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.
Tesla Set to Bulk Up the World’s Largest Lithium-Ion Battery
The world’s biggest lithium-ion battery is about to get even bigger, with Tesla Inc. set to beef up capacity at the Hornsdale site in South Australia.
Diesel Climbs 0.1¢ to $3.074 a Gallon
The U.S. average retail price of diesel rose 0.1 cent to $3.074 a gallon, the Department of Energy reported Nov. 18.
Juno, Once Billed as the ‘Anti-Uber,’ Shuts Down in New York
Ride-booking startup Juno once billed itself as the “anti-Uber”— a kinder, gentler way to get a ride. It’s now closing down its New York-based operations, and inviting customers to join Lyft Inc.
CN Rail Threatened by Disruption With Teamsters Poised to Strike
Canadian National Railway Co. faces disruption as more than 3,000 workers at the country’s largest railroad threaten to strike just after midnight over safety issues and health benefits.
Strike Possible as UAW Opens Talks With Fiat Chrysler
DETROIT — The United Auto Workers union has begun to focus bargaining on Fiat Chrysler, raising the possibility of another strike against a Detroit automaker.
Highway Safety Group Says 803 Unbelted Rear-Seat Passengers Died in 2018
DETROIT — More than 800 rear-seat passengers who weren’t wearing seat belts were killed last year in U.S. traffic crashes, and a highway safety group says states aren’t making enough progress in getting people to buckle up.
November 18, 2019Connecticut Officials Weigh Toll Costs, Benefits
While local and state officials stress the need for transportation infrastructure improvements, they also have concerns and questions about the governor’s plan for tolls.
Daimler Rolls Back Autonomous Taxi Plan, Focuses on Trucks
Daimler chairman Ola Kaellenius recently announced that the company was taking a “reality check” on autonomous taxis and focusing on self-driving longhaul trucks instead.
With Electric Cars, Lubricants Industry’s Future Is Fuzzy
The $146 billion lubricants industry is at risk of suffering the same fate as Kodak, thanks to the rise of electric vehicles.
Atlanta Mayor Announces Leader, Plan for City’s DOT
Atlanta Mayor Keisha Lance Bottoms has announced a commissioner and a comprehensive plan for her city’s transportation department.