tennessee Reopens
MEMPHIS, Tenn. — Authorities on July 31 reopened the Interstate 40 bridge linking Arkansas and Tennessee that had been closed ever since a crack was discovered in the span in May.
August 1, 2021Toll by Plate: Protect Your Fleet from Violations
Download the latest whitepaper from Bestpass, leaders in toll management, to learn: what toll by plate is and how it works, how toll by plate impacts fleets, how to develop the right toll by plate strategy for your fleet.
August 1, 2021Paccar’s New CTO Sees Electrification, Autonomy Transforming Truck Market
WASHINGTON — After years of working with emerging technologies in the automotive sector, Paccar Inc.’s new chief technology officer sees a similar transformation unfolding in the commercial truck market.
DOE Awards $60 Million for Zero-Emission Truck, Car Projects
The U.S. Department of Energy announced July 28 that it has directed $60 million toward projects meant to reduce emissions in trucks and cars.