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

Tesla Just Delivered Its First China-Built Cars in Shanghai

Tesla Inc. delivered its first China-built cars, a milestone for Elon Musk’s company as it accelerates a push in the world’s largest electric-vehicle market.

December 30, 2019
Business, Technology

Tesla Set to Deliver First China-Built Car in Milestone for Musk

Tesla Inc. will start delivering China-built cars Dec. 30, a major milestone for Elon Musk’s company as it expands in the world’s largest electric-vehicle market.

December 27, 2019
Business, Technology, Perspective

Perspective: Succession Planning for Tech Transitions

Successful business leaders must learn to anticipate, embrace and respond to the innovations around them, says Ben Wiesen of Carrier Logistics Inc. Has your company planned for the turnover of old technology?

Ben Wiesen | President, Carrier Logistics Inc.
December 27, 2019
Government, Business, Technology, Fuel

Turkish Leader Unveils Prototypes of Electric Car

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.

December 27, 2019
Government, Business, Technology, Fuel

Volkswagen Raises Forecast for Electric Car Production

FRANKFURT, Germany — Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.

David McHugh | Associated Press
December 27, 2019
Business, Technology, Autonomous

Uber’s Travis Kalanick to Leave Board to Focus on New Business

Uber Technologies Inc.’s former Chief Executive Officer Travis Kalanick is stepping down from the board, severing his last ties to the company he co-founded a decade ago and helped become one of the world’s most valuable, and controversial, startups.

Lizette Chapman | Bloomberg News
December 27, 2019
Government, Business, Safety, Logistics

FMCSA Increases Random Drug Test Rate to 50% for 2020

The Federal Motor Carrier Safety Administration is increasing the minimum annual percentage rate for random controlled substances testing for truck drivers.

Eleanor Lamb | Staff Reporter
December 27, 2019
Business, Technology, Fuel, TCA

GM, Tesla Head for New Year Without Electric Vehicle Tax Credits

General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit.

Keith Laing | Bloomberg News
December 27, 2019
Government, Business, Logistics

West Coast Ports Slump While East Coast Facilities Weather Tariffs

Several of the nation’s most prominent ports felt the impact of the trade war between the United States and China as 2019 comes to a close, just as the Trump administration struck an initial trade agreement with China that is due to be signed sometime in 2020.

Dan Ronan | Senior Reporter
December 27, 2019
Government, Business, Technology, Equipment, Fuel

Rust Belt Region Banks on Becoming Hub for Electric Vehicles

The day Youngstown’s steel mills began shutting down 40 years ago remains fresh in the minds of those who live in the blue-collar corner of Ohio. Community leaders don’t want the recent closing of General Motors’ massive assembly plant to leave that same lingering gloom.

John Seewer | Associated Press
December 27, 2019