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

KKW Trucking to Become Employee-Owned

KKW Trucking Inc. and its affiliates have finalized the paperwork and will become a 100% employee-owned company through its newly created employee stock ownership plan, the Pomona, Calif., company announced Nov. 20.

November 21, 2019
Business, Logistics, Top 50, TCA

Integrity Express Logistics Expands Tampa Office

TAMPA, Fla. — Integrity Express Logistics plans to add 50 or more employees earning an average of at least $60,165 a year as part of an expansion of its Tampa regional office.

Richard Danielson | Tampa Bay Times (St. Petersburg, Fla.)
November 21, 2019
Business

UAW President Gary Jones Steps Down as GM Sues Rival Alleging Union Bribery

DETROIT — United Auto Workers President Gary Jones abruptly resigned Nov. 20, capping a tumultuous day that saw union leaders move to oust him and General Motors accusing rival Fiat Chrysler in a lawsuit of bribing union officials to get more favorable contract terms from UAW.

Tom Krisher | Associated Press
November 21, 2019
Business, Technology, Fuel, Autonomous

Selling a Truck to Detroit’s Loyal Owners May Be Tesla’s Toughest Challenge Yet

Tesla CEO Elon Musk debuts Cybertruck with lots of competition from Detroit.

Dana Hull | Bloomberg News
November 21, 2019
Government, Business, Technology, Fuel

Cummins, Daimler Trucks Prepare to Fight Climate Change

Independent engine maker Cummins Inc. along with Daimler Trucks & Buses, global corporations at the center of the U.S. commercial vehicle industry, are accelerating efforts to combat climate change with their products and at their plants.

Roger Gilroy | Senior Reporter
November 21, 2019
Government, Business, Technology, Autonomous

Senate Panel Says NHTSA Lax on Autonomous Regulation

WASHINGTON — The nation’s road-safety regulator is under fire again for what critics call lax oversight of tests involving autonomous vehicles.

November 21, 2019
Government, Business, Technology, Equipment, Safety, Autonomous

Congressional Policymakers Drafting Autonomous Vehicles Bill

WASHINGTON — Long-awaited legislation that would set a federal regulatory framework for automated vehicles is being drafted by transportation leaders in Congress, the chairman of the Senate panel with jurisdiction over freight affairs confirmed Nov. 20.

Eugene Mulero | Senior Reporter
November 20, 2019
Government, Business, Technology, Equipment, Fuel

Trucking Must Contemplate Alternative Energy, Shell Officials Say

COLLEGE STATION, Texas — With the Earth's population projected to eclipse 9 billion by 2050, speakers at a Shell Rotella fleet symposium Nov. 13 said that means the pressure is on for trucking executives.

Joe Antoshak | Staff Writer
November 20, 2019
Government, Business, Technology

Automakers Stand to Lose Airwaves Rights as FCC Drops a Promise

Federal Communications Commission Chairman Ajit Pai proposed reassigning airwaves long promised to automakers and instead allow other wireless uses on the frequencies.

Todd Shields and Ryan Beene | Bloomberg News
November 20, 2019
Business

GM Sues Fiat Chrysler, Alleging Union Bribes

DETROIT — General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair business advantage by bribing officials of the United Auto Workers union.

Tom Krisher | Associated Press
November 20, 2019