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.
Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept
Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.
Drone Demo Offers a Taste of the Future of Delivery
A Deuce Drone flew some smoothies to waiting consumers June 1 in Mobile, Ala., but the real payload might have been a peek at the legislative support that drone delivery startups need in order to get off the ground.
Autocar Rolls Out a ‘Badass’ New Vocational Truck
Autocar is so proud of its new model dump truck, the DC-64D, the company wants people to think of it by the term it’s planning to trademark — Badass.
New DHL Report Focuses on Strong Growth of E-Commerce
A new DHL report says the post-COVID-19 economy will continue to rely more on e-commerce as delivery companies find more environmentally sustainable ways to get products to consumers.
Trucking Notches Wins in Lawsuit Abuse Legislation
As legislators in many states close out their sessions and head home, trucking association leaders are reporting noteworthy progress this year in attacking state laws they say too often enable plaintiff attorneys to seek inflated jury verdicts in truck-involved accident litigation.
Amazon to Hold Prime Day June 21-22
NEW YORK — Amazon said that it will hold its annual Prime Day on June 21 and 22, the earliest it has ever held the sales event.
June 2, 2021Dana Builds Its Way Into Expanding Commercial EV Market
Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.
Tyson Foods Replaces Dean Banks as CEO After 8 Months
Tyson Foods Inc. appointed Donnie King as chief executive officer, replacing Dean Banks, who has been in the top job at the largest U.S. meat producer for just eight months.
American Travel Spree Proves Market Right to Be Bullish on Oil
From bustling U.S. airports to surging demand for gasoline, all signs from this past Memorial Day weekend reaffirm the oil market’s bet that Americans will be out traveling in force this summer.
JBS Poised to Reopen Most Meat Plants Hobbled by Cyberattack
JBS SA, the world’s largest meat producer, has made “significant progress” to resolve the cyberattack that hit its global operations and will have the “vast majority” of its plants operational June 2.
June 2, 2021