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

KeepTruckin Gets $149 Million Investment From Greenoaks Capital

KeepTruckin, a fleet-management company specializing in connectivity, secured $149 million in an investment led by Greenoaks Capital, with participation from existing investors IVP, GV, Index Ventures and Scale Venture Partners.

April 29, 2019
Government, Business

Renault-Nissan Set to Enter Auto Elite if Alliance Can Become Merger

A merger between longtime alliance partners Renault SA and Nissan Motor Co. would codify a global automotive pecking order dominated by three megaplayers, putting pressure on everyone else to bulk up or risk being left behind. They just need to find a way to agree.

April 29, 2019
Government, Business

March Consumer Spending Jumps as Core Inflation Eases

U.S. consumer spending rebounded in March while the Federal Reserve’s preferred underlying inflation gauge eased to a one-year low, reinforcing the central bank’s patient stance on interest rates even as the economy’s main engine holds up.

April 29, 2019
Business, Fuel, Logistics, Top 100

Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance

The American Petroleum Institute’s latest heavy-duty engine oil standards, designated CK-4 and FA-4, have been on the market for more than two years, but only CK-4 lubricants have by and large replaced the previous CJ-4 formulation.

Steve Sturgess | Special to Transport Topics
April 29, 2019
Business

Used Class 8 Demand in March Remains Strong

The market for used Class 8s in March continued to butt heads with a lack of inventory amid still-strong demand. Sales slipped, and prices rose.

Roger Gilroy | Senior Reporter
April 26, 2019
Government, Business, Technology

Federal Transportation Policymakers to Visit N.Y.-N.J. ‘Gateway’

An area along the Hudson River in New York and New Jersey will be the site of a field trip federal policymakers have scheduled for the week of April 29 to raise the profile of a tunnel project known colloquially as “Gateway.”

Eugene Mulero | Senior Reporter
April 26, 2019
Business, Technology, Equipment, Fuel

Suppliers Chart Path to Electric Future

Suppliers, service providers and truck makers unveiled alternative fuel-related initiatives in conjunction with the recent Advanced Clean Transportation Expo in Long Beach, Calif.

Roger Gilroy | Senior Reporter
April 26, 2019
Business, Logistics, Top 100

Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says

Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.

Matthew Boyle | Bloomberg News
April 26, 2019
Business, Technology, Fuel

Tesla Delays Production of Semi Truck Until 2020

SAN FRANCISCO — Chief Financial Officer Zachary Kirkhorn hinted on a quarterly earnings call that Tesla will build its new semi starting in 2020 at its factory near Reno, Nev.

April 26, 2019
Government, Business, Safety

Oakland Port Truck Management Plan Nears Final Approval

The Port of Oakland’s West Oakland Truck Management Plan has moved one step closer to final approval.

Eleanor Lamb | Staff Reporter
April 26, 2019