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.
To Retain Workers, Walmart Moves More of Them Full Time
NEW YORK — Walmart is moving more of its workers full time, with the goal of having two-thirds of its U.S. store hourly jobs be full time with more consistent work schedules by early next year.
Medium-Duty Sales Rise 36.7% in March, Led by Class 5
U.S. retail sales of Classes 4-7 trucks in March climbed 36.7% compared with a year earlier, riding the surge in demand in Class 5, WardsAuto .com reported.
Senators Working on Infrastructure Alternative
Utah Republican Mitt Romney said April 14 a group of senators is in the “early stages” of discussing a potential counterproposal to President Joe Biden’s $2.25 trillion infrastructure and spending plan that would be more narrowly focused and less expensive.
April 14, 2021Tractor-Trailer Interfaces Take Shape in Many Ways
Efforts to ensure the needed connections for exchanging more data between a tractor and trailer continue from many directions as electronics and sensors are increasingly coming to trailers, experts said.
Biden Taps Meera Joshi to Lead FMCSA
President Joe Biden announced April 14 that he intends to nominate Meera Joshi to serve as administrator of the Federal Motor Carrier Safety Administration.
Egypt Seizes Ever Given Pending $900 Million Compensation
Egypt seized the giant container vessel that blocked the Suez Canal last month as part of an effort to get more than $900 million in compensation.
Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV
Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.
Skyrocketing Metal Prices Threaten to Hinder EV Affordability
A surge in demand for electric vehicles is sending the price of raw materials soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.
Oklahoma Bills Propose Changes Related to Truck Enforcement
Two bills intended to streamline enforcement associated with commercial motor vehicles are making their way through the Oklahoma State Legislature.
Ohio Trucking Association Names Nicholas Delzeith Driver of the Year
The Ohio Trucking Association announced that Nicholas Delzeith was selected as its 2020 Driver of the Year.
April 13, 2021