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.
Arizona, Wisconsin Earn 'C' Grades on ASCE Report Cards
The American Society of Civil Engineers infrastructure report cards for Wisconsin and Arizona reflected mediocre cumulative grades.
Trucking Targets 'Nuclear' Verdicts
The trucking industry is making gains in its fight against the plaintiffs bar and the increasing size of jury verdicts levied against motor carriers, but those in the trenches say the battle is not over.
Fed Signals Rates Will Stay Near Zero for at Least Three Years
The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the U.S. economy recover from the coronavirus pandemic.
Oil Surges With High Hopes Ahead of Federal Reserve Meeting
Oil extended gains above $40 a barrel in New York as shrinking crude stockpiles and speculation that the Federal Reserve will keep interest rates low raised hopes that an economy ravaged by the pandemic may be on the mend.
Western Star Photo Gallery
Western Star is headquartered in Portland, Ore., and is a brand of Daimler Trucks North America. Here are some photos of Western Star trucks.
September 16, 2020Fleets Face More Aerodynamic Options for Tractors, Trailers
The role of aerodynamic devices to boost fuel efficiency and reduce emissions has been tapped, but not exhausted, for tractors and trailers, the North American Council for Freight Efficiency found in recently released updates of two confidence reports first issued in 2016.
GM Introduces ‘Ultium Drive’ to Power EVs
General Motors Co.'s future electric vehicles are expected to be powered by five drive units and three motors known as “Ultium Drive,” which will help the company transition its lineup to all-electric, the automaker said Sept. 16.
Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods
The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store.
Hurricane Sally Unleashes Flooding Along the Gulf Coast
Hurricane Sally lumbered ashore in Alabama with 105 mph winds and torrential rain Sept. 16, swamping homes and trapping people in high water along the Gulf Coast as it crept inland for what could be a long, slow and disastrous drenching across the Deep South.
September 16, 2020Retail Sales Rise for 4th Straight Month as Growth Slows
Americans kept spending in August, but the pace of that growth is slowing as millions of people who lost jobs have now lost a $600-a-week boost in their unemployment checks.