Autonomous vehicles are mostly electric so far. That’s one of the main conclusions of BloombergNEF’s just-published annual report analyzing the state of AV testing programs in the U.S. and China.
March 1, 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.
Shell to Pull Out of Energy Investments in Russia
LONDON — Global oil and gas giant Shell said Feb. 28 that it is pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise.
February 28, 2022GM’s Cruise Names Interim CEO Vogt Full-Time Chief
Cruise LLC, the autonomous vehicle company that is majority-owned by General Motors Co., named founder Kyle Vogt its full-time chief executive officer.
February 28, 2022DOT Proposes Adding Oral Fluid Specimen for Driver Drug Testing
The Department of Transportation is proposing to add new drug testing guidelines that would permit motor carriers to test truck drivers using oral fluid samples as an alternative to urine testing.
February 28, 2022Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders
No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.
February 28, 2022Dayton Freight Lines to Acquire Cartage Division From Valley Cos.
Dayton Freight Lines announced Feb. 28 that it plans to acquire the Cartage division from Valley Cos., a transportation and logistics company.
February 28, 2022Chevron to Buy Renewable Energy Group for $3.1 Billion
Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of CEO Mike Wirth’s four-year tenure.
February 28, 2022New York-New Jersey Tunnel Work May Start in 2023
The $12.3 billion Gateway rail tunnel linking New York City and New Jersey has reached a major preconstruction milestone with the completion of geotechnical studies necessary for the engineering phase.
February 28, 2022Shippers, Retailers Focus on Upcoming ILWU, PMA Contract Talks
The retail sector is urging West Coast port workers and leaders to begin negotiations early on a new labor contract, a move that could prevent potential future delays at facilities that already are dealing with backlogs.
February 28, 2022Hyliion Receives Order for 50 Hypertruck ERX Powertrains
Hyliion Holdings Corp. announced private fleet GreenPath Logistics ordered 50 Hyliion Hypertruck ERX powertrains.
February 28, 2022Trending
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