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.
DOT Requests Public Comment on AV 4.0
The Department of Transportation and the White House Office of Science and Technology Policy are inviting public comments on AV 4.0, the latest federal update of autonomous vehicle technology guidelines.
Knight-Swift Sees Profit, Revenue Fall for Q4, Year
Knight-Swift Transportation Holdings Inc. saw earnings and revenue fall in the fourth quarter as it faced greater competition and an oversupply of truckload capacity in its key market.
US Trade Deficit Drops for First Time in Six Years
The U.S. trade deficit fell 1.7% last year to $616.8 billion as President Donald Trump hammered China with import taxes.
U.S. Xpress Appoints Nathan Harwell to Two Executive Posts
Nathan Harwell has joined U.S. Xpress Enterprises Inc. as executive vice president and chief legal officer, the company announced Feb. 4.
February 5, 2020EPA Sets Final Rule for 2021 Biomass-Based Diesel Requirement
The Environmental Protection Agency announced the final rule that sets the biomass-based diesel statutory minimum requirement at 2.43 billion gallons for 2021, the same level as the 2020 requirement.
CARB Chair Chides GM, Toyota for Backing Trump on Fuel Rates
California’s top environmental official criticized General Motors Co. and Toyota Motor Corp. for backing the Trump administration’s attempt to revoke the state’s authority to regulate auto emissions, saying she hoped car companies had learned by now to work with the powerful agency.
YRC Swings to a Loss for Q4 and 2019
YRC Worldwide Inc. posted losses for both the fourth quarter and the year as it was weighed down by the United Auto Workers strike against General Motors Co., facilities closings and weakening freight traffic in its core Midwest market.
Self-Driving Mass Transit Arrives on American Streets
An electric-powered shuttle funded mostly by the federal government will give residents access to services that have slowly vanished from a part of Columbus, Ohio.
CEOs Pivot Business Models to Feature Electrification
GRAPEVINE, Texas — Rick Dauch, CEO of Delphi Technologies, maker of fuel injectors for the light and commercial vehicle sectors, told an audience of aftermarket experts the powertrain space will consolidate very quickly over the next 12 months to five years.
Celadon Might Sell Texas Facility as Bankruptcy Proceedings Continue
According to bankruptcy court documents, P.A.M. Transportation Services Inc. is seeking to purchase a trucking terminal and property in Laredo, Texas, that is owned by Celadon Group.