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.
VW Unveils New Logo, Affordable Electric Cars
Volkswagen AG is unwrapping not just new models at the Frankfurt auto show, but a tweaked logo as the world’s biggest carmaker ushers in the electric era.
KeepTruckin Unveils Two New Tech Offerings
KeepTruckin, a fleet management company, released two new technological devices to bolster operations.
September 9, 2019Congress Kicks Off Fall Quarter Amid Growing Traffic Woes Nationwide
Hawaii ranked 47th among states in a recent survey of highway performance, surpassing only Rhode Island, Alaska and New Jersey. Among metropolitan centers, Honolulu is part of a long list that of cities that endures chronic traffic congestion. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
Perspective: A Blueprint to Attract Younger Drivers
As Congress and the FMCSA weigh programs to put young drivers on the road, now is the perfect time to consider how the trucking industry can use intrinsic rewards and technology to attract recruits.
Michigan Lawmakers Ready to Act on Budget — Without Road Deal
Republican leaders in Michigan’s Senate and House of Representatives are prepared to proceed with a budget, albeit one that doesn’t include a deal to secure funding for the state’s crumbling roads.
Uber Freight Opens HQ in Chicago With Expansive Plans
Uber Freight, the load-matching business unit of Uber Technologies Inc., announced it has opened its new headquarters in Chicago and plans to hire 2,000 employees over the next three years to handle engineering operations, sales and account management for its operations here and overseas.
Gas Plants Will Be Made Obsolete by Wind, Solar, Study Says
Natural gas-fired power plants, which have crushed the economics of coal, are on the path to being undercut themselves by renewable power and big batteries, a study found.
Nissan CEO Ousted Over Pay Scandal
Nissan Motor Co. CEO Hiroto Saikawa will step down over a scandal involving inflated stock-linked bonuses, deepening the turmoil that’s enveloped the Japanese automaker since the arrest of former Chairman Carlos Ghosn.
Chinese Auto Giant Invests in Flying-Car Startup Volocopter
Billionaire Li Shufu’s Zhejiang Geely Holding Group agreed to invest in flying-car developer Volocopter GmbH as the Chinese auto giant diversifies into technologies that eventually could supplant the traditional gas guzzler.
September 9, 2019Allison Acquires Key Suppliers
Allison Transmission Holdings Inc., the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced it acquired the assets and certain liabilities of Walker Die Casting, Lewisburg, Tenn., and C&R Tool and Engineering, Muscle Shoals, Ala.
September 9, 2019