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.
Trump, Automakers Face New Pressure Not to Ease Mileage Rules
Environmentalists and consumer advocacy groups are castigating automakers for supporting the Trump administration’s effort to relax fuel economy standards, amid fresh warnings from a Democratic leader that the plan won’t deliver promised safety benefits and will raise costs for consumers.
Democrats Urge Extension of Public Comment Period on NEPA Update
The Trump administration’s proposal to streamline the environmental permitting process for infrastructure projects deserves a comment period of at least half a year, more than 100 congressional Democrats insisted in a recent letter to the Council on Environmental Quality.
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
GM to Spend $3.5B in Michigan Under Revised Tax Credit Deal
Michigan on Jan. 22 agreed to revise decadelong tax breaks for General Motors in exchange for the company’s commitment to spend at least $3.5 billion more over 10 years.
Mike Bloomberg Releases Infrastructure Plan
Mike Bloomberg is the latest presidential candidate to release an infrastructure investment plan.
Moody’s Lowers Toyota Credit Outlook on Industry Challenges
Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry.
Boeing 737 Max Production Will Resume in the Spring, Says New CEO
David Calhoun also said he believes passengers will fly on the Max when federal regulators say it is safe and they see airline pilots getting on the plane.
Dupré Logistics, Hoyer Group Team to Create Hoyer Bulk
A pair of recent deals are reshaping the structure of companies that serve the energy and bulk-hauling sectors in North America.
FedEx Ground Begins FedEx Home Delivery on Sundays
FedEx Ground has launched year-round Sunday deliveries for its residential FedEx Home Delivery service for the majority of the U.S. population, according to parent company FedEx Corp.
Port of L.A. Chief Gene Seroka Warns of Damage From Trade War
In his annual State of the Port address Jan. 16, Port of Los Angeles Executive Director Gene Seroka cautioned that using tariffs to punish rival trading partners may be “the new normal.”