The Senate Finance Committee is launching an investigation into whether major automakers such as Ford Motor Co., General Motors Co. and Tesla Inc. are using parts made with forced labor from the Xinjiang region of China.
December 22, 2022Trucking 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.
GM’s Cruise Expands Robotaxi Service Despite Federal Safety Probe
General Motors Co.’s Cruise unit started offering rides with its self-driving taxi business in two more cities, expanding beyond San Francisco with cars now operating in Phoenix and in Austin, Texas.
December 22, 2022Hong Kong Airport’s Robobus Offers Glimpse of Driverless Future
Hong Kong International Airport says it’s ready to use driverless buses, confident it can shuttle passengers around the aerodrome starting next year after extensive trials years in the making.
December 22, 2022GDP Grew 3.2% in Q3, an Upgrade From Earlier Estimate
Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September.
December 22, 2022Amazon Builds Last-Mile Shipping Facility in Montana
Amazon .com Inc. is creating its first big foothold in Montana with a last-mile shipping delivery facility for the entire state, Gov. Greg Gianforte announced Dec. 16.
December 22, 2022Oversight to Dominate House Republicans’ Agenda in 2023
An in-depth examination of the Biden administration’s funding priorities and policy proposals is expected to be the focus of House Republicans in leadership roles in 2023.
December 22, 2022Toyota President Expresses Caution on Electric Vehicles
The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles.
December 21, 2022Winter ‘Bomb Cyclone’ Bears Down on Chicago Ahead of Holiday Travel Rush
Chicago is in the crosshairs of a powerful winter storm that could become a “bomb cyclone†— with deep snow, searing winds and an Arctic chill.
December 21, 2022White House Envoy Stephen Lyons Says Supply Chain Closing 2022 in Better Shape
White House Supply Chain Envoy Stephen Lyons says the nation’s supply chain is ending 2022 in a much better position than a year ago.
December 21, 2022FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.
December 21, 2022Trending
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