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.
Darrel Harris Named President of Yellow
Darrel Harris has been named president of Yellow Corp., six months after joining the Overland Park, Kan., company.
NYC Toll Traffic at Seven-Year High as Travel Rebounds
New York City toll bridges and tunnels are on pace for the busiest April in at least seven years, adding to evidence that travel is rebounding as pandemic shutdowns ease and the economy starts to regain its footing.
DOT Rebrands BUILD Program to RAISE, Makes $1 Billion Available
The U.S. Department of Transportation announced April 13 that $1 billion in funding is available for grants to support infrastructure projects.
Hankook Debuts First Line of Trailer Tires
Hankook Tire America Corp. debuted its first trailer tires, the company announced April 5.
April 13, 2021Rubber Scarcity Creates New Headache for Automakers
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage now are confronting another supply chain headache: dwindling rubber supplies.
FMCSA: Beware of Companies Posing as Government Agencies
Federal Motor Carrier Safety Administration officials posted a warning to truckers on April 8 to be aware of “predatory” companies that pose as government agencies.
Cruise to Operate Autonomous Vehicle in Dubai
DETROIT — Autonomous electric shuttles slated to be built in Detroit will be on the streets of Dubai after an agreement between self-driving company Cruise, which is largely owned by General Motors Co., and Dubai’s Roads and Transport Authority.
April 13, 2021Domino’s Uses Nuro Vehicles for Autonomous Delivery in Houston
Domino’s, the world’s largest pizza company, on April 12 began offering autonomous pizza delivery services to select customers in Houston through a partnership with self-driving delivery vehicle company Nuro.
NHTSA Investigates Possible Air Bag Failures in GM Vehicles
DETROIT — The U.S. government’s highway safety agency is investigating complaints that the air bags may not inflate in a crash on thousands of General Motors vehicles.
April 13, 2021MVTS Finds FlowBelow Technologies Bring Significant Fuel Savings
Mesilla Valley Transportation Solutions tested FlowBelow Aero Inc.’s tractor and trailer wheel covers for the first time as well as the Tractor AeroKit, and found that each technology provided significant fuel savings.