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June 6, 2022Trucking Business 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.
Musk Threatens to Walk Away From Twitter Deal
DETROIT 鈥 Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
June 6, 2022Labor Talks for Port Workers Continue
The immediate future of the global supply chain rests on a bargaining table in San Francisco, where the union representing all West Coast dockworkers is hashing out a new contract with the assembled bosses of maritime shipping.
June 6, 2022Roadrunner Executive Dave Renfrew Wins Recruiter Award
NASHVILLE, Tenn. 鈥 Roadrunner Vice President of Capacity Dave Renfrew was named recruiting professional of the year at the 2022 Recruitment and Retention Conference on June 3.
June 3, 2022US Boosts Biofuel Quotas as Gas Prices Surge
The U.S. is ordering refiners to boost the use of biofuels such as corn-based ethanol, as the Biden administration tries to strike a balance between competing political and economic pressures while gasoline prices soar.
June 3, 2022Tesla Faces Increase in Complaints Over 鈥楶hantom Braking鈥
Tesla Inc. is facing stepped-up scrutiny from U.S. regulators who have received 758 complaints of cars made by the company that suddenly brake at high speeds, more than double the number of reported incidents earlier this year.
June 3, 2022Class 8 Orders Slip in May
North American Class 8 orders slid to 14,000 units, ACT Research reported, citing truck makers鈥 preliminary data, as underlying conditions that had held back order intake sharply in April, compared with all recent months but one, were little changed.
June 3, 2022Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%
Electric carmaker Tesla Inc. needs to cut staff by around 10%, CEO Elon Musk said, noting he had a 鈥渟uper bad feeling鈥 about the economy, according to an internal email seen by Reuters.
June 3, 2022California Regulators Approve State鈥檚 First Robotic Taxi Fleet
California regulators on June 2 gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads.
June 3, 2022Walmart to Add Four E-Commerce Warehouses to Speed Deliveries
Walmart Inc. announced plans to build what it said would be a 鈥渉igh-tech鈥 fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.
June 3, 2022Trending
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