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.
Cargill Backs Cow Masks to Trap Methane Burps
Agriculture giant Cargill Inc. will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.
IEA Says Oil Demand May Return to Pre-Crisis Levels in a Year
Global oil demand may rebound to levels seen before the pandemic in a year, the International Energy Agency said, signaling a speedier recovery than its previous estimates.
Volvo, Albertsons Complete First Zero-Emission Frozen Food Shipment
Albertsons Cos. completed the nation’s first delivery of a refrigerated grocery load with zero-tailpipe emissions technology by deploying a Volvo electric truck and an Advanced Energy Machines electric trailer.
Pallet Makers Hit by Supply Shortages as Demand Rises
In our worldwide economy, the humble pine pallet is the way that goods move around the globe. Demand for pallets is so great that American manufacturers churn out nearly 1 billion of them every year. And right now, it’s not enough.
Daimler, Nokia Settle Mobile Tech War That Threatened Car Sales
Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country.
Global EV Battery Sales Surge as Demand for Clean Cars Booms
Global electric-vehicle battery sales more than doubled in the first four months of the year as the switch to environmentally friendly cars gathers pace.
First-Class Stamp Will Cost 58¢ in USPS Rate Increase Plan
The U.S. Postal Service plans to boost the price of a first class stamp to 58 cents from 55 cents as it works to stabilize finances amid slumping mail volume and lagging delivery.
Biden’s Budget Includes Boost for Transportation Purposes
President Joe Biden on May 28 unveiled a whopping $6 trillion budget proposal, which includes billions for provisions to boost transportation infrastructure.
Ram Trucks Recalled; Wheels Could Fall Off
DETROIT — Fiat Chrysler said May 28 that it is recalling more than a half-million heavy-duty Ram trucks to fix a problem that can cause the wheels to fall off.
May 28, 2021Bill to Boost EV Tax Credits to $12,500 Passes Senate Panel
WASHINGTON — Legislation that would raise consumer tax credits for electric vehicles to $12,500 for the next five years passed a Senate committee May 26.