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.
Oil’s Drop to Eight-Week Low Tempered by WHO Decision, Stock Draw
Though oil slid to an eight-week low, the drop was tempered by an unexpected decline in U.S. crude inventories and as the World Health Organization opted against declaring the virus a global health emergency.
Electronic Braking Systems Expected to Gain Traction
After two decades of use in Europe, electronic braking systems will make significant inroads in the North American commercial vehicle market in the coming years to support the development of driver-assist technology and electric trucks, some industry experts said.
Suppliers Invest in Industry’s Future Despite Market Slowdown
On the heels of a booming 2018, truck manufacturers and their key Tier 1 suppliers powered through a slower equipment market in 2019, continuing to invest in new products and preparing for a future when tightening emission standards and the electrification of trucks will provide both challenges and opportunities.
VW’s Herbert Diess Confident He Can Catch Tesla in Electric Car Race
Volkswagen AG CEO Herbert Diess is preparing to muscle Elon Musk out of the electric-car lead.
Amtrak’s $2.1B Acela Upgrade May Miss 2021 Planned Start
Amtrak’s $2.1 billion upgrade to its high-speed Acela rail service between Washington and Boston may miss a planned start of paid customer service in 2021, according to the railroad’s internal watchdog.
CARB Ahead of EPA in Bid to Establish NOx Rule for Heavy Trucks
More than a year ago, U.S. Environmental Protection Agency officials announced the agency’s Cleaner Trucks Initiative, an effort to work closely with the California Air Resources Board to develop a more stringent “harmonized” nitrogen oxide-emissions rule for heavy trucks.
AAA: Electric Vehicles Are Looking More Appealing to Consumers
Electric vehicles are becoming more economically competitive with their gas-fueled counterparts and people are feeling less “range anxiety” about how far they can get on a charge, according to new research by AAA.
Heartland Express Reports Q4 Revenue Up While Net Income Dips
Heartland Express Inc. announced Jan. 23 that net income for the fourth quarter of 2019 declined while revenue increased.
Most Ports Post Strong 2019 Despite Trump Tariffs
As the nation’s major ports add up the number of 20-foot-containers processed at their facilities in 2019, the numbers either slightly exceeded or came close to breaking 2018’s record-level figures, despite a year of diminished trade with China because of the Trump administration’s tariffs.
USMCA Passage Applauded by Trucking
The U.S. Senate recently passed a major new trade deal in a move that is spurring optimism throughout the trucking industry.