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, Safety

Senators Spotlight Veterans in New CDL Bill

Legislation designed to guarantee approval of veterans benefits without delay at certain commercial driving schools was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
September 20, 2022
Business, Logistics, Breaking News

Truck Tonnage in August Surges 7.4% Year-Over-Year

Truck tonnage in August surged 7.4% when measured against the same month a year ago, and on a sequential basis it rose 2.8% from July, according to American Trucking Associations.

Dan Ronan | Senior Reporter
September 20, 2022
Government, Business, Fuel

Nikola Execs Threatened to Quit If Trevor Milton Didn’t Step Down

Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker’s founder, Trevor Milton, didn’t step down as executive chairman, according to a filing in the federal fraud case against him.

September 20, 2022
Government, Business, Technology, Equipment, Safety, Fuel

Fisker, Wallbox Partner on EV Charging Stations

Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.

September 20, 2022
Business, Technology, Logistics, Private, TCA

Amazon Signs Deal to Bring Low-Carbon Fuels to Trucking Fleet

SEATTLE — Amazon .com Inc. signed an agreement with renewable fuels technology company Infinium on Sept. 20 to begin powering its transport vehicles with ultra-low carbon electrofuels starting in 2023.

dpa | Hamburg, Germany
September 20, 2022
Business, Technology, Equipment

Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast

DEARBORN, Mich. — A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

September 20, 2022
Business, Technology, Equipment, Fuel, Autonomous

Daum Stresses Green Technology, Collaboration

HANOVER, Germany — Daimler Truck CEO Martin Daum said his company is pursuing a clean-energy strategy built around electric and fuel cell technology, setting aside natural gas as a component of the plan.

Joe Howard | Executive Editor
September 20, 2022
Government, Business, Logistics

California Ports Face Calls to Go Green After ‘Unmitigated Growth’

After years of “unmitigated growth,” the nation’s busiest port complex is facing calls to lower its carbon footprint from Southern California communities plagued by the health and environmental impacts, said Long Beach Mayor Robert Garcia.

Sarah McGregor | Bloomberg News
September 20, 2022
Business, Technology, Equipment, Fuel, Autonomous

Batteries Battle Fuel Cells for Top Spot for Electric Trucks

Nikola President Michael Lohscheller was beaming when he unveiled the U.S. startup’s fuel cell truck for the European market at the region’s biggest commercial vehicle show this week.

September 20, 2022
Government, Business, Fuel

Winter in Europe Looms as Next Challenge for Energy Availability

CHICAGO — Two former White House officials say the world’s supply chain has experienced unprecedented disruption the last 2½ years because of the COVID-19 pandemic.

Dan Ronan | Senior Reporter
September 19, 2022