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.
Ascend Adds Georgia Terminal
Ascend 鈥 a dry van, full truckload carrier that offers middle-mile supply chain solutions 鈥 announced it acquired a new terminal in McDonough, Ga.
December 29, 2022New Pocket Guide Includes Key Transportation Metrics
A 72-page 鈥淧ocket Guide to Transportation 2023鈥 from the federal government is available online and in print with key statistical data and highlights of major national transportation data trends.
December 28, 2022DOT Gets Funding Increase in $1.7 Trillion Federal Budget
The spending budget for the federal government鈥檚 fiscal 2023 includes an increase in funding for the Department of Transportation that is higher than the level requested by the White House.
December 28, 2022Toyota Hits Record November Output, but Shortages Loom
Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.
December 28, 2022Clean Energy Fuels Secures $150 Million Loan
Clean Energy Fuels Corp. announced that it entered into a four-year $150 million sustainability-linked senior secured term loan with Riverstone Credit Partners.
December 28, 2022Shipping Insurers Back Off of Russia-Ukraine Trade
A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia鈥檚 war in Ukraine, a further sign of the industry鈥檚 growing concerns about losses stemming from the conflict.
December 28, 2022VTNA Adds Young Trucks to EV Dealer Network
Volvo Trucks North America announced it expanded its network of certified electric vehicle dealers into Ohio. Young Trucks, a fourth-generation, family-owned dealership, recently completed the required training and certification program.
December 28, 2022Nikola Tre BEV to Operate at LAX
Los Angeles World Airports announced the arrival of its first heavy-duty battery-electric vehicle, marking a significant step in the airport鈥檚 transition to a fully electric fleet.
December 28, 2022Aurora Driver Beta 5.0 Released
Aurora Innovation Inc. has released Aurora Driver Beta 5.0, the latest version of its integrated hardware and autonomy system, to its autonomous trucking fleet in Texas.
December 28, 2022California Bill Says Tesla Can鈥檛 Call Cars 鈥楩ull Self-Driving鈥
Starting in 2023, Tesla will effectively be banned from advertising its vehicles as Full Self-Driving in California under a new law signed by Gov. Gavin Newsom.
December 28, 2022