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.
Real-Time Alerts Coming to Kansas Rural Freight Corridor
Truckers driving through the U.S. Route 83 rural freight corridor in Kansas will benefit from a $6.67 million federal grant to help fund a long fiber optic network to deliver real-time traffic, weather and other useful information in that remote agricultural stretch.
September 14, 2022Classes 4-7 US Retail Sales Rise in August on Class 6 Surge
Classes 4-7 U.S. retail sales in August climbed 11.7% overall compared with a year earlier to more than 20,000, primarily because of a huge jump in Class 6 sales, Wards Intelligence reported.
September 14, 2022TMCSuperTech Back at Full Strength at Fall TMC
After an abbreviated meeting and TMCSuperTech competition, this year’s American Trucking Associations’ Technology & Maintenance Council Fall Meeting and National Technician Skills Competition is back at full strength.
September 14, 2022Inspectors Remove 12,456 CMVs, 3,714 Drivers During Roadcheck
Commercial vehicle inspectors conducted more than 59,000 inspections during the three-day 2022 International Roadcheck event, placing 12,456 vehicles and 3,714 drivers out of service, the Commercial Vehicle Safety Alliance reported Sept. 13.
September 14, 2022California Sues Amazon, Alleging Antitrust Law Violations
NEW YORK — California is suing Amazon, accusing the company of violating the state’s antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.
September 14, 2022Nikola Whistleblower Made $600,000 Off Short Sale, Jury Told
A former Nikola Corp. contractor whose allegations of fraud at the electric truck company helped spur a criminal investigation told a federal jury he made $600,000 off a short seller’s report on Nikola.
September 14, 2022Biden Touts EVs at Detroit Auto Show
DETROIT — President Joe Biden, a gearhead with his own vintage Corvette, is showcasing his administration’s efforts to promote electric vehicles during a visit Sept. 14 to the Detroit auto show.
September 14, 2022Biden Issues Offshore Drilling Rights Under Climate Mandate
The Biden administration on Sept. 14 issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.
September 14, 2022Paccar Increases Regular Dividend
Paccar Inc. announced an increase of 9% in its regular quarterly cash dividend to 37 cents from 34 cents per share.
September 14, 2022Class 8 Sales in August Climb to Year’s Best
Class 8 U.S. retail sales in August reached their high point for the year, clearing 23,000 for a 29.7% increase compared with a year earlier, Wards Intelligence reported.
September 14, 2022