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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.