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.
West Coast Utilities Offer Plan for Charging Stations Along Interstate 5
Several West Coast electric utilities proposed a phased-in approach to electrifying Interstate 5 in an effort to reduce commercial vehicle emissions along the major freight corridor.
Tesla Pitches 5,000 ‘Middle-Skill’ Factory Jobs to Texas County
Executives from Tesla Inc. will use an unassuming job-type description in their pitch to a Texas county on the merits of the carmaker’s Cybertruck plant project.
May Tonnage Falls 9.6% Year-Over-Year
Truck tonnage in May declined 9.6% compared with year-ago levels, the steepest seasonally adjusted year-over-year percentage drop since a 10.7% decline in June 2009, American Trucking Associations reported.
Amazon’s Carbon Footprint Grows 15% Despite Green Pledges
Amazon said June 23 that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the environment.
Electric Car Charging Stations Are Finally About to Take Off
It may be the coronavirus pandemic that finally breaks the stalemate.
Advocates of Hydrogen Fuel Are Primed for Global Markets
The CEO of Nel ASA, a Norwegian company founded in 1927 and the largest manufacturer of electrolyzer technology that produces hydrogen from water, said Nel is ready to “cut and paste” its manufacturing approach in locations around the world as interest in the alternative fuel climbs.
Diesel Rises 2.2¢ to $2.425 as Demand Begins to Increase
The national average retail price of diesel rose for the third consecutive week, 2.2 cents to $2.425 a gallon, according to data the Energy Information Administration released June 22.
Drivers Use Apps, Social Media to Stay Connected With Family, Friends
Truck drivers use modern mobile technology to stay connected with friends and family, which is especially important for longhaul truck drivers, who sometimes spend weeks at a time on the road.
DOJ Defends Autos Probe Ahead of House Inquiry on Enforcement
The U.S. Justice Department denied politics played a role in its decision last year to open an antitrust investigation of four automakers that reached an agreement with California on fuel-efficiency standards.
US Rejects Additional Flights Sought by Chinese Airlines
U.S. officials rejected additional flights proposed by Chinese airlines but said they would reconsider if the Beijing government adjusts its policies affecting American passenger carriers.