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.
What the New Normal for Trucking Will Be Remains a Question
Trucking companies continue to navigate the coronavirus pandemic, but what the new normal will be remains a mystery.
Booming Business: Pigs Flying to China in 747 Jumbo Jets
The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded.
Tesla’s Elon Musk: ‘Time to Go All Out’ on Semi Production
CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out” and put Tesla’s Semi into volume production.
Ford Sees Plants Resuming Pre-Virus Production Within Weeks
Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.
American Airlines to Put 141 Planes Back in Service to Boost Flights
American Airlines Group Inc. will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than expected amid the coronavirus pandemic.
US Emissions Set for Record Dive With Factories and Cars Idled
Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.
FMCSA Extends, Modifies HOS Emergency Declaration
FMCSA has extended and modified its emergency declaration for motor carriers that are providing direct assistance in support of coronavirus-related relief efforts.
Japanese Carmaker Honda Hit by Cyberattack
Japanese carmaker Honda said June 9 that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained.
FMCSA Extends Pre-Employment Drug Testing Waiver
Federal trucking regulators have extended through Sept. 30 a waiver from certain pre-employment drug testing requirements for truck drivers during the COVID-19 emergency.
Infrastructure Stakeholders Press Senators for Testing, PPE Priority
A coalition that includes freight stakeholders and myriad transportation interests is calling on senators to advance legislation that would prioritize testing for critical infrastructure workers amid the COVID-19 pandemic.