A controversial practice of financial firms funding litigation for attorneys who sue trucking companies is putting defense attorneys at a disadvantage — and is on the rise.
July 21, 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.
Truck Drivers Go On Strike in Puerto Rico
Puerto Rico’s largest truck-driver’s union began an indefinite strike July 21, demanding increased cargo rates on the island where 80% of all food is imported.
July 21, 2021Startup Couriers Snatch Toehold in Biggest Shake-Up of E-Commerce Era
Surging e-commerce is generating more package deliveries than giant couriers can handle, clogging retailers’ logistical pipelines and frustrating consumers. But the logjam is spawning startups with new ways of speeding deliveries.
July 21, 2021Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push
Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.
July 21, 2021Ford, Lyft and Argo Team Up to Deploy Robo-Taxis
Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.
July 21, 2021Heartland Express Reports Q2 Revenue Loss but Income Gains
Heartland Express saw overall financial gains despite a drop in revenue during the second quarter, the company reported July 19.
July 20, 2021Research Could Provide Window Into Driver Shortage
The aging trucker workforce and industrywide shortage of drivers present complex issues that could be explored with further research, according to a trucking safety committee.
July 20, 2021UK Has Its Own Truck Driver Shortage
A shortage of truck drivers, exacerbated by Brexit and COVID, is pushing up delivery costs and leading to empty shelves in stores.
July 20, 2021Astronaut Pete? Buttigieg is Game
Transportation Secretary Pete Buttigieg was excited to see Jeff Bezos’ blastoff into space July 20, describing space travel as a clear trend for the future. It’s a trip he would love to take himself, even if he doesn’t think it will happen in the foreseeable future.
July 20, 2021Infrastructure Deal in Peril as GOP Threatens Filibuster
WASHINGTON — The bipartisan infrastructure deal senators brokered with President Joe Biden is hanging precariously ahead of a crucial July 21 test vote as senators struggle over how to pay for nearly $1 trillion in public works spending.
July 20, 2021Trending
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