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.
EU, US Reach Truce on Metal Tariffs Ahead of Biden Visit
The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.
VTNA Plant Remains Open After UAW Rejects Contract
Volvo Trucks North America announced employees represented by the United Auto Workers rejected a new five-year labor agreement covering approximately 2,900 members of UAW Local #2069 at the New River Valley truck assembly operations in Dublin, Va.
May 17, 2021Biden Infrastructure Plan’s Chances Gain as GOP Preps Offer
President Joe Biden’s prospects for passing a major infrastructure bill through Congress with bipartisan support — seen unlikely in the wake of his Democrat-only pandemic-relief package in March — are now rising, though disagreements over funding still could scrap a deal.
Granholm: Fuel Crisis Is Near Its End
WASHINGTON — Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
XPO Logistics Names More Leaders for Spinoff GXO
XPO Logistics Inc. announced last month two additional leaders associated with its planned spinoff business GXO Logistics.
May 14, 2021Continental Marks 150 Years With Story of Its History
Continental announced it will be celebrating its 150th year in business later this year.
May 14, 2021Maine’s Trucking Industry Turns to TikTok in Appeal to Gen Z
The Maine Motor Transport Association is targeting Gen Z and other young workers with a video storytelling campaign aimed at filling shortages of truck drivers and technicians.
PennDOT Airport Funding Aims to Improve Economic, Operational Activity
In an effort to expand economic and operational capacity, the Pennsylvania Department of Transportation has invested $10 million in airports.
Organizers Postpone 2021 NACV Show
The North American Commercial Vehicle Show has been postponed for 2021, the organizers announced.
DTNA Launches EV Consulting Services, Chargers
Daimler Trucks North America announced its new Detroit eConsulting services and the Detroit eFill line of electric commercial vehicle chargers intended to support fleets and customers in the deployment of all-electric trucks.