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

New York to Ban Sale of Gas Cars by 2035

New York Gov. Kathy Hochul on Sept. 29 announced that the state will follow California in requiring all new vehicles sold by 2035 be zero-emission, setting in motion the regulatory process to implement a law she signed last year.

Kira Bindrim | Bloomberg News
September 29, 2022
Business, Technology, Equipment, Fuel

Toyota’s CEO Says EV Adoption Will Take Longer Than Expected

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

Keith Naughton | Bloomberg News
September 29, 2022
Government, Business, Safety, Logistics

Ian Triggers Port, Rail Closures, Straining Supply Chain

Major ports and rail facilities across the U.S. Southeast have halted operations as one of the strongest hurricanes to ever hit the country advances as a tropical storm, causing disruptions along the way and resulting in another blow for already strained supply chains.

September 29, 2022
Government, Business, Safety

Many Trapped in Florida as Ian Heads to South Carolina

PUNTA GORDA, Fla. — Rescue crews piloted boats and waded through flooded streets Sept. 29 to save thousands of Floridians trapped after Hurricane Ian destroyed homes and businesses and left millions in the dark.

Adriana Gomez-Licon | Associated Press
September 29, 2022
Business, Technology

The Digital Transformation: Understanding how unprecedented insights are quickly changing the way fleets operate

Program Airs: September 29, 2022. You hear terms like Digital Transformation, Data Science, and Deep Learning every day, but do you really understand what they mean? In this webinar, you’ll learn how these techniques are used to transcend traditional business processes and customer experiences and become equipped with simple concepts to elevate your fleet’s operations.

September 29, 2022
Business, Equipment, Fuel

Foxconn Starts EV Production in US With First Lordstown Pickups

Taiwan’s Foxconn Technology Group has started building electric vehicles for Lordstown Motors Corp., a milestone as the company better known for making iPhones diversifies its operations.

Sean O'Kane | Bloomberg News
September 29, 2022
Business, Safety

2.7 Million Without Power as Ian Drenches Florida

PUNTA GORDA, Fla. — Hurricane Ian destroyed a cross-section of Florida, trapping people in flooded homes, forcing patients from nursing homes and hospitals, cutting off a popular barrier island and obliterating a historic waterfront pier. Nearly 2.7 million people lost power as rain fell and waters rose.

Curt Anderson | Associated Press
September 29, 2022
Business, Technology

VTNA Taps Nuss as Its First EV Dealer in Midwest

Volvo Trucks North America announced Nuss Truck & Equipment as its first certified EV dealer in the Midwest to assist fleets across both Minnesota and Wisconsin with their electromobility transition.

September 29, 2022
Business, Technology, Private

Walmart Opens First in Series of Next-Gen Fulfillment Centers

Walmart Inc. announced a 1.1 million-square-foot next-generation fulfillment center in Joliet, Ill.

September 29, 2022
Business, Technology, Autonomous

Autonomous Trucking Startup Waabi Hires Dustin Koehl to Lead Transport Operations

Self-driving truck developer Waabi has hired trucking executive Dustin Koehl as its head of transportation as the technology startup ramps up its operations.

Seth Clevenger | Managing Editor, Features and Multimedia
September 29, 2022