Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020.
August 27, 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.
Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock
Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.
August 27, 2020Climate Change Debate Adds to Busy Fall Congressional Agenda
By recently proposing to reduce emissions, invest in communities and add millions of new jobs, Senate Democrats intend to add climate change to the list of pertinent policy matters before Congress this fall.
August 27, 2020VW CEO Backs Bill Gates’ Proposals for Greener Transportation
Volkswagen AG’s CEO encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power.
August 27, 2020Waymo Tests Autonomous Trucks in Texas
Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts.
August 27, 2020Jobless Claims Resume Decline; Report Comes With Caveats
Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is back on track as COVID-19 infections ease from a surge in the prior two months.
August 27, 2020Laura Carves Destructive Path Through Louisiana
One of the strongest hurricanes ever to strike the U.S. pounded the Gulf Coast on Aug. 27, shearing off roofs and killing at least four people, as Laura barreled across Louisiana and maintained ferocious strength while carving a destructive path hundreds of miles inland.
August 27, 2020Elon Musk’s Wealth Now Exceeds $100 Billion
Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk.
August 26, 2020Ports Say Business Beginning to Recover
The nation’s ports are seeing some improvement in business even as the U.S. economy continues to struggle amid the COVID-19 pandemic.
August 26, 2020Walmart Cuts 230 Million Tons of Emissions, With Supplier Help
Walmart Inc. has cut 230 million metric tons of greenhouse gases out of its supply chain in the past three years, putting the world’s largest retailer on track to achieve its 2030 emissions goal.
August 26, 2020Trending
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