16 Jun Labor, Driver Shortages Delay Commercial, Military Moves The moving industry is facing mammoth labor and truck driver shortages during the peak military moving season and an explosion of moving demands in the commercial market, possibly delaying unscheduled summer moves until August or September, according to American Trucking Associations' Moving and Storage Conference. Read more...
16 Jun NRF Seeks Meeting With Biden Over Port Congestion Issues Congestion and delays in the supply chain continue to be a major headache for the nation’s retailers and now the National Retail Federation has asked President Joe Biden for a face-to-face meeting to discuss what can be done to improve the long delays. Read more...
16 Jun Alphabet’s Waymo Raises $2.5 Billion After Key Departures Waymo, Alphabet Inc.’s self-driving car unit, said it raised $2.5 billion in a recent funding round to help advance its technology and replace a management team rocked by departures. Read more...
16 Jun Sen. Manchin Cites ‘Grave Concerns’ About US ‘Going to the EV’ WASHINGTON — U.S. Sen. Joe Manchin, a conservative Democrat whose vote is key to any infrastructure deal in the narrowly divided Senate, expressed “grave concerns” June 15 about the Biden administration’s drive to boost adoption of electric vehicles. Read more...
16 Jun Carriers, Independent Contractors Oppose California AB 5 Contractor Law Trade organizations representing motor carriers and independent owner-operators alike say they strongly oppose a new California law that aims to reclassify large numbers of independent contractors as company employees, according to new documents filed in a recent appellate court challenge to the law. Read more...
16 Jun Democrats Prepare Go-It-Alone Approach on Infrastructure WASHINGTON — Patience running thin, Democratic leaders are laying the groundwork for a go-it-alone approach on President Joe Biden’s big jobs and families infrastructure plans even as the White House continues negotiating with Republicans on a much more scaled-back $1 trillion proposal. Read more...
16 Jun GM to Spend More on Electric Vehicles, Add Battery Plants DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology. Read more...
16 Jun Chinese Trucking Startup Seeks $1.6 Billion in US IPO Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in an initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year. Read more...
16 Jun May Medium-Duty Sales Climb 36% From 2020 Period U.S. retail sales in May for Classes 4-7 improved 36% compared with a year earlier, as all but the heaviest class showed strong gains, WardsAuto .com reported. Read more...
15 Jun Interactive Map: Where the 2021 Top 100 For-Hire Carriers Are in North America Find out where the carriers are by regions in North America. Read more...