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

Transportation Groups Keep Pressing Congress for COVID-19 Relief

Stakeholders representing the country’s freight and passenger transportation interests have ramped up calls for pandemic-related emergency aid as White House and congressional negotiators appear to have reached an impasse this month.

Eugene Mulero | Senior Reporter
August 13, 2020
Government, Business, Technology, Autonomous

Michigan Plans Dedicated Road Lanes for Autonomous Vehicles

The state of Michigan and some private partners are taking steps toward building or assigning dedicated lanes for automated vehicles on a 40-mile stretch of highway between Detroit and Ann Arbor.

David Eggert and Tom Krisher | Associated Press
August 13, 2020
Business, Technology, Equipment, Safety, Fuel, Logistics, Top 50, Top 100

J.B. Hunt Progresses Toward Sustainability Goals

J.B. Hunt Transport Services has issued a report that provides a window into the company’s current energy usage and outlines a series of corporatewide sustainability goals it has adopted.

Connor D. Wolf | Staff Reporter
August 13, 2020
Government, Business, Fuel

Daimler to Pay $2.2 Billion to Settle US Diesel Issues

Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution.

August 13, 2020
Government, Business, Logistics

Trump Draws Hard Line on USPS in Stalled Relief Talks

President Donald Trump raised a new obstacle in the completion of a deal on a coronavirus-relief package Aug. 13 by drawing a hard line against a Democratic plan for shoring up the U.S. Postal Service, adding his unsupported claim that more mail-in voting in the November election would increase fraud.

August 13, 2020
Business, Equipment

Navistar CEO Persio Lisboa Announces Executive Appointments

Navistar International Corp. announced three executive appointments under the leadership of newly named CEO Persio Lisboa, effective immediately.

Roger Gilroy | Senior Reporter
August 13, 2020
Government, Business, Technology, Logistics

Uber’s Legal Strategy on Driver Fight: Delay, Appeal to Public

Uber Technologies Inc. CEO Dara Khosrowshahi’s warning that the company may have to temporarily shut down in California is textbook strategy for the ride-hailing giant: When adverse court rulings hit, appeal to the public for support and seek to delay regulatory action.

August 13, 2020
Business, Equipment

July Medium-Duty Sales Drop Nearly 20%

July medium-duty truck sales dropped almost 20% compared with a year earlier as only the combined total of the two lightest segments posted a small gain, WardsAuto .com reported.

Roger Gilroy | Senior Reporter
August 13, 2020
Government, Business, Safety

US Jobless Claims Below 1 Million for First Time in Pandemic

The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections.

Katia Dmitrieva | Bloomberg News
August 13, 2020
Government, Business

On the Roads Less Traveled, Speeds Are Up

With emptier roads during the coronavirus pandemic tempting some drivers to pick up the pace, the National Highway Traffic Safety Administration is taking a fresh look at the motivations that compel drivers to speed.

Eric Miller | Senior Reporter
August 12, 2020