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.
Seven Ways the Ocean Cargo Industry Is Pursuing Green Shipping
Some of the world’s most conservative companies are starting to experiment with cleaner fuels and cutting-edge technologies to meet new standards starting next year that mandate steep cuts of sulfur emissions from oceangoing ships.
Manufacturing Production Increases by Most in 10 Months
U.S. factory production expanded in December by the most in 10 months, ending the year stronger than expected thanks to a surge in motor-vehicle output and gains across a range of other goods.
Tesla Cuts Jobs on the Road to Making an Affordable Electric Car
Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Jan. 18 that it must cut 7% of its workforce.
January 18, 2019US Could Soon Pump More Crude Than Saudis Can at Their Peak
Propelled by the shale-oil boom, the U.S. is already producing more crude than either Russia or Saudi Arabia, who until recently vied for the top spot. By midyear America will go one better.
Volvo Group Venture Capital Invests in Wireless Electric Charging
Volvo Group Venture Capital AB, a subsidiary of Volvo Group, announced it has invested an undisclosed amount in Momentum Dynamics Inc., which provides high-power wireless charging systems for the automotive and transportation industries.
J.B. Hunt Reports Mixed Fourth-Quarter Results
J.B. Hunt Transport Services reported mixed results in the fourth quarter of 2018, with a slump in intermodal shipments and charges related to an ongoing arbitration dispute with BNSF Railway overshadowing strong gains in its dedicated contract carriage, freight brokerage and over-the-road trucking businesses.
Editorial: Final-Mile at the Forefront
The Transportation Research Board annual meeting takes a deep dive into topics that touch every aspect of transporting goods and people. This year, discussion of final-mile deliveries was front-and-center.
January 17, 2019EPA’s Andrew Wheeler Gets Mixed Reviews at Confirmation Hearing
Characterizations of Andrew Wheeler’s tenure as acting administrator of the U.S. Environmental Protection Agency fell mostly along party lines during his confirmation hearing to lead the agency
Former White House Infrastructure Guru D.J. Gribbin Still Supports Streamlining
WASHINGTON — D.J. Gribbin, the architect of President Donald Trump’s 2018 infrastructure proposal, touted the administration’s efforts to streamline the federal permitting process for major infrastructure projects.
December Class 8 Sales Cap Fourth-Best Year All-Time
U.S. Class 8 retail sales rose 16.7% to 26,083 in December to cap the fourth-highest sales year ever as fleets replaced older trucks and expanded amid tight capacity, strong freight demand and high rates.