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.
Congress Wades Into Self-Driving Debate With New House Bills
Congress is wading into the debate over whether automakers should be allowed to sell more self-driving cars while manufacturers seek federal permission to expand testing of the technology.
July 25, 2023Walmart Seen Gaining More Than 30% Over the Next Year
Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.
July 25, 2023UPS, Teamsters Reach Agreement on New Contract
UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.
July 25, 2023Aurora Details Financial Plan, Unveils Lidar Breakthrough
Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.Â
July 25, 2023Canada Transport Minister Omar Alghabra Steps Down
Transport Minister Omar Alghabra said he has decided not to run in Canada’s next election and will be stepping aside from the Cabinet as a result.
July 25, 2023Kentucky Waives HOS Limits to Aid Storm Relief Efforts
Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.
July 25, 2023Stellantis, Samsung to Build Another EV Battery Plant in US
Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24.
July 25, 2023How Important is Flexibility in Driver Lodging?
Plans change all the time for drivers. But if they’re staying in hotels, how can you ensure those changes of plan don’t come with major impacts to your budget?
July 25, 2023Sponsored ContentGeneral Motors Q2 Earnings Rise 52% on Strong Sales, Prices
DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.Â
July 25, 2023FedEx Pilots Reject Proposed Multiyear Contract
Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.
July 24, 2023Trending
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