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.
Blackstone Acquires Stake in Cloverleaf
Warehousing and distribution firms are beginning to attract more interest from investors as demand for storage space nationwide heats up and competition intensifies among smaller players.
November 28, 2017FAA Warns of Drone Collision Risks With Airplanes
The millions of small civilian drones plying the nation’s skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the Federal Aviation Administration concluded.
Mack Trucks Prevails in Mark Fidrych Wrongful Death Suit
WORCESTER, Mass. — The state Supreme Judicial Court has upheld rulings in favor of the truck manufacturer and the maker of a piece of truck equipment in a wrongful death suit filed by the widow of Northboro pitching star Mark Fidrych.
November 28, 2017Senate Passes Tax Reform Bill
WASHINGTON — Congressional Republicans came closer to delivering for President Donald Trump his first major legislative achievement Dec. 2 when the Senate advanced a tax reform bill, 51 to 49, along party lines.
Uber-Waymo Trial Delayed Again Following Allegations of Rogue Conduct at Uber
An Uber Technologies Inc. whistleblower made explosive allegations that a company team stole trade secrets to gain an edge over rivals, prompting a judge to further delay the ride-hailing company’s trial with Waymo.
Tesla Reveals Price Range for Electric Semi
Tesla Inc. said the expected price for its all-electric Class 8 truck will range from $150,000 to $200,000.
November 28, 2017Trucking Company Owner Charged With Paying Off Texas Trooper for Inspection Stickers
A second man has been charged in connection with an alleged bribery scheme involving state troopers and a Dallas trucking company, according to federal court documents.
Former Pilot Flying J Trainee Told to 'Get Your Mind Comfortable' With Fraud
CHATTANOOGA, Tenn. — Jason Holland was new to the art of defrauding trucking companies when he attended a training session on it inside the Knoxville headquarters of the nation’s largest diesel fuel retailer, and he was uneasy, recordings showed.
Democrats Pull Out of Trump Meeting After He Says Deal to Avoid Shutdown Is Unlikely
The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump Nov. 28 after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.
Mercedes Plans More Drone Deliveries After 100 Perfect Flights
Mercedes-Benz, conducting the biggest test using drones to ship everyday items such as ground coffee and cellphones, said the mini-aircraft completed 100 drop-offs to strategically placed vans in Zurich with a perfect safety record, and more deliveries are planned for next year.