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, Fuel

Midwest US Ethanol Push Seen to Lift Gas Costs

Motorists in the Midwest U.S. could expect to pay more for gasoline under a fuel policy shift demanded by governors in the region, with a new refining industry-commissioned analysis outlining larger-than-expected impacts of the change.

Jennifer A. Dlouhy | Bloomberg News
February 15, 2023
Business, Equipment, Fuel

Kenworth Celebrates 100 Years in Business

Kenworth Truck Co. kicked off its yearlong celebration marking a century since Harry Kent and Edgar Worthington founded the truck manufacturer on Jan. 26, 1923, in Seattle.

Connor D. Wolf | Staff Reporter
February 15, 2023
Government, Business

Retail Sales Jump in January, Defying Inflation and Rate Hikes

WASHINGTON — America’s consumers rebounded in January from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years.

Christopher Rugaber | Associated Press
February 15, 2023
Government, Business, Technology

Tesla Will Make Some EV Chargers Available to All

WASHINGTON — Electric car giant Tesla will make some of its charging stations available to all U.S. electric vehicles by the end of next year, under a new plan announced Feb. 15 by the White House.

Matthew Daly | Associated Press
February 15, 2023
Business, Technology, Equipment

January Classes 4-7 Retail Sales Surpass Year-Ago Period

U.S. retail sales for medium-duty trucks experienced a 3.8% increase year-over-year in January, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
February 15, 2023
Government, Business, Equipment, Safety

Florida Seeks Reforms for Insurance Litigation, Frivolous Lawsuits

Florida lawmakers are readying a series of reforms aimed at frivolous lawsuits that target trucking companies and other small businesses in the state.

Noël Fletcher | Staff Reporter
February 15, 2023
Government, Business, Safety

FMCSA Proposes Changes to Its Motor Carrier Safety Measurement System

The Federal Motor Carrier Safety Administration has announced it won’t adopt a complex data collection method recommended in 2017 by a special National Academy of Sciences academic panel to calculate safety scores for motor carriers.

Eric Miller | Senior Reporter
February 14, 2023
Business, Technology

New York Tesla Workers Launch Campaign to Organize Union

NEW YORK — Tesla workers at a factory in New York are launching a campaign to organize a union.

Michelle Chapman | Associated Press
February 14, 2023
Government, Business, Safety

Rhode Island DOT Seeks Appeal on Truck Tolling Case

The Rhode Island Department of Transportation is seeking an appeal of a federal court’s ruling that its trucks-only tolling program is unconstitutional.

Eric Miller | Senior Reporter
February 14, 2023
Government, Business, Technology, Safety, Autonomous

Senators Press FCC on Transportation Spectrum Use

Senior senators recently urged the Federal Communications Commission to approve limited access to a frequency band of spectrum for transportation operations.

Eugene Mulero | Senior Reporter
February 14, 2023