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, Technology, Fuel

EPA Pollution Limits Aim to Boost US Electric Vehicle Sales

WASHINGTON — The Biden administration is proposing strict new automobile pollution limits that would require as many as two-thirds of new vehicles sold in the U.S. to be electric by 2032.

Matthew Daly and Tom Krisher | Associated Press
April 12, 2023
Business, Technology, Equipment, Fuel, TCA

Ford to Transform Ontario Plant Into EV Factory

Ford Motor Co. is investing $1.3 billion to transform its Oakville Assembly Plant in Ontario, Canada, to assemble multiple electric vehicles and battery packs.

Breana Noble | The Detroit News
April 11, 2023
Government, Business, Safety

Leverage Is Key to Winning Accident Litigation, Lawyer Says

MINNEAPOLIS — A winning strategy for a trucking company in any accident litigation often centers on gaining leverage on a plaintiff’s attorney early on, according to a trucking attorney.

Eric Miller | Senior Reporter
April 11, 2023
Government, Business, Technology, Equipment, Fuel

Poll: Most Americans Aren’t Sold on EV for Next Vehicle

WASHINGTON — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents.

April 11, 2023
Government, Business, Technology, Equipment, Safety

Drug Expert Weighs In on Safety of Alcohol Versus Marijuana

MINNEAPOLIS — To drug expert Todd Simo, the statement that the use of marijuana is just like alcohol, but safer, isn’t exactly accurate.

Eric Miller | Senior Reporter
April 11, 2023
Business, Equipment, Logistics

Boeing Overtakes Airbus in Plane Deliveries

Boeing Co. delivered more jets in a single quarter than its archrival Airbus SE for the first time since mid-2018.

Julie Johnson | Bloomberg News
April 11, 2023
Business, Private

Albertsons Eyes Higher Wages, Tougher Consumer Backdrop

Albertsons Cos. is anticipating higher labor costs and “a more difficult consumer environment” in a new sign of caution from big U.S. retailers.

Brendan Case | Bloomberg News
April 11, 2023
Business, Equipment, Safety

Vetting Drivers Can Minimize Lawsuit Exposure

MINNEAPOLIS — Failing to ensure that truck drivers meet regulatory and safety qualification requirements can haunt motor carriers in accident litigation, two transportation attorneys say.

Eric Miller | Senior Reporter
April 11, 2023
Government, Business, Technology, Fuel

EPA Car Rule to Push Huge Increase in EV Sales, Reports Say

WASHINGTON — The Biden administration will propose strict new automobile pollution limits this week that would require at least 54% of new vehicles sold in the U.S. to be electric by 2030.  

Tom Krisher and Matthew Daly | Associated Press
April 11, 2023
Business, Technology, Equipment

FleetPride Names Kevin Weadick CEO

FleetPride has appointed Kevin Weadick as its newest CEO, the heavy-duty aftermarket parts distributor announced April 10.

April 10, 2023