Transportation 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.
Oil Falls Below $80 En Route to Biggest Run of Weekly Losses This Year
Oil headed for the longest stretch of weekly losses this year as central banks around the world stepped up the fight against inflation at the cost of economic growth.
September 23, 2022Pony.ai to Test Autonomous Vehicles in Arizona
TUCSON, Ariz. — Pony.ai, a developer of self-driving cars based in China and Silicon Valley, will begin testing its autonomous vehicles in Tucson, with trained safety drivers behind the wheel, in a partnership with Pima Community College.
September 23, 2022Nikola Takes Next Steps to Expand Global Operations
HANOVER, Germany — Nikola Corp. unveiled a prototype of a European-spec fuel cell-powered Nikola Tre Class 8 model and also announced that it is taking orders for the battery-electric version in the region.
September 23, 2022Tesla Recalls 1 Million Cars Over Window Problem
Tesla was forced to recall more than 1 million electric cars in the United States over windows that could pinch occupants as they’re being rolled up.
September 23, 2022Perspective: Truckers Are Undeniably Essential
The term “essential” came into sharp focus during the pandemic, ATA President Chris Spear notes. The urgency of the moment forced Americans to recognize the many hands at work that keep our society going. There was an outpouring of gratitude for our nation’s truck drivers, rightfully so, as they persevered through adversity to keep stores stocked and hospitals supplied.
September 23, 2022Business Activity Gauge Improves, but Still Shows Contraction
U.S. business activity contracted in September for a third straight month, though at a more moderate pace as a pickup in orders and a further softening of inflation allayed concerns of a more-pronounced pullback.
September 23, 2022Inflation Reduction Act Sparks Interest in Battery Industry
Battery upstarts are salivating over elements in the Inflation Reduction Act, particularly the tax credits for manufacturing components in the U.S.
September 23, 2022Ford Breaks Ground on $5.6 Billion Complex for EVs, Batteries
Ford Motor Co. has begun construction of its $5.6 billion electric vehicle manufacturing complex in western Tennessee, the largest factory project in the automaker’s 119-year history.
September 23, 2022Canada to Drop Vaccine Mandate at Border Sept. 30
TORONTO — Prime Minister Justin Trudeau has signed off on Canada dropping the vaccine requirement for people entering the country at the end of September, an official familiar with the matter told The Associated Press on Sept. 22.
September 22, 2022Boeing to Pay $200 Million to Settle SEC Probe Over 737 Max
Boeing Co. agreed to pay $200 million to settle U.S. Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.
September 22, 2022