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.
Wisconsin DOT Issues Funds to Support County Forest Roads
The Wisconsin Department of Transportation recently distributed funds to improve public roads that run through county forests.
Trail King Expands Dealer Network
Trailer manufacturer Trail King Industries announced the addition of two new dealers to its network.
March 16, 2021Icy Weather Sends Industrial Production Down 2.2% in February
WASHINGTON — Severe winter weather pushed industrial production down a sharp 2.2% in February, reflecting a big decline in factory output.
Continental Bets on Automated-Driving Growth in Unit Overhaul
Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.
Ford Partners With University of Michigan on Robotics
A grand opening was held March 16 for the four-story, $75 million, 134,000-square-foot Ford Motor Co. Robotics Building at the University of Michigan.
Foxconn Mulls Making EVs at Wisconsin Plant
TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.
Electric Last Mile Gets 45,000 Van Orders Amid E-Commerce Boom
Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.
NHTSA to Investigate Tesla Crash With Tractor-Trailer
DETROIT — The U.S. government’s highway safety agency is sending a team to Detroit to investigate a crash involving a Tesla that drove beneath a semitrailer.
Automakers Embrace EVs, but What About Buyers?
DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?
February Medium-Duty Sales Dip 1% to 17,580
Classes 4-7 sales dipped 1% in February to 17,580 compared with a year earlier, WardsAuto.com reported.