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.
Amazon Fresh Opens First Supermarket in Los Angeles
Amazon is soft-launching a new supermarket Aug. 27, with a shopping cart that tallies up items as it enters the basket and enables instant checkout, and Alexa stations throughout the store that can answer questions.
Used Class 8 Sales Decline 16.3% Year-Over-Year in July
Used Class 8 vehicles in July were, on average, younger, cost less and had about the same mileage compared to a year earlier, ACT Research reported.
US Rolls Out Free App for Alerts on Vehicle Recalls
The U.S. government’s road safety agency is offering a smartphone app that will alert drivers if their vehicles are recalled.
August 27, 2020Parties Paint Divergent Picture of Future During Conventions
The presidential conventions painted starkly different pictures of the business and transportation landscapes that the candidates are promising voters come November.
Experts Stress Teamwork in Response to Natural Disasters
As Hurricane Laura was bearing down on the Gulf Coast, disaster preparedness experts discussed how communication and partnerships between the transportation sector and emergency management agencies are vital components of effective responses to natural disasters.
Daimler’s Nielsen Believes Truck Production, Sales Improving
Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020.
Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock
Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.
Climate Change Debate Adds to Busy Fall Congressional Agenda
By recently proposing to reduce emissions, invest in communities and add millions of new jobs, Senate Democrats intend to add climate change to the list of pertinent policy matters before Congress this fall.
VW CEO Backs Bill Gates’ Proposals for Greener Transportation
Volkswagen AG’s CEO encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power.
Waymo Tests Autonomous Trucks in Texas
Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts.