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.
Volvo to Share Fleet Performance Tool With Dealers
TT Senior Reporter Roger Gilroy recaps Volvo's announcement at TMC 2020 that it will share an internal tool for reviewing fleet operational performance with dealers.
February 26, 2020Amazon Merchants Spooked by Coronavirus Fallout Curtail Ad Spending
Amazon merchants are shifting sales tactics in the face of shortages caused by effects of the coronavirus.
Trump to Pare Biofuel Waivers for Oil Refineries on Court Ruling
The Trump administration has decided to pare exemptions for oil refineries from U.S. requirements to use biofuels in response to a federal court ruling last month, according to two people familiar with the matter.
BP Quits Three Oil Lobby Groups on Differing Climate Policy
BP Plc will leave three U.S. oil-industry lobby groups due to differences on climate policy, after the company’s new chief pledged to eliminate its greenhouse gas emissions by 2050.
NACFE Begins Three-Year Program to Discover Best Routes for Electric Trucks
The North American Council for Freight Efficiency announced at 2020 TMC that it is beginning a three-year program to identify what it calls “high-potential” regional routes that are well-suited to running electric trucks. Dan Ronan, Transport Topics associate news editor of print and multimedia, reports.
February 26, 2020New-Home Sales Climbed 7.9% in January
WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
Jacobs Looks to Cylinder Deactivation to Reduce Emissions
ATLANTA — Jacobs Vehicle Systems has completed testing of its cylinder deactivation technology with a third-party laboratory funded by the Environmental Protection Agency, the company announced Feb. 25.
Volvo to Share Fleet Performance Details With Dealers
ATLANTA — Volvo Trucks North America has developed an internal tool called Expert Analysis for reviewing fleet operational performance and will put it in the hands of dealers and some customers later this year.
More Fleets Move Toward Freight Matching
The trucking industry is seeing an increased shift toward freight-matching platforms as some major fleets become the latest users.
Panasonic Scraps Solar Panels Partnership With Tesla
TOKYO — Panasonic is pulling out of its partnership with Tesla to produce solar panels at a factory in New York state, the Japanese electronics maker said Feb. 26.
February 26, 2020