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.
2019 Illinois Truck Driving Championships
Scenes from the Illinois Truck Driving Championships at Pheasant Run Resort in St. Charles on June 7-8.
June 12, 2019Musk Tells Tesla Shareholders Consumer Demand Not a Problem
Tesla Inc. CEO Elon Musk dismissed concerns about demand for his company’s trademark electric vehicles, telling shareholders at the company’s annual meeting June 11 that sales this quarter could hit record levels.
Walmart’s New Pricing Tool Allows Suppliers to Factor in Cost of Tariffs
Walmart Inc. has updated the information network used daily by its suppliers to let them submit cost increases that are directly attributable to higher U.S. tariffs on Chinese goods.
Bill Krouse Snags Second Minnesota Truck Driving Grand Champion Crown
YRC Freight’s Bill Krouse can add another trophy to his collection in what has become a long and distinguished career.
Platooning Continues to Be Put Under Microscope at Federal Level
ALEXANDRIA, Va. — The effects of truck platooning on the nation’s infrastructure continues to be studied, federal officials told the American Society of Civil Engineers’ International Conference on Transportation and Development here.
FMCSA Seeks Comment on Driver Detention Concerns
The Federal Motor Carrier Safety Administration is seeking information regarding truck driver detention time during periods of loading and unloading.
Utilities Explore Electric Truck Charging Stations Along I-5
Electric utilities in California, Oregon and Washington are jointly exploring a plan for a network of charging stations to be used by eventual battery-electric commercial vehicles traveling Interstate 5, a 1,300-mile commercial corridor along the West Coast.
2019 Michigan Truck Driving Championships
Photos from the 2019 Michigan Truck Driving Championships June 7-8 in Lansing. (Michigan Trucking Association)
June 12, 2019Top Inflation Hot Spots Clustered in California
The Bureau of Labor Statistics reported the national Consumer Price Index for all urban consumers rose 1.8% in May compared with last year, the lowest rate in three months. But the national average masks a wide divergence among metro areas.
Renault Chairman Pledges to Restore ‘Damaged’ Nissan Partnership
Renault SA Chairman Jean-Dominique Senard promised to improve relations with partner Nissan Motor Co., telling shareholders at an annual meeting in Paris that broken trust between the companies is repairable.