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, Equipment

Appeals Court Upholds Trump’s 25% Steel Import Tariffs

President Donald Trump acted within his authority when he imposed a 25% tariff on certain steel imports effective March 2018, a U.S. appeals court ruled Feb. 28.

Susan Decker | Bloomberg News
February 28, 2020
Business, Technology, Equipment, Fuel, Autonomous, Top 50

Deutsche Post Scraps Its Electric Delivery Van Built With Ford

Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.

Richard Weiss | Bloomberg News
February 28, 2020
Government, Business

Geneva Auto Show Canceled as Switzerland Bans Large Events

GENEVA — The Geneva auto show was canceled after the Swiss government put an immediate ban Feb. 28 on all public and private events involving more than 1,000 people in order to halt the spread of the new coronavirus.

Jamey Keaten and Frank Jordans | Associated Press
February 28, 2020
Government, Business

Consumer Spending Slowed in January While Incomes Jumped

WASHINGTON — Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly before the threat of coronavirus arose.

Christopher Rugaber | Associated Press
February 28, 2020
Business, Technology, Safety, Autonomous

Einride to Hire Autonomous Truck Operators in Sweden, US

Swedish technology company Einride on Feb. 27 announced plans to hire two autonomous truck operators over the next year.

Connor D. Wolf | Staff Reporter
February 27, 2020
Business, Logistics

Walmart Developing a Membership Program to Rival Amazon Prime

Walmart, the world’s largest retailer, is developing a paid membership program to challenge internet giant Amazon Prime's offering. It will be called Walmart+.

Matthew Boyle | Bloomberg News
February 27, 2020
Business, Technology

E-Smart Adds Features to Active Speed-Management System

ATLANTA — E-Smart is expanding the fleet-management capabilities available for its intelligent speed-management system as the business moves forward as a stand-alone company.

Seth Clevenger | Managing Editor, Features and Multimedia
February 27, 2020
Government, Business, Technology, Safety, Autonomous, TCA

California OKs Passengers for GM’s Cruise Autonomous Vehicle Test

Cruise, the autonomous-vehicle unit of General Motors Co., has been cleared to carry passengers in California.

Keith Laing | Bloomberg News
February 27, 2020
Business

TMC Presents Awards to Industry Leaders at Annual Meeting

ATLANTA — The Technology & Maintenance Council of American Trucking Associations recognized several industry leaders and professionals with awards for their service on Feb. 26 during the council’s 2020 annual meeting.

Seth Clevenger | Managing Editor, Features and Multimedia
February 27, 2020
Business, Technology, Equipment, Safety, Autonomous

Connected Vehicle Experts Discuss OEM Role, Safety

ATLANTA — Original equipment manufacturers have an important role to play in the adoption of connected vehicle technology, according to Chris Lee, vice president of engineering at Great Dane Trailers.

Eleanor Lamb | Staff Reporter
February 27, 2020