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.
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, 2019Tesla 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.
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.
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.
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
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, 2019Suppliers’ 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.
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.
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.
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.