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.
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.
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.
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, 2019Trade 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, 2019Indonesian 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.
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.
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, 2019EPA 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.
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.
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.