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, Technology, Safety

Tesla Reopens California Plant, Says It Has Alameda County’s Approval

Tesla Inc. told employees that a California county health official has now signed off on safety measures the company took last week at its car plant as it restarted production in defiance of the area’s shutdown order.

Josh Eidelson | Bloomberg News
May 18, 2020
Government, Business, Technology, Safety

Groups Propose Tweaks to FEMA Infrastructure Resilience Guidance

Stakeholders largely supportive of a new disaster mitigation program at the Federal Emergency Management Agency call for tweaking aspects of its proposed guidance.

Eugene Mulero | Senior Reporter
May 18, 2020
Business, Technology

DTNA Launches E-Commerce Platform to Replace Pinnacle Parts

Daimler Trucks North America announced the launch of Excelerator, its next-generation e-commerce platform to streamline the parts-ordering process that included input from more than 40 dealer partners to its design.

May 18, 2020
Business, Technology, Autonomous

Uber Cuts 3,000 More Jobs, Closes Offices Amid Pandemic Revamp

Uber Technologies Inc. eliminated an additional 3,000 jobs May 18, is closing dozens of offices worldwide and is shutting down many side projects in an effort to weather the coronavirus pandemic that has devastated the ride-hailing business.

Lizette Chapman | Bloomberg News
May 18, 2020
Business, Equipment

US Trailer Orders Hit 30-Year Low in April

U.S. trailer orders in April fell to a 30-year low amid severe recessionary pressures, FTR reported.

Roger Gilroy | Senior Reporter
May 18, 2020
Business, Technology, Logistics, Top 50, Top 100

FedEx, Microsoft Join Forces for Package Shipping

FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping customers with early warnings of delays from weather, traffic and other mishaps, giving the courier and the software maker another weapon as each competes with Amazon .com Inc.

Thomas Black and Dina Bass | Bloomberg News
May 18, 2020
Government, Business, Fuel

Chinese Oil Demand Is Almost Back to Pre-Virus Crisis Levels

Chinese oil demand is all but back to levels last seen before Beijing imposed a national lockdown to fight the coronavirus outbreak, according to people with inside knowledge of the country’s energy industry.

May 18, 2020
Government, Business

Stocks Rise With Weak Data Set Aside; Oil Jumps

U.S. stocks rose as traders looked past trade jitters and weak economic data. Treasuries fell. Oil jumped.

May 15, 2020
Government, Business, Logistics

Slump at US Ports Continues in April

The slump at the nation’s ports continued in April as 20-foot-equivalent container (TEU) volumes were down, in some cases by double digits when compared with 2019.

Dan Ronan | Senior Reporter
May 15, 2020
Government, Business, Safety

California Agency Approves $17.4 Billion for Highway Projects

The California Transportation Commission recently approved $17.4 billion to support about 900 projects outlined in the State Highway Operation and Protection Program.

Eleanor Lamb | Staff Reporter
May 15, 2020