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.
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.
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.
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.
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.
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, 2020Truckers 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.
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.
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.
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.
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.