U.S. job openings and the number of Americans who quit their jobs in March rose to record highs, indicating that employers continue to struggle to retain and hire workers.
May 3, 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.
Stellantis to Buy Mercedes-BMW Car-Sharing Venture
Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.
May 3, 2022Rivian Wins $1.5 Billion in State Incentives for Georgia Plant
Electric-pickup maker Rivian Automotive Inc. will receive $1.5 billion in state and local incentives to build a massive plant near Atlanta, bolstering the company’s production efforts despite local resistance to the project.
May 2, 2022Amazon Workers in NYC Reject Union in a Reversal of Fortune
Amazon warehouse workers on Staten Island in New York City overwhelmingly rejected a union bid on May 2, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.
May 2, 2022Senators Press USDOT on AV Tech
A group of senators recently asked the U.S. Department of Transportation for an update on efforts to regulate key aspects of autonomous vehicles.
May 2, 2022Perspective: Exploring Quantum Computing
Quantum computing might be a new frontier in easing logistics management.
May 2, 2022Biden’s Team Puts Up Over $3 Billion to Boost Battery Output
The Biden administration will spend more than $3 billion to support the domestic manufacturing of advanced batteries used in electric vehicles and energy storage, officials said May 2.
May 2, 2022Rush Enterprises’ Net Income, Revenue Set Q1 Records
Truck dealership Rush Enterprises Inc. reported net income more than doubled in the first quarter as revenue rose 27% compared with a year earlier.
May 2, 2022Saia Reports 112% Increase in Earnings for Q1
Saia Inc. experienced a 112% year-over-year increase in total earnings for the first quarter, the company reported May 2.
May 2, 2022Gulf of Mexico Oil Drilling Makes Too-Little, Too-Late Comeback
A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.
May 2, 2022Trending
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