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.
DOT Announces $2.5 Billion Grant for Charging Infrastructure
The government announced $2.5 billion in grants for charging stations and alternative fueling infrastructure, partly to increase access along highway corridors for longhaul trucking.
March 14, 2023REPLAY: How to Build Your Business Continuity Plan (Pt. 2)
The adoption of advanced technologies and cloud-based computing has been a boon for smarter logistics and operations, but it comes with the growing threat of cyberattacks. Whether the threat be ransomed data or operational disruptions, how do you expect the unexpected? How can you prepare your trucking company for the worst?
March 14, 2023REPLAY: How to Build Your Business Continuity Plan (Pt. 1)
The recent collapse of the Silicon Valley Bank is the second largest bank failure in U.S. history, leaving many businesses to wonder how it happened and if it could have been prevented. Today's trucking companies must contend with and prepare for issues like nuclear verdicts and ransomware attacks to prevent disruptions to their operations. How does a company plan for any number of threats and what does the best business continuity plan look like?
March 14, 2023Uber, Lyft Get Positive Ruling in California Labor Case
App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.
March 14, 2023Ritchie Shareholders Approve $6 Billion IAA Takeover
Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.
March 14, 2023Amazon, Rivian May End EV Van Exclusivity
Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports.
March 14, 2023Buttigieg, DOT Push Crackdown on Transportation Mergers
Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according to Secretary Pete Buttigieg.
March 14, 2023Inflation Stays High in February, Complicating Fed’s Plans
WASHINGTON — U.S. consumer price increases eased from January to February but still indicated elevated inflation, posing a challenge for the Federal Reserve's interest rate plans.
March 14, 2023VW Increases Investments in EV, Software Technologies
Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.
March 14, 2023Tesla Autopilot Doesn’t Live Up to Name, Buttigieg Says
Tesla Inc.’s "Autopilot" name for its trademark driver-assistance system lacks “common sense,” according to Transportation Secretary Pete Buttigieg.
March 14, 2023