Trucking Business News

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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.

BusinessTechnologyAutonomous

Intel to Take Mobileye Unit Public in 2022 IPO

Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalize on its investment in a burgeoning industry.

December 7, 2021
BusinessTechnologyAutonomous

Stellantis Wants to Outfit Cars With AI to Drive Up Revenue

MILAN — Carmaker Stellantis announced a strategy Dec. 7 to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030.

December 7, 2021
GovernmentBusiness

Trade Deficit Narrows in October as Exports Rebound

WASHINGTON — The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September.

December 7, 2021
BusinessTechnology

ERoad Bolsters North American Presence With Coretex Acquisition

New Zealand-based ERoad announced Dec. 1 that it has closed the acquisition of the telematics solutions provider Coretex Limited.

December 6, 2021
GovernmentBusinessSafety

USDOT Approves TIFIA Loan for Chesapeake Bay Bridge Tunnel Project

A tunnel project critical to the Virginia Beach region’s mobility grid is receiving a boost from the federal government.

December 6, 2021
GovernmentBusinessTechnologyFuel

EV Maker Lucid Reveals SEC Investigation

Lucid Group Inc. disclosed it has become the latest electric vehicle maker to come under U.S. investigation following a merger with a blank-check company, sending its shares plummeting.

December 6, 2021
GovernmentBusinessFuel

Exxon Pledges to Zero Out Some Permian Basin Emissions by 2030

ExxonMobil Corp. pledged to zero out some greenhouse gas emissions in North America’s biggest oilfield by the end of the decade.

December 6, 2021
BusinessTechnologyLogistics

DoorDash Forms DashCorps to Employ Couriers for NYC Deliveries

Starting Dec. 6, DoorDash is offering grocery delivery in 15 minutes or less in the Chelsea neighborhood in New York.

December 6, 2021
BusinessTechnologyEquipmentTop 50Top 100

Werner Enterprises Integrates With Decisiv to Expand Repair Network

Werner Enterprises is integrating Decisiv into its application programming interface to expand its repair network, the company announced Dec. 2.

December 6, 2021
BusinessLogistics

Alan Shaw to Succeed Jim Squires as Norfolk Southern CEO

Norfolk Southern Corp. on Dec. 3 announced a CEO succession plan, with current leader Jim Squires retiring and longtime company executive Alan Shaw stepping up to lead the Class I railroad.

December 6, 2021

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