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.
Nevada DOT Construction Project Involves Large-Truck Restrictions
The Nevada Department of Transportation recently announced commercial truck restrictions on a Lake Tahoe-area highway as the agency undertakes a construction project.
Ford Boosts Investment in Solid-State Battery Maker
Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
Engine Oil Suppliers Target Sustainability Amid Broader Push to Reduce Emissions
As the trucking industry explores zero-emission technologies such as battery-electric and hydrogen fuel cell vehicles, heavy-duty engine oil suppliers are applying less conspicuous methods of curbing airborne particulate matter and carbon emissions.
States Eye Federal Cash, Go Slow on Road Taxes
JEFFERSON CITY, Mo. — Raising state taxes to improve roads and bridges is one of the few things many Republican and Democratic lawmakers have agreed on in recent years.
Kroger Joins Drone Delivery Race With Pilot From Ohio Store
Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.
Canadian Pacific Objects to Potential Regulator Exemption for Rival Bid
Canadian Pacific Railway Ltd. said Canadian National Railway Co.’s unsolicited offer for Kansas City Southern shouldn’t be exempt from tougher merger rules that the U.S. railroad regulator established two decades ago.
SPAC Crackdown Threatens Environment That Powers EV Startups
The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail.
Texas House Passes Bill That Would Help Curb Lawsuit Abuses
The Texas House of Representatives has passed legislation that would help curb the growing trend of lawsuit abuse targeting commercial vehicles in Texas.
Leadership Changes Announced as UPS Freight Sale to TFI Inches Closer
With the pending sale later this year of UPS Freight to TFI International, leadership changes are taking place in anticipation of the new ownership.
MCE, Purkeys Offer Shorepower Connections for eTRUs
Mission Critical Electronics and its Purkeys subsidiary announced a system that connects hybrid electric transport refrigeration units to 480 volts alternating current power.
April 30, 2021