Business

About 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.

Government, Business, Equipment, Logistics

US Removes Canada Aluminum Tariffs Amid Retaliation Threat

The U.S. announced the removal of aluminum tariffs it slapped on Canada last month.

September 15, 2020
Business, Technology, Equipment

Nikola Photo Gallery

Nikola Corp. is showcasing its innovations and detailing how it plans to get its clean-powered trucks to market. Here are photos of Nikola trucks.

September 15, 2020
Government, Business, Logistics

WTO: US Tariffs on China Are Illegal

A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.

Jamey Keaten | Associated Press
September 15, 2020
Business, Logistics

Amazon Looks to Use More Contractors for Grocery Delivery

Amazon .com Inc. is experimenting with a new program that pays independent contractors to fetch groceries from shelves in Whole Foods stores and deliver them in their own vehicles.

Spencer Soper | Bloomberg News
September 15, 2020
Government, Business, Logistics

Industrial Production Growth Slows, Up 0.4% in August

U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounceback recorded in previous months when factories were coming back to life.

Martin Crutsinger | Associated Press
September 15, 2020
Business, Equipment, Safety

COVID-19 Pandemic Stalls Replacement Cycles

Motor carriers paused their replacement cycles during the early days of the COVID-19 pandemic, but most dealers, fleets and analysts said the industry merely delayed making purchases for a few months, and they don’t expect long-term changes.

Steve Brawner | Special to Transport Topics
September 15, 2020
Government, Business, Fuel

National Average Price of Diesel Sheds 1.3¢ in Second Consecutive Decline

The national average price of diesel dropped 1.3 cents a gallon to $2.422, the Energy Information Administration reported Sept. 14. Diesel costs 56.5 cents a gallon less than it did a year ago after the second straight weekly drop.

Dan Ronan | Senior Reporter
September 14, 2020
Government, Business, Fuel

Daimler AG to Pay $1.5 Billion to Settle Emissions Cheating Probes

Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Sept. 14.

September 14, 2020
Government, Business

House Aims to Pass Stopgap Government-Funding Bill Week of Sept. 21

The House is aiming to vote the week of Sept. 21 on a stopgap spending bill to keep the government open when the fiscal year ends Oct. 1, Majority Leader Steny Hoyer said.

Erik Wasson | Bloomberg News
September 14, 2020
Business, Technology, Fuel, Top 50, Top 100

Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

Ed Ludlow | Bloomberg News
September 14, 2020