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.
Feds Review Musk Tweet About Disabling Driver Monitoring
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
Gasoline Prices Set to Rise if Corn Belt States Win Fuel Fight
Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol.
CES Attendees Focus on Customer Meetings, Transportation Technology Partnerships
LAS VEGAS — CES 2023 served as a prime opportunity for transportation businesses to meet with their customers and for industry and government officials alike to explore potential partnerships and spark innovation.
Ryder Spotlights Investments in E-Commerce at CES
LAS VEGAS — While many of the exhibits at CES 2023 focused on next-level vehicle technologies, some other companies highlighted their efforts to enhance supply chains in the wake of the COVID-19 pandemic and meet the ever-increasing demand for home delivery of products ordered online.
The Story Behind the Ruan Truck at ATA Headquarters
A shiny red truck nestled by the lobby entrance greets visitors to American Trucking Associations’ new Washington, D.C., headquarters at 80 M Street SE, a glass-lined space that sits across from the U.S. Department of Transportation.
Virginia Announces Deals for Distribution Facility, Plant Expansion
Virginia has unveiled a new economic development plan, boosted by the capture of a $61.6 million deal to establish an East Coast distribution facility and a $9 million plant expansion near two freight corridors.
Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020
A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.
Advances in Autonomous Trucking Stand Out at CES
LAS VEGAS — Advances in the development of autonomous trucks highlighted a heavy focus on commercial vehicles and supply chain technologies at CES 2023.
December Class 8 Orders Add to Short String of Year-Over-Year Gains
North American Class 8 orders in December were 30,300, amplifying a trend of year-over-year gains in 2022 that began in September — the highest-ever month for orders, ACT Research reported.
Hiring Stays Brisk as Employers Add 223,000 Jobs
WASHINGTON — America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy, yet also a sign that the Federal Reserve may still have to raise interest rates aggressively to slow growth and cool inflation.
January 6, 2023