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, Fuel, Logistics

New Jersey to Hike Gasoline, Diesel Tax to Offset Consumption Drop

Tax rates on diesel and gasoline will go up in New Jersey to offset declines in fuel consumption, which have been exacerbated by the coronavirus pandemic.

Eleanor Lamb | Staff Reporter
August 28, 2020
Government, Business, Logistics

Judge Orders USPS to Provide Info on Service Changes

A federal judge in Washington state is giving the Trump administration and the U.S. Postal Service 10 days to turn over records and information about service changes that critics say could undermine mail-in voting in the November election.

August 28, 2020
Business, Equipment

Continental Makes Leadership Changes in Truck Tire Business

Continental announced the appointment of two new leaders Aug. 25 for the truck tires division in the Americas region.

August 28, 2020
Business, Technology, Fuel, Logistics

Amazon Buys 1,800 Electric Mercedes Vans in Latest Green Effort

Amazon .com Inc. is buying 1,800 electric delivery vans from Daimler AG’s Mercedes-Benz, the retailer’s biggest commitment to date to cut the carbon footprint of its delivery operations in Europe.

Matt Day | Bloomberg News
August 28, 2020
Business, Equipment

Stoughton Hires Two for Key Executive Posts

Stoughton Trailers announced two executive appointments, naming Sue Vanderbilt chief financial officer and Jeremy Sanders chief commercial officer.

August 28, 2020
Government, Business, Technology, Safety, Autonomous

Uber Expands Self-Driving Safety Report After NTSB Slams Culture

Uber Technologies Inc. vowed to make public more safety information regarding its self-driving cars after the National Transportation Safety Board placed partial blame for a fatal 2018 crash on the company’s policies.

Keith Laing | Bloomberg News
August 28, 2020
Business, Technology, Equipment, Fuel, Autonomous

Bollinger Plans All-Electric Delivery Van

Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.

Jerry Hirsch | Contributing Writer
August 28, 2020
Government, Business, Safety

Laura’s Leftovers Move East, Leaving a Disaster in Louisiana

The remnants of Hurricane Laura unleashed heavy rain and twisters hundreds of miles inland from a path of death and mangled buildings along the Gulf Coast, and forecasters warn of new dangers as the tropical weather blows toward the Eastern Seaboard this weekend.

August 28, 2020
Government, Business, Safety, Fuel

Oil Stuck Near $43 as Hurricane Laura Spares US Oil Industry

Oil stayed in its recent tight range after Hurricane Laura swept through the U.S. energy heartland without appearing to inflict major damage on key infrastructure.

Ann Koh and Alex Longley | Bloomberg News
August 28, 2020
Business

Companies That Prioritize Quality Work Can Sustain Disruptions, Survey Finds

Research firm Gartner in a recent survey found that supply chain companies that build and maintain a culture that prioritizes quality work are better positioned to sustain their businesses when major disruptions occur.

Connor D. Wolf | Staff Reporter
August 27, 2020