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.
US Probes Four Automakers in New Takata Air Bag Recall
DETROIT — The U.S. government’s highway safety agency has launched an investigation into four automakers that have a potentially deadly type of Takata air bag inflator in their vehicles but have yet to recall them.
Canadian Crude-by-Rail Shipments to Surge, Spurring Investment
Canadian shipments of crude by rail are poised to surge next year, spurring investment in new export infrastructure.
Amazon’s Van-Buying Spree Delivers a Gift to Auto Industry
The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too.
US Home Sales Tumbled 1.7% in November
WASHINGTON — Home-buying slumped in November, with some Americans priced out of the market by rising prices or constrained by a shortage of sales listings.
CARB Board Hears Public Comment on Plan for Electric Truck Future
Just when will heavy-duty electric trucks be ready for prime time, and when will motor carriers purchase them?
Trump Rebuffs Corn Farmers With Status Quo on Biofuels
The Trump administration on Dec. 19 set relatively flat quotas for plant-based fuels in 2020, rebuffing ethanol and biodiesel allies who said the targets don’t do enough to support the industry.
US Jobless Claims Slide but Miss Forecasts for Bigger Drop
Filings for U.S. unemployment benefits fell last week by the most since February but missed forecasts for a larger drop, potentially reflecting lingering seasonal-adjustment issues stemming from the late Thanksgiving holiday this year.
Jobs, Stocks Boost Consumers’ Outlook on Economy
American consumers are more upbeat about the economy than at any time in more than a year against a backdrop of steady job gains and record stock prices.
Rush Crowns Champs, First Female Winner at Annual Technician Skills Competition
SAN ANTONIO — Rebecca Chewning’s bid for recognition at last year’s Rush Enterprises Tech Skills Rodeo sputtered in the first round, but her experience was not at all the same this year in her second time in the competition.
After Century of Automaking, Last GM Truck Rolls Off Canada Line
After more than a century and 20 million autos built, the General Motors Co. plant in Oshawa, Ontario, will make its last vehicle Dec. 18 when a final pickup truck rolls off the line.