WASHINGTON — Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% while inflation over the past 12 months rose to the fastest pace in three decades.
August 27, 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.
New York City Council OKs Cap on Food Delivery Fees
New York City lawmakers passed a measure that will make temporary caps on third-party delivery fees permanent in a blow to companies like DoorDash Inc., Grubhub and Uber Technologies Inc.
August 26, 2021Nuro to Build Autonomous EV Factory in Nevada
Nuro Inc., which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada.
August 26, 2021Gas, Diesel Will Be Cheaper in New Jersey Come Oct. 1
New Jersey’s gasoline tax will drop 8.3 cents to 42.4 cents a gallon on Oct. 1 after drivers were forced to pay more at the pump a year ago, state officials announced Aug. 24.
August 26, 2021Used Class 8 Market Strong in July
July sales of used Class 8 vehicles, along with the average price for a heavy-duty truck, rose year-over-year again.
August 26, 2021Pottle’s Transportation Driver Ronald Round Wins ATA's Battle of the States
Ronald Round has been named Bendix Grand Champion at American Trucking Associations’ National Battle of the States: Virtual Truck Driving Championships.
August 26, 2021FMCSA Medical Board Supports Vision Policy Changes
The Federal Motor Carrier Safety Administration has released a report from its medical review board on plans to tighten federal driver vision standards, but at the same time streamline the process to get qualified monocular drivers on the road quicker.
August 26, 2021Biden Urges CEOs to Improve Cybersecurity
President Joe Biden urged a group of CEOs to help improve cybersecurity across the nation’s critical infrastructure and economy, citing a lack of trained professionals to adequately protect the U.S.
August 26, 2021Supply Chain Bottlenecks Likely to Endure, Experts Say
Stifling supply chain bottlenecks are likely to remain — and possibly worsen — in the months ahead as consumers follow back-to-school purchases with end-of-year holiday shopping, according to experts who spoke with Transport Topics.
August 26, 2021Alphabet’s Wing Nears 100,000th Package Delivery
Alphabet Inc.’s Wing subsidiary is about to reach a milestone in the fledgling drone-delivery business: Any day now it will deliver its 100,000th package to a customer.
August 25, 2021Trending
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