Business

About Business News...

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.

Government, Business

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.

Vince Golle | Bloomberg News
September 6, 2023
Government, Business, Technology, Autonomous, For-Hire

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.

Alan Levin | Bloomberg News
September 6, 2023
Business, Technology, Equipment

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.

Seth Clevenger | Managing Editor, Features and Multimedia
September 6, 2023
Government, Business, Technology

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.

Frank Bajak | Associated Press
September 6, 2023
Business, Technology, Equipment

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.

Dan Ronan | Senior Reporter
September 6, 2023
Government, Business, Fuel

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.

Dan Ronan | Senior Reporter
September 5, 2023
Government, Business

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.

Eric Miller | Senior Reporter
September 5, 2023
Business, Technology, TCA

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.

Zachary Hansen | The Atlanta Journal-Constitution
September 5, 2023
Government, Business, Equipment, Safety

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.

Eric Miller | Senior Reporter
September 5, 2023
Business, Technology, Equipment, Fuel, Autonomous

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.

Seth Clevenger | Managing Editor, Features and Multimedia
September 5, 2023