Uber Technologies Inc. will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the coronavirus pandemic.
May 6, 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.
Volvo Says Virus Won’t Slow Its Rollout of Self-Driving Car Tech
Volvo Car AB is grappling with plant shutdowns and layoffs, but one thing it’s not doing amid the fallout from the coronavirus pandemic is pumping the brakes on autonomous driving development.
May 6, 2020Continental Transitions to KeepTruckin for ELD Services
Tire, systems and components supplier Continental said it will transition customers to an alternate electronic logging device and fleet management solution.
May 6, 2020NHTSA Forecasts Slight Increase in Truck Crash Fatalities for 2019
Fatalities in crashes involving at least one large truck are projected to have increased by 1% in 2019, while overall traffic fatalities are projected to see a decline, according to National Highway Traffic Safety Administration estimates.
May 6, 2020Illinois DOT, Volunteers to Offer Free Meals to Truckers
The Illinois DOT is partnering with organizations to provide free meals to commercial motor vehicle operators as a gesture of appreciation to truck drivers during the COVID-19 pandemic.
May 5, 2020CARB Updates Proposal to Speed California’s Transition to Zero-Emission Vehicles
California environmental regulators have issued an accelerated plan to mandate that truck manufacturers transition a portion of their sales from heavy diesel trucks to electric zero-emission vehicles beginning in 2024.
May 5, 2020Oil Extends Recovery on Optimism Supply Cuts Will Trim Glut
Oil’s recovery from last month’s epic plunge accelerated as production cuts start to whittle down a supply glut and more economies ease their coronavirus lockdowns.
May 5, 2020ATRI Survey Reflects Drop in Congestion, Haul Length
Lighter traffic congestion and shorter hauls are some of the outcomes from the coronavirus pandemic’s effect on trucking operations.
May 5, 2020California Sues Uber, Lyft Over Alleged Labor Law Violations
California is suing ride-hailing companies Uber and Lyft, alleging they misclassified their drivers as independent contractors under the state’s new labor law.
May 5, 2020April Class 8 Orders Reach 25-Year Low
Class 8 orders in April sank to the lowest level since 1995, when orders went negative for two months, ACT Research reported.
May 5, 2020Trending
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