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.
Utility Makes ConMet Preset Plus Wheel End Hubs Standard Feature
Utility Trailer Manufacturing Co. announced ConMet Preset Plus wheel end hubs as the standard base specification on all Utility trailer models.
April 12, 2021Wisconsin DOT Issues $99.1 Million to Municipalities
Wisconsin Gov. Tony Evers and transportation officials recently announced $99.1 million in transportation aid has been distributed to municipalities across the state.
Covenant Realigns Top Management
Covenant Transportation Group Inc. is realigning its senior management team at its Chattanooga, Tenn., headquarters three years after making its biggest purchase in the company’s 35-year history.
April 12, 2021Uber Sees Record Demand as Vaccinations Rise
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
TMC Survey Shows Impact of Semiconductor Shortage on Fleets
The ongoing shortage of semiconductors along with scant availability of other parts and supplies are causing delays for trucking fleets, a recent survey found.
Utah Trucker Pleads Guilty to Paying Bribes
A Utah man has pleaded guilty to paying $490,000 in bribes from 2012-2019 in order to steer $24 million in business to trucking operations he founded.
Huawei to Invest $1 Billion on Car Tech It Says Surpasses Tesla
Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena.
April 12, 2021Biden Sees ‘Win’ for US in Electric Vehicle Battery Deal
WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.”
Trucking Leaders Hail West Virginia Bill as Step Against 'Seat Belt Gag Rule'
The West Virginia Legislature has passed a bill to allow use or nonuse of seat belts as admissible evidence in civil actions, a legislative step the trucking industry has applauded.
MercuryGate Acquires Cheetah Software
MercuryGate International Inc. announced it acquired Cheetah Software Systems.
April 9, 2021