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, Autonomous, Top 100

Walmart Recruits Robots in Online Grocery Battle With Amazon

Walmart has unveiled the Alphabot, an automated, 20,000-square-foot warehouse that could make its grocery pickup service faster and more efficient.

Matthew Boyle | Bloomberg News
January 8, 2020
Business, Technology, Equipment, Fuel

NACFE: Fuel Efficiency Up 15% From 2009 to 2018

The average fleetwide fuel economy of trucks that participated in the North American Council for Freight Efficiency’s annual study increased 15% from 6.27 miles per gallon in 2009 to 7.27 mpg in 2018.

Dan Ronan | Senior Reporter
January 8, 2020
Business, Technology, Equipment, Safety

Meritor Sees Equipment Downturn Coming After Prosperous 2019

Commercial vehicle equipment supplier Meritor Inc. forecast North American Class 8 production is primed for a steep decline in 2020 on the heels of last year’s exceptional market, the strongest in 13 years.

Roger Gilroy | Senior Reporter
January 8, 2020
Business, Logistics, TCA

Ohio Career Center Expands Trucking Classes to Meet Growing Job Needs

Butler Tech’s popular commercial trucking program is expanding to Clermont County in Ohio as part of a recently announced expansion of its truck driver training program.

Michael D. Clark | Journal-News (Hamilton, Ohio)
January 8, 2020
Government, Business

Survey: US Companies Added 202,000 Jobs in December

BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey.

Josh Boak | The Associated Press
January 8, 2020
Government, Business, Technology, Equipment, Safety

Takata Recall of 10 Million Inflators Could Be Last of Air Bag Saga

DETROIT — Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel.

Tom Krisher | Associated Press
January 8, 2020
Government, Business, Fuel

Oil Rally Cools as Iranian Strike Causes No US Casualties

Oil’s rally faded as the U.S. said Iranian airstrikes on military bases in Iraq didn’t cause any casualties, reinforcing speculation that Tehran is opting for limited retaliation over the killing of a top general.

Sharon Cho and Grant Smith | Bloomberg News
January 8, 2020
Business

Carlos Ghosn Goes on Offensive in First Appearance Since Escape

Carlos Ghosn went on the attack against Japan’s criminal justice system less than two weeks after becoming the world’s most famous fugitive with a daring escape to Lebanon.

January 8, 2020
Business, Equipment

Florida Is Top U-Haul Destination in Sign of Surging Migration

Florida topped the nation in net arrivals of U-Haul trucks in 2019, providing more evidence of the rapid migration that’s fueling economic gains there.

Jonathan Levin | Bloomberg News
January 8, 2020
Government, Business, Top 100

Ruling That Awarded Walmart Drivers $54 Million Stands, Appeals Court Says

A three-judge panel of the 9th U.S. Circuit Court of Appeals has affirmed a district court’s judgment that Walmart pay a court-certified class of its California truck drivers more than $54 million in back pay for layovers, rest breaks and pre-trip and post-trip inspections.

Eric Miller | Senior Reporter
January 7, 2020