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.
Survey: Businesses Added Just 67,000 Jobs in November
WASHINGTON — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month.
Trump Asks Court to Toss California Auto Emissions Lawsuit
President Donald Trump’s administration asked a federal judge to throw out California’s lawsuit seeking to preserve its power to regulate tailpipe greenhouse gas emissions, saying Washington has the last word in setting fuel economy standards.
Tunnel Planned for California Bullet Train Under Burbank Airport
The complexity of building a bullet train through Southern California’s urban maze is leading state officials to consider two major additions: a tunnel under the Burbank airport and a project that would help a freight railroad expand its switching yards in the Inland Empire.
Perspective: Augmented Reality as a Training Tool
The emerging technology of augmented reality is becoming more viable for fleets that want to recruit and retain technicians.
CN Rail Downgrades Financial Outlook as Result of Strike
Canadian National Railway is making a quick recovery from the eight-day strike by 3,200 Teamsters Canada Rail Conference conductors and yard crews, according to the Montreal-based railroad.
Billionaires Investing in China’s Electric Cars Face Shakeout
Some of China’s wealthiest tycoons steered billions of dollars into electric car companies to fuel the country’s dreams of becoming a leader in the field. Now a reckoning may be looming as car sales slow and the government reduces subsidies for the nascent industry.
December 3, 2019Nikola Battery-Electric Truck Slated for Europe in 2021
Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE.
What Happens to Markets if US Tariffs on China Kick in Dec. 15
President Donald Trump’s latest missives on trade are a wake-up call to markets close to record highs that a major deadline is looming with China.
Diesel Inches Up 0.4¢ to $3.07 Per Gallon
The U.S. average retail price of diesel rose 0.4 cent to $3.07 a gallon, the Department of Energy reported Dec. 2.
Advantage Reinvests in Capital City Trucking
Advantage Capital announced a $3.37 million investment in Richland, Miss.-based Capital City Trucking.
December 2, 2019