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.
US Trade Deficit Widened by Less than Expected in July
The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.
FAA Clears UPS Drones for Longer Flights
Two more companies including UPS have been granted approval to fly drones beyond the sight of ground operators in a key step that could eventually enable widespread package delivery.
ELeapPower Brings Integrated Inverter to Medium-Duty BEVs
MUNICH — Canadian startup eLeapPower said it is bringing its integrated power electronics to the medium-duty battery-electric truck market in North America.
Carmakers Are Failing the Privacy Test
BOSTON — Cars are getting an “F” in data privacy. Most major manufacturers admit they may be selling your personal information, a new study finds.
Daimler, Cummins and Paccar Partner on EV Battery Plant
Daimler Truck Holding, Accelera by Cummins and Paccar are investing billions in a joint venture to advance battery cell production in the U.S.
Diesel Prices Up 1.7¢ in Seventh Straight Increase
Diesel prices climbed for the seventh week in a row, although the increase was a modest 1.7 cents a gallon nationally.
FMCSA Plans New Study on Detention Time
Federal trucking regulators have announced plans to conduct a study aimed at providing a better understanding of the impact of driver detention time on driver safety and CMV operations.
Rivian Adds Former Porsche Exec as Chief Commercial Officer
Rivian announced Sept. 1 that it has poached former Porsche executive Kjell Gruner to add to its team at a critical juncture for the electric vehicle startup.
FMCSA Plans Study on Vehicle Maintenance Impact on Safety
The Federal Motor Carrier Safety Administration announced a plan to conduct a survey and study that focuses on how vehicle maintenance requirements impact overall motor carrier safety.
Battery Maker Clarios Expands Low-Voltage Systems
Global battery supplier Clarios is expanding its engineering capabilities and developing new technologies to meet the shifting power demands of modern vehicles.