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.

Business, Technology

Uber Tests Letting Some California Drivers Set Their Own Fares

The feature is being tested across some airport routes “to preserve flexible work” for California drivers, a spokesman said.

Lizette Chapman | Bloomberg News
January 22, 2020
Business, Technology, Fuel

Phillips 66, REG Halt Development of West Coast Renewable Diesel Plant

Refiner Phillips 66 and Renewable Energy Group Inc. announced they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Wash., citing permitting uncertainties.

Roger Gilroy | Senior Reporter
January 22, 2020
Government, Business, Perspective

Perspective: An Unexpectedly Good Job Market

With labor market data for the 2010s behind us after the employment report released earlier this month, the big takeaway for the decade is that a much higher level of employment was possible without generating inflation.

Conor Sen | Bloomberg Opinion
January 22, 2020
Business, Technology, Autonomous

GM’s Cruise Unveils New Robotaxi Concept

The service still being developed by GM’s Cruise subsidiary will rely on a boxy, electric-powered vehicle called “Origin” that was unveiled late Jan. 21 in San Francisco amid much fanfare.

Michael Liedtke | Associated Press
January 22, 2020
Business, Technology, TCA

Amazon, DHL Among Founding Members of New Electric Vehicle Coalition

Amazon and DHL are initial members of a new industry group set up to help companies electrify their vehicle fleets and support policies that enable electrification.

Benjamin Romano | The Seattle Times
January 22, 2020
Government, Business, Technology

Mnuchin Leverages Auto Tariff Threats Against Digital Taxes

U.S. Treasury Secretary Steven Mnuchin dangled the prospect of retaliatory tariffs on automobile imports if an issue with France's technology companies tax isn't resolved.

January 22, 2020
Business, Safety

Toyota, Honda Recall 6 Million Vehicles for Faulty Air Bags

The Toyota recall concerns air bags that may not inflate; the Honda recall covers air bags that may hurl shrapnel at drivers and passengers.

Tom Krisher | Associated Press
January 22, 2020
Business, Technology, Equipment

Daimler Tests Whether Household Waste Can Be Used in Car Parts

Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.

Alisa Odenheimer | Bloomberg News
January 22, 2020
Business, Logistics

Mark-It Express Logistics Acquires Spirit Trucking

Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.

Connor D. Wolf | Staff Reporter
January 21, 2020
Business

David Parker, Trucking Professional, Marine and Attorney, Dies at 80

David Robert Parker, 80, of Boulder, Colo., died Jan. 16, after a yearlong battle with brain cancer, according to his family. He was a longtime trucking executive and civic leader within American Trucking Associations.

Jim Stinson | Staff Reporter
January 21, 2020