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.
Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast
DEARBORN, Mich. 鈥 A parts shortage that has thousands of Ford鈥檚 most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.
September 20, 2022Daum Stresses Green Technology, Collaboration
HANOVER, Germany 鈥 Daimler Truck CEO Martin Daum said his company is pursuing a clean-energy strategy built around electric and fuel cell technology, setting aside natural gas as a component of the plan.
September 20, 2022California Ports Face Calls to Go Green After 鈥楿nmitigated Growth鈥
After years of 鈥渦nmitigated growth,鈥 the nation鈥檚 busiest port complex is facing calls to lower its carbon footprint from Southern California communities plagued by the health and environmental impacts, said Long Beach Mayor Robert Garcia.
September 20, 2022Batteries Battle Fuel Cells for Top Spot for Electric Trucks
Nikola President Michael Lohscheller was beaming when he unveiled the U.S. startup鈥檚 fuel cell truck for the European market at the region鈥檚 biggest commercial vehicle show this week.
September 20, 2022Winter in Europe Looms as Next Challenge for Energy Availability
CHICAGO 鈥 Two former White House officials say the world鈥檚 supply chain has experienced unprecedented disruption the last 2陆 years because of the COVID-19 pandemic.
September 19, 2022Diesel Drops Below $5 at $4.964 a Gallon
The national average price of diesel slid 6.9 cents to $4.964 a gallon in its third straight decline, according to Energy Information Administration data released Sept. 19.
September 19, 2022Nikola CEO Mark Russell Says Trevor Milton Was Prone to Exaggerate
Nikola Corp.鈥檚 chief executive officer told a jury he learned only after joining the company that its debut electric truck had neither a gas-powered turbine nor a fuel cell when founder Trevor Milton unveiled it.
September 19, 2022UPS, Aircraft Mechanics Agree to Contract Extension
UPS and its aircraft mechanics union have reached a deal for a three-year contract extension with pay increases and benefit improvements.
September 19, 2022Struggling EV Startup Mullen Auto Bids for Bankrupt Electric Last Mile
Troubled EV startup Mullen Automotive Inc. has emerged as the leading bidder for the assets of bankrupt competitor Electric Last Mile Solutions Inc., including a now-idle former Hummer SUV factory in Indiana.
September 19, 2022Volvo Trucks Unveils New Axle for Extended Electric Truck Range
Volvo Trucks unveiled its fully electric rear axle that is designed to free up space for batteries, the company announced Sept. 19.
September 19, 2022Trending
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