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.
Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW
Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.
FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques
Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units.
Ford Sees $1 Billion Boon From One Truck Plant Transformation
Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and also SUVs. And the automaker said that factory is just the first of many that will pump out more profit.
Infrastructure Policy On Tap When Trump, Pelosi Meet Again
Amid growing pressure from the transportation community, President Donald Trump and House Speaker Nancy Pelosi intend to meet again soon to discuss infrastructure policy.
PepsiCo Shares Climb to Highest on Record
Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.
As Trade Grows, Port of Oakland Gets Shipping Line to Vietnam
Boosted by extraordinary trade growth with Vietnam, the Port of Oakland will offer a direct line to the Southeast Asian nation. Pacific International Lines will operate the service using vessels that can carry up to 11,900 20-foot equivalent units.
Virginia Lawmakers Approve Gov. Ralph Northam’s Funding Plan for I-81
Virginia’s General Assembly has approved Gov. Ralph Northam’s fundraising suggestions for Interstate 81 improvements.
FMCSA, NHTSA Should Study Side Underride Guards, GAO Says
A federal government watchdog study has recommended that federal regulators take steps to collect better data on underride guard crashes and share information with police departments in identifying underride crashes.
Nikola Rolls Out Trucks for Zero-Emissions Future
SCOTTSDALE, Ariz. — Nikola Motor Co. CEO Trevor Milton, 28 months after unveiling a prototype Class 8 sleeper, presented to about 2,000 attendees and a global audience watching online two heavy-duty trucks and three other specialty vehicles he said are ready to spark a zero-emissions future.
Unveiling of Nikola Two, Nikola Tre
Nikola Motor Company showcased five zero-emission products at its Nikola World event in Scottsdale, Ariz., April 16, 2019, including its hydrogen fuel cell Class 8 Nikola Two for long-range driving.
April 17, 2019