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.
Qualcomm Moves Toward Self-Driving Vehicle Tech
SAN DIEGO — After years of supplying Bluetooth and cellular connectivity to automakers, Qualcomm is pivoting toward safety with its new Snapdragon Ride platform, which aims to bring advanced driver assistance features such as automated parking, lane monitoring and highway autopilot to vehicles as soon as 2023.
Trump Proposes Sweeping Rollback of Environmental Oversight
President Donald Trump on Jan. 9 proposed rolling back enforcement of a landmark environmental law — reducing federal oversight of many major projects, from pipelines to commercial development — to speed the approval process.
California Judge Rules Federal Law Exempts NFI From AB 5
A California state judge has ruled that federal law exempts a New Jersey-based motor carrier from a new California law that calls for reclassifying independent contractor truck drivers as company employees.
Kenworth, Peterbilt Exhibit Electric Models at CES
LAS VEGAS — Kenworth Truck Co. and Peterbilt Motors Co. highlighted their investments in commercial vehicle electrification by exhibiting a pair of battery-electric truck models at CES.
Convoy App Now Features Lumper Payment
Digital freight broker Convoy announced the launch of hassle-free lumper payments, available directly in Convoy’s mobile app, calling it an industry-first feature.
Trucking Company New York Express and Logistics to Close
SYRACUSE, N.Y. — New York Express and Logistics is shutting down and laying off its 107 employees after losing a major contract.
Two Federal Studies Say Trade War With China Is Damaging US Economy
Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.
NHTSA Probing Fatal Crash of Tesla, Fire Truck in Indiana
The National Highway Traffic Safety Administration will probe the Dec. 29 fatal crash of a Tesla Inc. vehicle that slammed into a parked fire truck on an Indiana highway, the agency said Jan. 8.
CES Exhibitors Envision Electric, Automated Future for Trucking
LAS VEGAS — Trucking industry innovators presented their visions for the future of freight here at CES 2020, showcasing technologies ranging from electric-powered trucks and automated driving systems to final-mile software and cybersecurity enhancements.
Auto Sales Rebound May Shift Global Growth Focus
Investors should watch out for an impending recovery in global auto sales that will steal the limelight from the semiconductor industry and give some comfort to those expecting the global economy to kick up in 2020.