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.
Regulators Say Railroads Must Examine How They Build Trains
OMAHA, Neb. — Federal regulators said April 7 that railroads need to re-examine how they assemble their trains after a string of derailments in recent years.
Tesla Plans Shanghai Factory for Power Storage, Reports Say
BEIJING — Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported April 9.
April 10, 2023Here’s Why Leasing an EV Is About to Become More Popular
WASHINGTON — Electric vehicle leases are likely to surge beginning April 18, experts say, as new federal restrictions on EV tax credits come into effect.
Cases Pour In Before New Florida Lawsuit Abuse Law Takes Effect
Attorneys filed 80,000 to 100,000 new court cases that could seek damages from businesses a few days before Florida Gov. Ron DeSantis enacted a law to quash lawsuit abuse.
US Adds a Healthy 236,000 Jobs in March
America’s employers added 236,000 jobs in March — 5,700 of them in trucking — suggesting that the economy remains on solid footing despite interest rate hikes designed to tame inflation.
Toyota to Sell 1.5 Million EVs by 2026
Toyota Motor Corp.’s new CEO Koji Sato unveiled the beginnings of a long-awaited plan to electrify the automaker’s vehicle lineup during his first press conference.
New Oil Standard Will Help Fleets
The Environmental Protection Agency's Clean Trucks Plan, to take effect by 2027, is targeting a 75% reduction in nitrogen oxide.
5 Questions With Rig Runner's Jay Rincker
As an experienced technician and director, Jay Rincker shared some of his thoughts about the trucking industry as well as the repair and maintenance sector.
April 7, 2023The Evolution of Tractor-Trailer Connectivity
ATA’s Technology & Maintenance Council is nearing the culmination of a multiyear effort to define the evolutionary direction of tractor-trailer connectivity.
Getting a Lift: Fleets Weigh Lift Equipment
Penske Truck Leasing has a simple strategy for heavy-duty vehicle lifts in its shop network: Mobile is better. It's not alone.