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.

Government, Business, Fuel

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.

Jim Stinson | Staff Reporter
January 27, 2020
Government, Business, Equipment, Safety

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.

Eric Miller | Senior Reporter
January 27, 2020
Business, Technology

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.

Gabrielle Coppola | Bloomberg News
January 27, 2020
Business

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.

Michael Bellusci | Bloomberg News
January 27, 2020
Government, Business, Technology

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.

Eleanor Lamb | Staff Reporter
January 27, 2020
Business, Equipment

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, 2020
Government, Business

Honda, 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, 2020
Business

GM 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.

David Welch | Bloomberg News
January 27, 2020
Business, Technology, Logistics

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.

Jim Stinson | Staff Reporter
January 27, 2020
Government, Business, TCA

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.

Sergio Chapa | Houston Chronicle
January 27, 2020