The U.S. trade deficit widened to a record in March as the value of imports surged to a new high.
May 4, 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.
Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.
May 4, 2021Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery
Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.
May 4, 2021XPO Reports Highest Quarterly Revenue Ever in Q1
XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3.
May 3, 2021Velociti Opens Technology Innovation Lab
Velociti is aiming to help enterprise businesses develop technology innovations with the opening of Velociti Innovation Lab, the company announced April 28.
May 3, 2021Lumber Hits Record on Tight Supply, High Demand
Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.
May 3, 2021TFI International Completes UPS Freight Acquisition
TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30.
May 3, 2021Mack Trucks Commemorates 100 Years in Canada
Mack Trucks is celebrating a century of operations in Canada, the company announced April 26.
May 3, 2021Nevada DOT Construction Project Involves Large-Truck Restrictions
The Nevada Department of Transportation recently announced commercial truck restrictions on a Lake Tahoe-area highway as the agency undertakes a construction project.
May 3, 2021Ford Boosts Investment in Solid-State Battery Maker
Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
May 3, 2021Trending
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