Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.
December 28, 2020Trucking 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.
FedEx Completes Acquisition of ShopRunner
FedEx Corp. announced Dec. 28 that it has completed its acquisition of ShopRunner, marking an expansion of the company’s e-commerce footprint.
December 28, 2020Demand Boosts Average Price for Used Class 8 Trucks in November
The used truck market in November generated more demand and a higher average price for a Class 8 compared with a year earlier, ACT Research reported.
December 28, 2020COVID-19 Relief Package Includes $10 Billion for Highway Infrastructure
President Donald Trump on Dec. 27 signed a COVID-19 relief package that allots $10 billion for highway infrastructure programs.
December 28, 2020House Set to Vote on $2,000 Stimulus Checks Trump Demanded
The House is set to vote Dec. 28 to replace the $600 stimulus payments in the newly enacted pandemic relief law with the $2,000 President Donald Trump demanded — a Democratic-led effort that is politically fraught for congressional Republicans and unlikely to become law.
December 28, 2020Drone Use in US to Get Boost in New Security Rules
Commercial U.S. drone flights are set to receive a huge boost as soon as the week starting Dec. 28 with requirements that most of the devices must transmit a radio beacon with a digital license plate.
December 28, 2020Elion Adds Last-Mile Facility in South Florida
Elion Partners has acquired a 180,000-square-foot, last-mile industrial asset in Fort Lauderdale, Fla.
December 28, 2020Trucking Industry's Great Work in 2020 Will Pay Dividends in 2021, ATA’s Spear Says
The trucking industry’s response to the COVID-19 pandemic has brought with it a boost in public perception that will endure for years to come, American Trucking Associations President Chris Spear told Transport Topics.
December 28, 2020Oregon Commission Approves $2.2 Billion for Transportation Improvement Program
The Oregon Transportation Commission approved an initial plan to invest approximately $2.2 billion in future projects through the Statewide Transportation Improvement Program.
December 28, 2020Trump Signs Virus Relief, Government Spending Package
President Donald Trump signed a bill containing $900 billion in pandemic relief, backing down from last-minute demands that undercut his own negotiating team, risked a government shutdown and delayed widely supported economic aid as coronavirus cases continue to rise.
December 27, 2020Trending
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