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, Safety

American Air to Book Jets to Capacity, Shelve Social Distancing

American Airlines Group Inc. said it would sell flights to capacity starting July 1, abandoning caps on passenger loads that were designed to promote social distancing amid the coronavirus pandemic.

Mary Schlangenstein | Bloomberg News
June 26, 2020
Business, Technology, Equipment

Volvo Redesigns VAH Model for Auto Haulers

Volvo Trucks North America announced the rollout of the Volvo Auto Hauler, a specialized solution for the auto transport industry that completes the design overhaul of the VTNA product portfolio.

June 26, 2020
Business

TravelCenters to Open First California TA Express

TravelCenters of America signed a franchise agreement with CSG Petroleum to open its first TA Express in California, the company announced June 23.

June 26, 2020
Government, Business, Technology, Fuel

CARB Approves Its Electric Truck Regulation

California environmental regulators approved a measure that within a few years will require truck manufacturers to transition a percentage of their sales in the state from diesel trucks to electric zero-emission vehicles.

Eric Miller | Senior Reporter
June 26, 2020
Government, Business, Safety

ASCE Issues C- Grade for Rhode Island’s Infrastructure

Rhode Island’s infrastructure is at a C- grade level, the American Society of Civil Engineers declared in its report card chronicling the state’s networks.

Eugene Mulero | Senior Reporter
June 26, 2020
Business, Technology, Autonomous

Amazon Buys Driverless Startup Zoox, Cites Ride-Hailing Prowess

Amazon.com Inc. is buying autonomous vehicle startup Zoox Inc., a move that could help the company create a formidable opponent to ride-hailing and food-delivery companies.

Molly Schuetz | Bloomberg News
June 26, 2020
Business, Technology, Equipment, Safety, Autonomous

Kenworth Adds OnGuardACTIVE Option to T880, W990 Models

Kenworth Truck Co. now offers the Wabco OnGuardACTIVE as an option for the Kenworth T880 and W990 models.

June 26, 2020
Government, Business

Consumer Spending Up 8.2%, Partly Erasing Record Plunge

American consumers increased their spending by a record 8.2% in May, partly erasing record plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter.

Martin Crutsinger | Associated Press
June 26, 2020
Government, Business, Safety, Logistics

Meat Shortages Reopen Costly Path to Small US Slaughterhouses

When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck.

June 26, 2020
Business, Technology, Equipment, Autonomous

Ford Unveils Updated F-150, Adds Hybrid Model

Ford Motor Co. has unveiled the updated version of its flagship F-150 pickup, revealing a truck almost identical in size with the previous model but with far more technology.

Jerry Hirsch | Contributing Writer
June 26, 2020