REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.
February 3, 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.
Amazon CEO Jeff Bezos to Step Down in Q3
Amazon.com founder Jeff Bezos will step down as the online giant’s CEO but will stay on as executive chairman, the company announced Feb. 2.
February 2, 2021New 7/3 Split Sleeper Berth Rule Appears Slow to Gain Popularity
A tweak of the hours-of-service (HOS) rule that went into effect on Sept. 29 has put a new 7/3 split in the mix as an alternative to meet 10-hour off-duty requirements in the sleeper berth. It also may be a bit confusing.
February 2, 2021Oil Jumps to One-Year High on Depleting Supplies
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical markets aided crude’s virus-recovery rally.
February 2, 2021FMCSA Clearinghouse Records More Than 56,000 Truck Driver Violations in 2020
More than 56,000 drug and alcohol violations were recorded last year in a database intended to track truck drivers’ compliance history and prevent them from job-hopping in the event of a failed drug test.
February 2, 2021Ryder Provides Paid Time Off for COVID Vaccinations
Ryder System Inc. will pay up to six hours for employees to get the coronavirus vaccine, the company said Feb. 1.
February 2, 2021CVSA International Roadcheck Set for May 4-6
This year’s International Roadcheck is set for May 4-6, the Commercial Vehicle Safety Alliance announced.
February 2, 2021Missouri DOT Progresses With I-70 Rocheport Bridge Replacement Project
The Missouri Department of Transportation is advancing work on a $240 million project to replace the Rocheport Bridge, a vital freight link that carries 3.6 million trucks per year.
February 2, 2021Senate Confirms Pete Buttigieg as Transportation Secretary
The U.S. Department of Transportation has a new leader in Pete Buttigieg, a 2020 presidential candidate and the former mayor of South Bend, Ind.
February 2, 2021Biden Team Will Test Shipping Vaccines Directly to Pharmacies
President Joe Biden’s administration will begin to test a program to provide coronavirus vaccines directly to pharmacies, as officials seek to increase the pace of U.S. inoculations.
February 2, 2021Trending
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