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.
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.
VTNA, Albertsons Partner on VNR Electric Trucks
Volvo Trucks North America announced Albertsons Cos., the second-largest grocery chain in the United States, recently took delivery of two Volvo VNR Electric trucks at its distribution center in Irvine, Calif.
May 28, 2021Plus Sends Self-Driving Truck Down China’s Silk Road
Self-driving truck technology company Plus reported a heavy-duty truck equipped with its PlusDrive autonomous system completed a 4,000-mile roundtrip journey on the historic Silk Road trade route.
May 28, 2021Biden $6 Trillion Federal Budget Fueled by Higher Taxes
President Joe Biden issued his first full budget proposal May 28, detailing his ambitions to dramatically expand the size and scope of the federal government with more than $6 trillion in spending over the coming fiscal year.
DAT Selects FourKites to Provide Freight Transparency, Visibility
DAT Freight & Analytics and FourKites formed a strategic partnership intended to bring real-time, end-to-end supply chain visibility to the DAT network, the companies announced May 26.
May 28, 2021Whiting Systems Offers Cordless Disinfectant Mister
Whiting Systems Inc. announced a new cordless disinfectant mister.
May 28, 2021Transflo Launches Subscription-Based Service
Transflo, a provider of a mobile and cloud-based platform, announced a subscription-based software as a service (SaaS) model for its multichannel document capture and workflow suite, a means intended to help fleets with predictable monthly pricing and an improved driver experience.
May 28, 2021Kansas Leaders Issue Funds for 30 Projects Through Cost Share Program
Kansas officials announced May 26 that $42 million has been invested for transportation projects through the Cost Share Program.