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.
Average Diesel Price Falls 2.7¢ to $3.01 Per Gallon
The U.S. average retail price of diesel fell 2.7 cents to $3.01 a gallon, the Department of Energy reported Jan. 27.
International Roadcheck Set for May 5-7 by CVSA
The high-volume, high-visibility International Roadcheck event will take place May 5-7, the Commercial Vehicle Safety Alliance announced Jan. 27.
China’s Karma Automotive Plans to Enter Electric Truck, SUV Fray
The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.
Energy Stocks Slump Again on China Virus Fears
Energy stocks have quickly reverted to being among 2020’s worst performers as fears increase that China’s deadly coronavirus will hit oil demand.
Campaign to Address Transportation Management and Operations Workforce Development
The National Operations Center of Excellence launched a workforce development campaign geared toward professionals in the transportation systems management and operations field.
Vipar Network Gains Indiana Parts Shop
Vipar Heavy Duty has expanded its network of partner shops with the addition of Rowe Truck Equipment, the company announced Jan. 24.
January 27, 2020Honda, Others Evacuate Workers as Coronavirus Takes Its Toll on Industry
Global companies including Honda Motor Co. and Groupe PSA are evacuating workers from areas of China hardest hit by a deadly viral outbreak.
January 27, 2020GM Confirms Detroit Plant Going All-Electric Next Year
General Motors Co. affirmed plans to build electric pickups and SUVs at its Detroit-Hamtramck plant and scheduled the start of production for late next year.
C.H. Robinson Launches Incubator Robinson Labs
C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.
Opponents of Texas Port LNG Terminals Inch Closer to Lawsuit
Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit to halt the projects after losing requests to have permit decisions reconsidered.