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.
CarriersEdge Adds Courses on Mental Health, Personal Security
CarriersEdge expanded its training library by adding two new courses on mental health and personal security for truck drivers, the company announced Feb. 9.
February 14, 2023Intellistop Owner Takes FMCSA to Court
Federal trucking regulators have received exemption requests from motor carriers looking for long-term authority to deploy a brake-lamp technology with a pulsating bulb feature.
German Court Rejects Greenpeace Lawsuit Against VW
BERLIN — A German court on Feb. 14 rejected a lawsuit by environmental group Greenpeace aiming to force automaker Volkswagen to stop selling vehicles with combustion engines by 2030.
February 14, 2023Global EV Sales Surging, Top $1 Trillion All-Time
Global spending on electric vehicles is surging. According to a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before.
Inflation Slows to 6.4%, but Price Pressures Re-emerge
WASHINGTON — The pace of consumer price increases eased again in January, the latest sign that the high inflation that has gripped Americans for two years is slowing.
Wisconsin Grants $5.3 Million to Ports
Wisconsin has awarded $5.3 million in grants for seven harbor maintenance and improvement projects to enhance its waterborne freight and economic development.
Diesel Falls 9.5¢ to $4.444 a Gallon
The national average price for a gallon of diesel sank by 9.5 cents, reaching $4.444 a gallon, according to data for the week ending Feb. 13 provided by the Energy Information Administration.
February 13, 2023Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL
Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.
February 13, 2023Class 8 Truck Sales Reach 19,932 in January
U.S. Class 8 retail sales in January rose 34.2% year-over-year, Wards Intelligence reported.
Amazon’s Self-Driving Car Shuttles People on Public Roads for First Time
Zoox Inc., the self-driving startup owned by Amazon.com Inc., carried passengers in its fully autonomous vehicle on public roads for the first time.