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.
Senators Introduce Trucking Workforce Legislation
Legislation aimed at training drivers younger than 21 to drive trucks across state lines was recently unveiled by a group of senators.
Biden Eyes Major Tax Hike to Fund Next Economic Plan, Including Infrastructure
President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter.
GM-Backed Cruise Buys Self-Driving Startup Voyage
Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.
Carriers Use Pre-Planning to Help Drivers Secure Truck Parking
Trucking companies are addressing the parking shortage in multiple ways, including advance planning, using technology to access real-time information on parking availability, or even embracing paid reservations for parking spaces or hotel rooms to make it easier for drivers to shut down for the night.
Tesla Names Jerome Guillen President of Heavy Trucking
Tesla Inc. said Jerome Guillen, who’s been president of automotive since September 2018, transitioned last week to president of Tesla heavy trucking.
Gov. Tom Wolf Seeks Overhaul of Pennsylvania’s Highway Funding
HARRISBURG, Pa. — Amid a deepening stalemate over financing highways and public transit, Gov. Tom Wolf on March 12 proposed phasing out Pennsylvania’s gasoline tax, the second-highest in the nation, and appointed a commission to recommend alternative ways to pay for the state’s needs.
Chris Clark Joins Dana’s Global Operations
Dana Inc. announced that Chris Clark was named senior vice president of global operations.
March 15, 2021E.E. Ward Moving & Storage Celebrates 140 Years
E.E. Ward Moving & Storage celebrated 140 years in business, making it the oldest continuously operated Black-owned company in the country.
March 15, 2021VW Plans Europe’s Biggest Battery Push in Electric Offensive
Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.
Pelosi Pledges Swift Work on Major Infrastructure Package
WASHINGTON — House Speaker Nancy Pelosi on March 14 pledged swift work by Congress on a job and infrastructure package that will be “fiscally sound,” but said she isn’t sure whether the next major item on President Joe Biden’s agenda will attract Republican backing.