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, Equipment, Autonomous, TCA

GM’s Detroit-Hamtramck Assembly Poised to Begin Electric Transformation

The last Chevrolet Impala will roll down the line next week at Detroit-Hamtramck Assembly, making way for the plant’s next phase: electric vehicles.

Kalea Hall | The Detroit News
February 19, 2020
Business, Technology, Equipment, Fuel, Top 100

NFI Motivated to Move Forward on Electric

CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.

Jerry Hirsch | Contributing Writer
February 19, 2020
Business, Safety

Boeing Inspects 737 Max for Fuel-Tank Debris in New Setback

Boeing Co. is inspecting more than 400 stored 737 Max jets after discovering debris such as tools or rags left in the fuel tanks of several newly built but undelivered aircraft.

Julie Johnsson | Bloomberg News
February 19, 2020
Business, Technology, Equipment, Fuel, Autonomous

Electric Trucks Must Reap Financial and Environmental Benefits, Execs Say

FONTANA, Calif. — The financial case must be just as sound as the environmental argument if electric trucks are to succeed in the marketplace, stakeholders said.

Joe Howard | Executive Editor
February 19, 2020
Business

Top 100 Truck Bottlenecks: 2020 ATRI Ranking Has Familiar Chokepoints

This is one ranking where you probably don't want to repeat as champion, but for the second year in a row, the approach to the George Washington Bridge heading into New York from the New Jersey side of the Hudson River is being cited as the nation's worst truck bottleneck.

Eugene Mulero | Senior Reporter
February 19, 2020
Government, Business, Fuel

Diesel Declines 2¢ a Gallon to $2.89

The price of diesel fuel declined by 2 cents a gallon nationally Feb. 17, according to the U.S. Energy Information Administration.

Connor D. Wolf | Staff Reporter
February 18, 2020
Government, Business, Fuel

Oil Stalls After Rosneft Sanctions Offset Virus-Led Demand Fears

Oil ended the session Feb. 18 flat after U.S. sanctions on Russia’s largest oil producer helped to erase losses driven by lingering concerns that coronavirus will cut demand.

Jackie Davalos | Bloomberg News
February 18, 2020
Government, Business, Technology, Equipment, Safety

Rep. Sam Graves Highlights Push to Streamline Permitting Process

Policies aimed at expediting the permitting process related to big-ticket infrastructure projects would enhance connectivity along freight and commuter networks, Rep. Sam Graves, the top Republican on the House transportation panel, recently indicated.

Eugene Mulero | Senior Reporter
February 18, 2020
Business, Technology, Fuel

Nikola’s Badger Pickup Truck Touts 600-Mile Range

Nikola Corp. announced a plan to build an electric pickup truck called the Nikola Badger with a maximum range of 600 miles at a yet-unnamed truck maker’s manufacturing facilities and with the other truck maker’s certified parts.

Roger Gilroy | Senior Reporter
February 18, 2020
Government, Business

DOT’s Elaine Chao Announces $8.9 Million in Grants for Tribal Nations

Transportation Secretary Elaine Chao recently announced that $8.9 million in grant funding will be dedicated to improving highway safety in tribal lands.

Eleanor Lamb | Staff Reporter
February 18, 2020