Jumia Technologies AG surged the most in about 20 months after an agreement that will see UPS Inc. use the pan-African e-commerce company’s distribution network to expand on the continent.
April 4, 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.
Detroit Expands Service Training Center to Add EV Courses
Daimler Truck North America announced the opening of its expanded Detroit Service Training Center, which will be used to train technicians in electric powertrain service, battery maintenance and full truck repair.
April 4, 2022Russia War Could Further Escalate Auto Prices, Shortages
DETROIT — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts.
April 4, 2022Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues
AUSTIN, Texas — Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2.
April 4, 2022Hertz Plans EV Fleet Expansion With 65,000 Polestars
Hertz Global Holdings Inc. plans to buy 65,000 electric vehicles from Polestar over the next five years, a bet that its renters are both EV-curious and eager to drive brands beyond Tesla.
April 4, 2022Visa, Mastercard to Ease Rules, Allowing Stations to Raise Pump Limit
Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards.
April 1, 2022Amazon Workers in NYC Vote to Unionize, a First for Company
NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.
April 1, 2022Werner Exempt From New Driver Training Requirement
Federal trucking regulators have granted Werner Enterprises Inc. an exemption to allow a commercial learner permit holder who has successfully passed a commercial driver license skills test to operate a commercial vehicle without having a CDL holder observing from the front passenger seat.
April 1, 2022Panama Canal Proposes Toll Revamp
The Panama Canal Authority proposed a comprehensive restructuring of its toll system April 1 that would increase rates charged on cargo such as vehicles, oil and gas, and soybeans that cross the waterway as ocean shippers rake in record profits.
April 1, 202249 MPG Fuel-Economy Standard Ordered for Cars by 2026
The Biden administration ordered carmakers to increase their average fuel economy to about 49 mpg by 2026, in an ambitious effort to make up for progress stalled when President Donald Trump rolled back the efficiency program.
April 1, 2022Trending
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