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.
BMW Hopes to Ride the Wave of Hydrogen Trucking Stations
BMW AG is hoping to piggyback on future hydrogen fueling stations for trucks to help solve the protracted issue of building an expensive infrastructure network for cars powered by the alternative fuel.
Closing Arguments in Tesla Trial Keep Musk Center Stage
Elon Musk’s lawyer told a jury the Tesla Inc. chief executive officer has been “falsely accused” of defrauding investors and argued that the billionaire is not a “fire-breathing tweeting monster.”
Carriers Hoping to See Relief After Years of Insurance Premium Increases
Carriers have weathered years of insurance premium increases and may see slight relief in 2023, but insurance providers continue to face inflation, economic pressures and larger verdicts in both average loss and nuclear verdicts.
January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs
The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.
Treasury Expands Tax Credits to More Electric SUVs
WASHINGTON — The Treasury Department said Feb. 3 it is making more electric vehicles eligible for tax credits of up to $7,500 under new vehicle classification definitions.
ArcBest Reports Earnings Decline, Revenue Gain for Q4
ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.
GM’s Self-Driving Expansion Faces Challenges in San Francisco
General Motors-owned Cruise is working to expand its paid service to all of San Francisco and run it 24 hours a day.
Iowa Extends Overweight Limits for Agricultural Transport
Iowa Gov. Kim Reynolds has extended through Feb. 19 the harvest time proclamation for weight limits and the transportation of grain, fertilizer and manure.
Ready for the Future
However different and complex these issues that face the truckling industry may be, there’s one common thread that ties many of them together: the known unknown.
Nissan Technicians Can Vote on Union, NLRB Rules
A group of around 86 Nissan North America Inc. technicians at a Tennessee manufacturing plant can vote on unionization, the U.S. labor board ruled.