Trucking Business News

About 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.

GovernmentBusinessSafety

Biden Proposes Rule to Protect Workers From Extreme Heat

WASHINGTON — President Joe Biden proposed a new rule to address excessive heat in the workplace, warning that high temperatures are the country’s leading weather-related killer.

July 2, 2024
GovernmentBusinessSafety

White House Seeks Funds for Baltimore Bridge Repairs

The leader of the Senate budget panel endorsed a recent emergency funding request from the White House specific to repairing a bridge that collapsed in Baltimore this year.

July 2, 2024
GovernmentBusinessTechnologyAutonomousTCA

Stellantis Invests Additional $55M in Electric Air Taxi

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

July 2, 2024
BusinessLogisticsTCA

C.H. Robinson COO Arun Rajan Becomes CSIO

In an atypical move, C.H. Robinson’s chief operating officer — its No. 2 — is becoming its chief strategy and innovation officer.

July 2, 2024
BusinessTechnology

Polestar Plans Cuts as EV Tariffs Deepen Loss

Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.

July 2, 2024
BusinessTechnology

Northvolt Might Slow Battery Projects Due to EV Slump

Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.

July 2, 2024
GovernmentBusinessTechnology

Biden Provides $504 Million to Support 12 Technology Hubs

WASHINGTON — The Biden administration said July 2 that it was providing $504 million in implementation grants for a dozen technology hubs nationwide.

July 2, 2024
BusinessTechnologyEquipment

Tesla Sales Fall for Second Straight Quarter

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.

July 2, 2024
BusinessTechnologySafety

Securing Legacy Maintenance Software

Outdated fleet software puts your company at risk of cyberattacks. One breach can cripple operations and finances. Download the National Motor Freight Traffic Association Inc.’s (NMFTA)™ whitepaper to learn about new threats, vulnerabilities, and solutions for securing your legacy systems.

July 1, 2024
GovernmentBusinessSafetyLogisticsFor-Hire

US Chamber Files Amicus Brief in Werner Verdict

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

July 1, 2024