More funds are needed to help transportation groups and transit agencies navigate COVID-19 pandemic recovery, according to experts.
June 18, 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.
Hertz Halts Plan to Sell 鈥榃orthless鈥 Stock on SEC Scrutiny
Hertz suspended plans to raise cash by selling new shares that the bankrupt car renter described as potentially 鈥渨orthless鈥 after its proposal failed to pass muster with regulators.
June 17, 2020TT Wins Five ASBPE Regional Awards
Transport Topics has won five 鈥淎zbee鈥 awards from the American Society of Business Publication Editors in the Mid-Atlantic region, including gold awards in three categories.
June 17, 2020China鈥檚 Meat Testing Threatens to Derail US Pork Exports
China鈥檚 move to test imported meat for the novel coronavirus is threatening to derail trade with the world鈥檚 largest pork consumer, hurting American farmers who had seen shipments boom.
June 17, 2020Volkswagen, Battery Firm Eye Pilot Plant for Electric SUV Production
Volkswagen has boosted its stake by $200 million in a San Jose, Calif., company that targets solid state battery technology, and the two partners are looking at setting up a pilot plant.
June 17, 2020Senator Slams FAA鈥檚 鈥楧eliberate鈥 Attempt to Stymie 737 Max Probe
A Senate committee chairman sharply criticized the Federal Aviation Administration on June 17 for what he alleged were repeated failures to respond to a committee鈥檚 investigation into two crashes of Boeing Co.鈥檚 737 Max.
June 17, 2020Uber to Sell Software, Starting With Four-Van Transit Service
Uber Technologies Inc. is getting into software. The company is making the technology that powers its ride-hailing business available to others, starting with public transit agencies.
June 17, 2020FHWA Grant Supports Automated Truck Corridor on Interstate 70
A team of partners including the Indiana and Ohio departments of transportation has been awarded a federal grant of $4.4 million in support of an automated truck corridor.
June 17, 2020Technology Is Key in Fleets鈥 Response to Coronavirus Pandemic
Technology has shaped how trucking companies have navigated through the coronavirus pandemic while setting the resulting economic slowdown apart from past ones.
June 17, 2020Nikola Sets Truck Production Schedule, Envisions Autonomous Model
Zero-emission truck maker Nikola Corp., which recently jumped to a publicly traded company from its startup perch, has begun building prototypes of its heavy-duty battery-electric model in Germany and is set for groundbreaking on a plant in the United States this summer.
June 17, 2020Trending
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