Trucking Business News

About 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.

BusinessEquipment

DTNA Names T.J. Reed President of Remarketing Unit

Daimler Trucks North America announced the appointment of T.J. Reed as president of Daimler Trucks Remarketing, effective immediately.

October 12, 2021
GovernmentBusinessSafety

Biden White House Proposes NEPA Guidance Updates

A proposal to restore certain environmental review guidelines for infrastructure projects that were modified by the Trump administration was announced by the Biden White House.

October 12, 2021
BusinessTechnologySafetyFuelAutonomous

Lucid Says Air Sedan Will Be First US Car to Use Lidar

Lucid Group Inc. said its debut battery-electric vehicle will be the first production car in the U.S. to include a purpose-built laser sensor, or lidar, enabling a broad range of advanced driver-assistance features.

October 12, 2021
BusinessLogisticsTop 100

UPS, FedEx, Walmart Hunting for Holiday Staffing

NEW YORK — All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.

October 12, 2021
BusinessTechnologyEquipmentSafetyBreaking News

Class 8 Sales Drop 10.4% in September

U.S. Class 8 retail sales fell 10.4% to 17,131 in September, WardsAuto.com reported.

October 12, 2021
GovernmentBusinessSafety

28th Conspirator Convicted in Staged Accidents With Trucks

A New Orleans woman has pleaded guilty for her role in a conspiracy to commit mail fraud in connection with a 2017 staged accident with a tractor-trailer.

October 12, 2021
BusinessEquipmentSafetyFuel

GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs

General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.

October 12, 2021
GovernmentBusinessSafety

White House Climate Action Plan Includes USDOT

In response to growing concerns associated with severe weather events linked to climate change activity, the U.S. Department of Transportation recently unveiled a comprehensive plan that pursues the administration’s aims for improving infrastructure.

October 12, 2021
Business

Rivian Aims to Appeal to Middle Ground

Rivian’s R1T electric pickup, the rig expected to hitch up an $80 billion IPO, is 217 inches long. That makes it almost 15 inches shorter than Ford Motor Co.’s world-beating F-150 and almost 7 inches longer than Ford’s midsized pickup, the Ranger.

October 12, 2021
BusinessTechnologyEquipmentFuel

Stellantis to Turn Turin Factory Into Electric Car Hub

Stellantis NV is seeking to retool its iconic Turin factory into an electric-vehicle hub, moving production of two Maserati luxury models to the Mirafiori plant as part of a decision that will safeguard jobs in the EV shift.

October 12, 2021