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.
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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, 2022Diesel Surges 34.9¢ to All-Time Record $5.509 a Gallon
The national average price of diesel skyrocketed 34.9 cents to set an all-time record of $5.509 a gallon, according to Energy Information Administration data released May 2.
May 2, 2022How to Build Up Trucking's Workforce With Labor Secretary Marty Walsh
ATA Chief Economist Bob Costello estimates that the industry needs at least 80,000 drivers today and more in the future to account for rising freight levels. The Biden administration has made efforts in the past year to encourage more men and women to enter the trucking industry. With the Department of Transportation and Department of Labor working in cooperation with industry stakeholders for paid apprenticeship and training programs, how successful are these efforts? In this special edition of Newsmakers, Labor Secretary Marty Walsh joins TT's Eugene Mulero and Dan Ronan to discuss the industry's workforce concerns, changing perceptions of trade professions, and partnering with public and private groups to work toward a common goal.
May 16, 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, 2022Crossword Puzzle Solution for May 2, 2022
Here's the solution to the crossword puzzle found in the May 2, 2022 print edition.
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, 2022