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.

Business, Technology, Autonomous

Tesla Headed for More Than 50% Rally in Just Seven Sessions

Tesla Inc. is headed for its seventh straight session of gains after Credit Suisse upgraded the electric-car company whose stock has been on a tear since its first-quarter delivery report.

Esha Dey | Bloomberg News
April 14, 2020
Government, Business, Fuel

Diesel Sheds 4.1¢ a Gallon to $2.507 as Slide Continues

Diesel fuel prices continued their steady downward slide April 13, according to the Energy Information Administration.

Dan Ronan | Senior Reporter
April 13, 2020
Business, Logistics

Regency Transportation Acquires S&M Transport

Regency Transportation & Distribution has acquired the assets of S&M Transport of Edison, N.J., the company announced April 13.

Connor D. Wolf | Staff Reporter
April 13, 2020
Business, Logistics

Amazon Moves to Stock More Nonessential Items in Warehouses

Amazon .com Inc. will slowly increase the assortment of products that can be shipped to its warehouses this week, easing restrictions instituted in March that prioritized essential goods such as medical supplies, groceries and pet food amid the pandemic.

Spencer Soper and Matt Day | Bloomberg News
April 13, 2020
Government, Business

Mnuchin Rebuffs Airlines, Holds Firm on Repayment for Rescue

Treasury Secretary Steven Mnuchin is not budging on strict repayment guidelines for airlines that want taxpayer aid, according to people familiar with the matter, dashing the industry’s hopes for leniency.

April 13, 2020
Government, Business, Technology, Safety

Truckers Exempt From Utah Traveler Declaration Form

Truck drivers and other travelers representing certain industries have been exempted from Utah Gov. Gary Herbert’s recent executive order requiring people entering the state to complete a travel declaration form.

Eleanor Lamb | Staff Reporter
April 13, 2020
Government, Business

Fear of an Impending Car-Price Collapse Grips Auto Industry

The auto industry — already fretting lengthy factory shutdowns and depressed new-vehicle demand — is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies.

April 13, 2020
Government, Business, Safety, TCA

California Highway Projects Speed Up With Drivers Off Roads

As state and local officials extend stay-at-home orders, road construction crews across California are taking advantage of reduced traffic to speed up projects.

Wes Venteicher | The Sacramento Bee (Sacramento, Calif.)
April 13, 2020
Government, Business, Safety

INDOT Awards $126 Million for Local Infrastructure Projects

The Indiana Department of Transportation and Gov. Eric Holcomb recently announced that local government agencies have received a combined $126.5 million in state matching funds to support infrastructure construction projects.

Eleanor Lamb | Staff Reporter
April 13, 2020
Business, Technology, Logistics

Satellites Are Helping to Track Food Supplies in the Coronavirus Era

As the coronavirus pandemic leads to anxiety over the strength of the world’s food supply chains, everyone from governments to banks is turning to the skies for help.

Anuradha Raghu | Bloomberg News
April 13, 2020