Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months.
March 23, 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.
Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation
A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030.
March 22, 2021Oregon Transportation Commission Approves Program to Address Freight Issues
The Oregon Transportation Commission recently approved the Enhance Highway Discretionary Program, which is meant to specifically address congestion and freight mobility issues.
March 22, 2021Kenworth Shows Off Aerodynamics of T680 Next Gen
RENTON, Wash. — Kenworth Truck Co. spotlighted the aerodynamic and interior upgrades to its T680 Next Gen Class 8 during a small media event that began at its proving grounds here, then shifted to a 40-mile test drive during which both the day cab and highway models were on hand.
March 22, 2021Chip Shortage Worsens as Fire Shuts Factory for a Month
NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered automobile production.
March 22, 2021Sen. Deb Fischer Again Introduces Livestock Hauling Bill
Legislation meant to enhance commercial operations for haulers of livestock and agricultural commodities was recently introduced in the U.S. Senate.
March 22, 2021Texas Law That Limits Ship Size at Port Houston Attracts Federal Scrutiny
A Texas law that restricts the size of ships that can operate within the Houston Shipping Channel and, because of that, call on Port Houston is generating controversy within the port and shipping community.
March 22, 2021Fleets’ Tire Choices Involve Many Factors
Selecting the right tires for a trucking fleet’s specific application and business model is both a science and an art, with experience, industry know-how and common sense mixed in.
March 22, 2021Japan Charges Two Americans With Helping Ghosn Escape
TOKYO — Japanese prosecutors charged two Americans, Michael Taylor and his son Peter, March 22 in the escape of former Nissan Chairman Carlos Ghosn to Lebanon, while he was out on bail.
March 22, 2021Werner Enterprises Named Military Friendly Company
Werner Enterprises announced it was recognized for the fifth consecutive year as a company that is friendly toward military veterans.
March 22, 2021