Business
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.
Daimler Will Retool Century-Old Engine Plants in Electric Shift
Daimler AG has entered discussions with its powerful German labor unions to convert key engine and transmission factories for the electric-car era.
House Republicans Unveil NEPA Reform Bill
Legislation aimed at updating the environmental review process related to infrastructure projects recently was introduced by House Republicans.
Study Outlines Current, Future 3PL Trends
Third-party logistics companies are facing a changing environment and an evolving relationship with shippers, according to a new study.
Self-Driving Car Bill Reintroduced in House Minus Biggest Backer
Legislation that would allow carmakers to sell as many as 100,000 self-driving vehicles per year in the U.S. is being reintroduced in the U.S. House of Representatives, but one of its biggest cheerleaders is staying on the sidelines until next year.
ASCE Report: Underfunded Infrastructure Will Seriously Impact Economy
Failure to properly invest in the nation’s deteriorating surface transportation infrastructure will inflict significant negative consequences on the economy, according to preliminary findings from the American Society of Civil Engineers.
California Aims to End Sales of New Gas-Powered Cars, Trucks by 2035
California will aim to halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Sept. 23, a move he says would cut greenhouse gas emissions by 35% in the nation’s most populous state.
VW Aims to Turn Legions of SUV Buyers Into Electric Converts
Volkswagen AG is setting a high bar for the first electric vehicle it will build around the globe.
Oil Pares Gains as Stocks Slip on Fed Warnings on Economy
Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus.
Growth in US Business Activity Stays Solid, IHS Markit Data Shows
U.S. business activity continued to expand at a solid clip in September, outpacing a stagnant Europe and capping a vigorous third-quarter rebound for the economy.
Mack Touts Versatility of New Medium-Duty Models in Crowded Market
Mack is emphasizing its Class 8 experience with various applications as full production is underway for two new medium-duty models designed for various segments in that highly competitive market.