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.
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, 2019Integrity 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.
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.
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.
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.
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, 2019Congressional 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.
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.
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.
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.