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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.