As U.S. President Joe Biden weighs alternatives to lower fuel prices, one move that could bring immediate relief at the pumps is sparking debate: adjusting the Bush-era renewable fuel mandate.
November 15, 2021Trucking Business News
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.
Former New Orleans Mayor Landrieu to Manage Infrastructure Plan
President Joe Biden has chosen as supervisor of his $1 trillion infrastructure plan Mitch Landrieu, who as New Orleans mayor pushed the city into recovery after the devastation from Hurricane Katrina.
November 15, 2021Uber Freight Completes Acquisition of Transplace
Uber Freight announced Nov. 15 that it has completed its acquisition of the managed transportation and logistics network company Transplace from TPG Capital.
November 15, 2021Oil and Gas Leases on Hold in New Mexico’s Chaco Park
New oil and gas leasing within 10 miles of Chaco Culture National Historical Park will be prohibited for the next two years as officials consider a proposal to withdraw federal land in the area from development for a 20-year period, the U.S. Department of Interior said Nov. 15.
November 15, 2021Volkswagen Appeals Rejected as High Court Allows Emissions Scandal Suits
The U.S. Supreme Court rejected two appeals from Volkswagen AG, leaving intact rulings that let state and local governments sue over a diesel-emissions cheating scandal that already has cost the German automaker more than $23 billion.
November 15, 2021Coal Hits 12-Year High, Threatening More Energy Inflation
U.S. coal prices surged to the highest level in more than 12 years, threatening to bloat America’s already soaring electricity bills and signaling the fuel isn’t going to get phased out anytime soon.
November 15, 2021Nikola Founder Trevor Milton Must Face Criminal Case
Nikola Corp. founder Trevor Milton must face the criminal case against him in New York, after a federal judge denied his request to dismiss the indictment or change the venue.
November 15, 2021Tyson Foods’ Earnings Beat Estimates on Soaring Meat Prices
Tyson Foods Inc., the top U.S. meat company by sales, reported better-than-expected earnings as surging prices for beef and chicken helped to offset a decline in volumes amid a tight labor market.
November 15, 2021Startup Embark Trucks Now Publicly Traded
Autonomous truck software developer Embark Trucks Inc. announced it completed its business combination with Northern Genesis Acquisition Corp. II, and the combined company has been renamed Embark Technology Inc.
November 15, 2021Xos Adds Additional Proprietary Battery Systems
Electric truck maker Xos Inc. announced its second series of proprietary battery systems.
November 15, 2021Trending
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