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.
US, Mexico Fail to Resolve Trade Dispute for Cars
The U.S. and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact.
Ryder Expands Last-Mile Delivery Network
Ryder System plans to extend expansion of its last-mile delivery network to meet growing consumer demand, the company said.
July 23, 2021Lucid Clinches SPAC Deal With 11th-Hour Appeal
Lucid Motors Inc.’s last-gasp appeal to investors succeeded in pushing through approval for the electric-car startup’s deal to go public by merging with a blank-check company.
Trailer Rental/Lease Study Examines the Reach of Technology Solutions
Some fleets are turning to third parties to provide the manpower to monitor, analyze and decide when to move a trailer, where to move it, when to have it maintained.
Volvo, Bendix Work to Boost Safety, Driver Training
Volvo Trucks North America is offering the fifth generation SafetyDirect processor (SDP5 Full) from Bendix Commercial Vehicle Systems as a factory-installed option on Volvo VNL, VNR and VHD models.
July 23, 2021GM Issues Second Bolt Recall for Faulty Batteries
DETROIT — General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze.
After Chip Crisis, Is Battery Shortage Next?
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.
Wrench Time
How can trucking fleets get the most out of their technicians? Treat them like surgeons, says one executive.
TForce Logistics Expands Regional Last-Mile Delivery in Texas
The TFI International operating company, TForce Logistics, launched a regional e-commerce network in Texas, the company announced July 20.
July 22, 2021EV Pickup Truck Maker Rivian Plans Second US Factory
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., is looking for a location for a second assembly plant in the U.S. before it has produced its first vehicle.