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.
NHTSA, NTSB Probe Fatal Tesla Crash With No Driver
DETROIT — Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.
Union Appeals Amazon Election Loss, Claiming Misconduct
Accusing Amazon .com Inc. of misconduct, the retail union that lost a hotly contested election at the company’s Alabama warehouse has asked federal officials to set aside the results.
Iveco Sale Talks End With China FAW as Italy Opposes
The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.
The (Robot) Pizza Guy Is Here: Delivery Pods Gain Ground
While venture capitalists salivate over sentient transport trucks and robot SUVs that can safely navigate a Boston blizzard, some of the smartest self-driving engineers are making progress flipping chicken sandwiches.
Historic Oil Glut Amassed During Pandemic Dissipates
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.
Task Forces Set Sights on Controlling Corrosion
An American Trucking Associations Technology & Maintenance Council task force called for action April 16 to develop best practices to address cab corrosion.
Sen. Roy Blunt Sees Path to Scaled-Down Infrastructure Deal
A senior Republican senator said fees for airports and other infrastructure, along with levies for highways, could be used to fund a bipartisan investment package, amid GOP opposition to the corporate tax hikes proposed by President Joe Biden.
April 16, 2021J.B. Hunt Reports Q1 Revenue Increased to $2.6B
J.B. Hunt Transport Services saw revenue and earnings increase due to strong segment growth during the first quarter of 2021, the company reported April 15.
Drivers at Grocery Startup Imperfect Foods Vote to Unionize
Drivers at grocery delivery startup Imperfect Foods Inc. have voted to unionize, an apparent victory for organized labor as it steps up efforts to make inroads into California’s fast-growing startups. The company said it would challenge the results.
Consumer Sentiment Rises Along With Inflation Expectations
U.S. consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years.