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.
NHTSA Turns Up Pressure on Air Bag Inflator Company
DETROIT — The U.S. government is turning up the pressure on ARC Automotive to recall 67 million potentially dangerous air bag inflators.
TT Podcasts: RoadSigns
Hayden Cardiff, co-founder and chief innovation officer of Idelic, discusses predictive analytics software and scoring driver practices.
Jaguar Recalls I-Pace EVs Due to Fire Risk in Batteries
DETROIT — Jaguar is recalling more than 6,000 I-Pace electric SUVs in the U.S. due to the risk of the high-voltage battery catching fire, and it’s telling owners to park them outdoors.June 1, 2023
Georgia, Wyoming Schools to Train More Truck Drivers
Seeking to get more truck drivers on the road, colleges in Georgia and Wyoming are expanding their commercial driver license programs.
Truck Driver Positive Tests for Marijuana Up 9.2% in Q1
The number of truck drivers testing positive for marijuana use increased 9.2% the first three months of 2023, according to federal Drug & Alcohol Clearinghouse data.
Stellantis’ Battery Plant Subsidy Likely to Top Volkswagen’s
Stellantis NV is likely to receive more in subsidies for a new electric vehicle battery plant in Canada than the $9.5 billion Volkswagen AG extracted for a similar project, says one expert.
Estes Express Lines Opens Terminal in California
Estes Express Lines took a major step in its expansion and sustainability initiatives with the opening of a new terminal in Banning, Calif., the carrier announced May 26.
NHTSA to Require Automatic Emergency Braking on New Vehicles
The U.S. government’s auto safety agency plans to require that all new passenger cars and light trucks include potentially life-saving automatic emergency braking within three years.
Job Openings Hit 10.1 Million
WASHINGTON — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation.
Seattle Amazon Workers Protest Climate Goals, Layoffs
SEATTLE — Hundreds of corporate Amazon workers protested what they decried as the company’s lack of progress on climate goals and an inequitable return-to-office mandate May 31.
Startup Verne Aims for Hydrogen Breakthrough in Trucking
San Francisco startup Verne is developing a lightweight hydrogen solution to power heavy-duty transportation. Co-founder Ted McKlveen talks about the company's plans.