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.
Tesla 2019 Sales Hit Goals, Rise Over 50% From Previous Year
DETROIT — Tesla Inc.’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.
January 3, 2020ATA’s Chris Spear Praises USMCA Movement, Urges Final Passage in Congress
Congressional movement on the U.S.-Mexico-Canada Agreement was a good year-end victory for the trucking and freight industry that set the stage for growth in 2020, according to American Trucking Associations President Chris Spear.
Illinois’ Vehicle Manufacturing Future to be Shaped in Three Cities
From electric trucks and startups to international megamergers, the state of the fast-evolving auto industry in Illinois comes down to a tale of three cities: Normal, Belvidere and Chicago.
J.B. Hunt Acquires RDI Last Mile
J.B. Hunt Transport Services Inc. acquired the assets of RDI Last Mile Co. on Dec. 31, marking the company’s latest purchase of a final-mile service.
Next Four Months Could Make or Break Michigan Road Aid Deal
LANSING, Mich. — If Gov. Gretchen Whitmer wants to “fix the damn roads” during the 2020 election year, she’ll have to quickly find consensus with Republican lawmakers, say political operatives who’ve worked on transportation funding.
Truck Orders to Plunge, GDP to Fall Lower, Diesel Prices to Rise in 2020
California DMV OKs Light-Duty Autonomous Delivery Vehicles
California has authorized the testing and commercial use of light-duty autonomous delivery vehicles on public roads.
Japan Officials Silent Over Ghosn Escape
Since news emerged on New Year’s Eve that fallen auto titan Carlos Ghosn skipped bail and fled the country, Japanese Prime Minister Shinzo Abe has been camped out in a luxury Tokyo hotel, sharing meals with family, hitting the gym and even playing golf.
January 2, 2020Trump Says China Trade Signing Set for Jan. 15
President Donald Trump said he will sign the first phase of a trade deal with China on Jan. 15, sealing an agreement that sees the Asian nation raising purchases of American farm goods in exchange for lower tariffs on some of its products. The date has yet to be confirmed by the Chinese side.
Impeachment, Infrastructure, HOS to Dominate 2020
With the threat of an impeachment trial looming in 2020, the Trump White House challenged congressional leaders to instead shift their focus to issues confronting the country in the year ahead — including some that matter a great deal to the trucking industry.