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.

Government, Business, Logistics

Trump Said to Consider Waiving US Ship Mandate for Natural Gas

President Donald Trump is considering waiving the requirement that only U.S.-flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to sources familiar with the deliberations.

April 24, 2019
Business, Technology

Tesla Reintroduces Lower-Priced Model S After Deliveries Drop

After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.

Jason Clenfield | Bloomberg News
April 24, 2019
Government, Business, Safety

Ohio Safety Agency Petitions FMCSA for Veteran Driver Exemptions

The Ohio Department of Public Safety has requested exemption from certain commercial driver license regulations to open up truck-driving opportunities for veterans.

Eleanor Lamb | Staff Reporter
April 24, 2019
Business, Technology

Caterpillar Tops Estimates, but Investors See ‘Cracks’ in Other Businesses

Impressive results in Caterpillar Inc.’s mining business weren’t enough to assuage investor concerns about the outlook for its other businesses for the rest of the year.

Joe Deaux | Bloomberg News
April 24, 2019
Business, Technology

Ford Partnership With EV Manufacturer Rivian Includes $500 Million Funding

Ford Motor Co. will invest $500 million in Rivian Automotive Inc., aligning the maker of the industry-leading F-Series pickup line with an upstart that’s electrifying gas-guzzling trucks and SUVs

Keith Naughton | Bloomberg News
April 24, 2019
Government, Business, Equipment, Safety, Logistics

ATRI Calls for Operational Cost Data From Fleets

The American Transportation Research Institute is looking for for-hire motor carriers to participate in the annual update to its Operational Costs of Trucking report.

April 24, 2019
Business, Technology, Fuel

Suppliers’ Input Helped Shape Nikola’s Class 8 Vision

SCOTTSDALE, Ariz. — The zero-emissions Class 8 models Nikola Motor Co. designed and is preparing to build reflect more than just a go-it-alone attitude by an entrepreneur with a vision of trucking’s clean future and the necessary infrastructure to support the trucks.

Roger Gilroy | Senior Reporter
April 24, 2019
Business, Technology

Carriers Need to Use Data More Effectively, Experts Say

LONG BEACH, Calif. — Trucking firms are generating massive amounts of data, but they don’t necessarily have the expertise to handle and interpret it, said an expert on connectivity.

Jim Stinson | Staff Reporter
April 24, 2019
Business, Technology, Equipment

Trucking Firms Large and Small Urged to Think Electric

LONG BEACH, Calif. — Regional trucking firms should take a good long look at electric trucks, experts in the industry said.

Jim Stinson | Staff Reporter
April 24, 2019
Government, Business

Trump, Speaker Nancy Pelosi to Discuss Infrastructure Proposals April 30

House Speaker Nancy Pelosi said she plans to meet with President Donald Trump next week to discuss an infrastructure deal, even as she resists calls from some fellow Democrats to initiate impeachment proceedings against him.

Erik Wasson | Bloomberg News
April 24, 2019