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, Equipment, Safety

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, 2020
Business

Amazon 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.

Spencer Soper | Bloomberg News
February 26, 2020
Government, Business, Fuel

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.

February 26, 2020
Business, Fuel

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.

February 26, 2020
Business, Technology, Safety, Logistics

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, 2020
Government, Business

New-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.

Josh Boak | The Associated Press
February 26, 2020
Business, Technology, Equipment

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.

Roger Gilroy | Senior Reporter
February 26, 2020
Business, Technology, Equipment

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.

Roger Gilroy | Senior Reporter
February 26, 2020
Business, Technology, Logistics

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.

Connor D. Wolf | Staff Reporter
February 26, 2020
Business, Technology, Autonomous

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