Trucking Business News

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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.

GovernmentBusinessLogistics

New York Works to Expand Road Testing Availability for CDLs

Efforts are underway in New York to enable more people to conduct road tests for commercial driver licenses to reduce a long backlog exacerbated by the ongoing coronavirus pandemic.

January 25, 2022
BusinessTechnologyAutonomous

VW, Bosch Team Up on Self-Driving Software

Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.

January 25, 2022
BusinessTechnologyFuel

GM’s $6.5 Billion Electric Truck Blitz Wins Michigan Incentives

General Motors Co. plans to spend $6.5 billion on an electric pickup plant and battery factory in Michigan thanks in part to a $1.8 billion incentive package put together by the state to make sure the automaker didn’t take a big piece of its EV business elsewhere.

January 25, 2022
GovernmentBusinessTechnology

Chip Shortage Expected to Stretch Through 2022

The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year, promising long-term strain on a range of U.S. businesses, including automakers and the consumer electronics industry.

January 25, 2022
BusinessTechnologyAutonomous

Robotics Startups Seek to Build a Better Self-Driving Lawn Mower

Hundreds of well-funded robotics startups are working on self-driving cars, self-piloting drones and shelf-diving warehouse robots. One lesser-known area that’s beginning to draw the attention of investors: autonomous lawn mowers.

January 25, 2022
BusinessTechnologyAutonomous

Teen Tesla Hacker Accessed Owners’ Email Addresses to Warn Them

The 19-year-old cybersecurity researcher who remotely accessed dozens of Tesla Inc. vehicles through a third-party flaw, has a new trick: hacking the car owners’ email addresses to notify them they are at risk.

January 25, 2022
BusinessTechnologyEquipment

Paccar Boosts Q4 Net Income, Revenue

Paccar Inc. reported fourth-quarter net income rose 26% and revenue increased by about $1 billion compared with a year earlier.

January 25, 2022
GovernmentBusinessSafety

OSHA Formally Withdraws Its COVID-19 Vaccine Mandate

The Occupational Safety and Health Administration is formally withdrawing its emergency temporary standard requiring large companies to require their employees to receive COVID-19 vaccinations, the agency announced Jan. 25.

January 25, 2022
BusinessLogistics

Walmart Mulls Options for Part of Central American Business

Walmart Inc. is studying strategic alternatives for its operations in Honduras, El Salvador and Nicaragua, signaling another potential move to narrow its focus abroad.

January 25, 2022
BusinessLogistics

World’s Largest Container Line Makes Play for Italian Air Carrier

Mediterranean Shipping Co. is seeking a controlling stake in new Italian flag carrier ITA Airways through a deal that would also include Deutsche Lufthansa AG.

January 25, 2022