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.
Rihm Kenworth Adds Minnesota Facility
Rihm Kenworth announced it opened a 28,000-square-foot full-service and leasing facility in Mankato, Minn.
January 3, 2020Secretary Elaine Chao to Headline TRB’s Annual Luncheon
Secretary Elaine Chao, the country’s top transportation officer, is scheduled to deliver keynote remarks at the Transportation Research Board’s annual meeting chair’s luncheon Jan. 15.
Rising Product Returns Put Pressure on Retailers to Optimize Reverse Logistics
As online shopping continues to increase, so, too, are product returns. To help meet this rising demand for reverse logistics, transportation providers are adding services to simplify product returns for shippers and consumers while also increasing efficiency.
Manufacturing Activity Falls to Lowest Level in Decade
WASHINGTON — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year’s global economic slowdown.
Orbcomm Partners With Samsung Electronics
Transportation technology company Orbcomm Inc. has teamed with Samsung Electronics America to add fleet management capabilities to Samsung tablets, Orbcomm said in a news release.
January 3, 2020As Port Ships Become L.A.’s Biggest Polluters, California Could Force a Cleanup
Ships visiting Southern California’s bustling ports are poised to become the region’s largest source of smog-causing pollutants in coming years, one reason state regulators want to reduce emissions from thousands more of them.
Trillium Expands CNG Fueling Network
Trillium, a provider of alternative fuels systems and renewable fuels, is adding two public compressed natural gas fueling stations to its California network that will be accessible by heavy-duty vehicles operating in the state’s central valley.
January 3, 2020Oil Price Jumps on Fear of Iranian Retaliation Against US
LONDON — The price of oil surged Jan. 3 as global investors were gripped with uncertainty over the potential repercussions after the United States killed Iran’s top general.
Three Crashes, Three Deaths Raise Questions About Tesla’s Autopilot
DETROIT — Three crashes involving Teslas that killed three people have increased scrutiny of the company’s Autopilot driving system just months before CEO Elon Musk has planned to put fully self-driving cars on the streets.
U-Haul Won’t Hire Nicotine Users in 21 States
NEW YORK — U-Haul said that it won’t hire nicotine users in the 21 states where it is legal to do so, saying that it wants to ensure a “healthier workforce.”
January 3, 2020