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.
Green Hydrogen Seen Fueling Heavy Trucks, Buses by 2030
Long heralded as the clean energy fuel of the future that will play a key role in decarbonization, attractive hydrogen prices could finally be in sight.
Shale Drillers Puzzle Analysts With $7.4 Billion Merger
Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.
Ford Pressured to Provide Path to All-Electric Future
Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.
In California, Gas Taxes Are Rising While Repairs Are Lagging
Four years after the California Legislature boosted the gas tax in order to fix the state’s crumbling roads and bridges, California has spent billions and made some progress in repairs, but officials now say the funding is sufficient to complete less than half of the work needed.
North Carolina DOT Pilots Trucking Alert System
The North Carolina Department of Transportation is piloting an in-cab trucking alert system in an effort to reduce the risk of commercial motor vehicle crashes.
4 Million Accident-Free Miles and Still Trucking at 79
Four million miles and not so much as a fender-bender. Pennsylvania trucker Don Cook, 79, attributes his success to skill and patience — “You have to have your wits about you,” he said — but also to luck.
For Tesla Owners, Colonial Pipeline Hack Was No Big Deal
Automotive historians may look back on May 2021 as a tipping point in the evolution of electric vehicles.
Truckers Work to Purge Systems of Banned Chinese Technologies, but Challenges Remain
Most motor carriers doing business with the federal government are believed to have responded to a requirement that they do their best to purge technology systems of five banned Chinese technology providers said to be potential hackers into U.S. intelligence and defense agencies’ information systems.
XPO Logistics Announces SVP of Strategy for Spinoff GXO
XPO Logistics Inc. has appointed Angus Tweedie to be the senior vice president of strategy for its upcoming spinoff company GXO Logistics, the company announced May 19.
May 24, 2021Biden to Direct $1 Billion for Severe Weather Preparedness
President Joe Biden announced a doubling of federal spending on preparations for severe weather events, his latest move to put climate change at the center of his domestic agenda.