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, Technology, Autonomous

Robots Displacing Jobs Means 120 Million Workers Need Retraining

More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.

Shelly Hagan | Bloomberg News
September 6, 2019
Business, Technology

Daimler Faces Off With Green Groups In Berlin

Daimler AG’s head of sales, facing off with environmentalists at a heated meeting in Berlin, said the company is investing billions of euros to transform its product range to reach emissions targets.

Andrew Blackman | Bloomberg News
September 6, 2019
Business, Technology, Equipment

VTNA Expands Use of 3D Printing at Truck Plant

Volvo Trucks North America announced it is using 3D printing technology to produce tools and fixtures used in the manufacturing process at its New River Valley plant in Dublin, Va., where all of its trucks for the North American market are built.

September 6, 2019
Government, Business

Trade Deal Before Presidential Election May Suit Beijing

President Donald Trump tweeted this week that any trade deal China might secure from America would get “much tougher” upon his re-election. The insinuation being of course that Beijing should really work something out before November 2020.

September 6, 2019
Business, Fuel

Indonesian Road Test Finds Palm Oil Biofuel ‘Safe’ for Cars

Indonesia said it conducted the world’s longest road test using diesel blended with 30% palm oil, and the results showed that the biofuel is safe for cars.

September 6, 2019
Government, Business

Job Growth Misses Estimates in August With 130,000 Increase

Companies’ hiring stumbled in August, likely cementing expectations for a second straight Federal Reserve interest-rate cut as trade uncertainty and softer global growth weigh on the outlook.

Reade Pickert | Bloomberg News
September 6, 2019
Government, Business, Safety, Logistics

Dorian Makes Landfall on Outer Banks Before Heading Out to Sea

Hurricane Dorian made landfall on the Outer Banks of North Carolina Sept. 6, battering the shore with driving rain and wind as it continues its march north and begins moving away from the U.S. coast.

September 6, 2019
Government, Business, Fuel

EPA Wants to Revoke California Auto Regulation Powers

The Trump administration is preparing a plan to strip California’s authority to set tougher auto efficiency regulations than the federal government, even while agencies continue finalizing a rollback of national standards, according to people familiar with the matter.

Ryan Beene | Bloomberg News
September 5, 2019
Government, Business, Fuel

Diesel Advocates Push for Greater DERA Funding

Federal lawmakers and industry proponents are divided over how much funding should be dedicated to a federal program to reduce emissions and improve clean diesel technology.

Jim Stinson | Staff Reporter
September 5, 2019
Business

2019 Trucking Company Closures So Far Have Doubled All of 2018

More trucking firms have shut down during the first six months of 2019 than in all of 2018, a result of a softer freight market and the broader effects of tariffs on imported goods, a freight market expert said.

Jim Stinson | Staff Reporter
September 5, 2019