President Joe Biden has created a Cabinet-level task force that will set priorities and oversee implementation of the comprehensive $1 trillion infrastructure bill that he signed into law on Nov. 15.
November 29, 2021Trucking 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.
Biden Meets With CEOs of Walmart, CVS on Holiday Supply Chain
President Joe Biden said his administration has made strides toward relieving U.S. supply chain disruptions, as he met Nov. 29 with the leaders of major retailers including Walmart Inc. who assured him they have ample inventories for the holiday season.
November 29, 2021Commerce Head Gina Raimondo to Urge Boost in Chip Output
Commerce Secretary Gina Raimondo on Nov. 29 will make the case for more domestic production of semiconductors in a pitch aimed at the administration’s goal to have 50% of U.S. vehicles be electric by the end of the decade.
November 29, 2021BYD Deploys New Jersey's First Battery-Electric Refuse Trucks
Electric truck maker BYD Motors announced it will deliver five of its battery-electric refuse trucks to New Jersey, in what it said was the first such deployment in that state.
November 29, 2021Amazon Takes Steps to Solve Supply Chain Problems
For Amazon, which burnished its reputation serving as a lifeline during the COVID-19 outbreak, the holiday season is an opportunity to extend its advantage over rivals.
November 29, 2021Inflation Surges Globally With Rising Food, Fuel Prices
BUDAPEST, Hungary — From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.
November 29, 2021Nissan Invests in Electric Vehicles, Battery Development
TOKYO — Nissan said Nov. 29 it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
November 29, 2021Locomation Announces Results of Study on ARC Benefits
Autonomous truck technology company Locomation announced an independent environmental impact evaluation found its Autonomous Relay Convoy (ARC) system will dramatically reduce the greenhouse gas footprint, fuel consumption and operating costs of transporting goods by truck.
November 24, 2021Truck Driver School Bustles Amid Driver Shortage
Business is booming at the California Truck Driving Academy amid a nationwide shortage of longhaul drivers that has led to promises of high pay and instant job offers.
November 24, 2021Consumer Spending Rebounds in October; Inflation Elevated
WASHINGTON — U.S. consumer spending rebounded in October, rising by a solid 1.3%, but inflation remains elevated, rising over the past year at the fastest pace in more than three decades.
November 24, 2021Trending
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