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.

Government, Business, Technology

Biggest Battery System Inches N.Y. Toward 100% Green Energy Goal

The biggest battery system in New York is now storing electricity at a technology campus north of Albany to help stabilize the state’s power grid and reduce carbon emissions.

Christopher Martin | Bloomberg News
September 12, 2019
Business, Safety

Catapult Your Way to Safety & Operational Success

You see the headlines, you read the news and wonder … why did that fleet win the award? What are they doing differently than us? These fleets are staying ahead of the competition by continuously testing new ideas and programs, expanding the focus on safety throughout the organization, and successfully managing change -- all the while reaping enviable results. Moderated by: Don Osterberg, industry consultant and former Sr. Vice President of Safety, Security and Driver Training at Schneider National.

September 12, 2019
Business, Logistics

RLS Logistics Opens Cold-Storage Facility in New Jersey

RLS Logistics opened its new food-grade ambient storage facility in Vineland, N.J., according to a Sept. 12 news release.

September 12, 2019
Government, Business

California Passes Bill That May Affect Independent Contractor Status for Truckers

California lawmakers have passed a bill that codifies into law a 2018 state Supreme Court decision that makes it easier for independent contractors to become reclassified as employees of motor carriers.

Eric Miller | Senior Reporter
September 12, 2019
Government, Business, Logistics, TCA

Applications Filed for Major Cargo Projects at Anchorage Airport

Nearly $600 million worth of cargo warehouse and transfer facility developments are proposed at Ted Stevens Anchorage International Airport.

Elwood Brehmer | Alaska Journal of Commerce
September 12, 2019
Government, Business, Technology, Autonomous, TCA

Michigan Gets $7.5 Million to Test Self-Driving Cars

WASHINGTON — The U.S. Department of Transportation is awarding a $7.5 million grant to the City of Detroit, the State of Michigan, the University of Michigan and the American Center for Mobility in Ypsilanti to boost research, development and testing of self-driving cars.

Keith Laing | Bloomberg News
September 12, 2019
Government, Business, Technology, Safety

NHTSA Opens Probe Into Nissan Rogue Automatic Emergency Braking

DETROIT — The U.S. government’s road safety agency is investigating complaints that the automatic emergency braking on the Nissan Rogue can turn on for no apparent reason.

September 12, 2019
Government, Business

European Central Bank Deploys New Stimulus to Help Economy

FRANKFURT, Germany — The European Central Bank delivered a new blast of monetary stimulus Sept. 12 to help the shaky economy in the face of uncertainties such as the U.S.-China trade conflict and Brexit.

David McHugh | Associated Press
September 12, 2019
Business, Technology

Volvo Debuts ‘Dynamic Steering’ in North America

DUBLIN, Va. — Volvo Trucks North America is introducing a steering system on its Class 8 trucks that the company said reduces steering force up to 85%, which it said can reduce driver fatigue and improve road safety.

Joe Howard | Executive Editor
September 12, 2019
Government, Business

Monthly CPI Up 0.3% and 2.4% Over Last Year

The August core consumer price index, which excludes food and energy, rose 0.3% from the prior month and was up 2.4% from a year earlier, a Labor Department report showed Sept. 12.

September 12, 2019