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.

Business, Technology

Driving Your Fleet Towards Idle Reduction

Program Airs: September 8, 2022, 2 p.m. ET. Idle time, whether it’s time spent waiting to load or unload a shipment or in a scale house line up, has significant impacts on your fleet operations. It increases the carbon emissions produced by your fleet, quietly consumes your fuel and personnel budgets, reduces operational efficiencies, and creates bottlenecks along your drivers’ routes. According to SmartWay, a partner of the US EPA, if each driver in a 25-truck fleet idled for only two hours, that fleet would burn 40 gallons of diesel each day, at a cost of over $46,000/year. 

September 8, 2022
Government, Business, Technology, Fuel

Nikola Wins Rulings Over Trevor Milton on Brink of Criminal Trial

Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.

Chris Dolmetsch | Bloomberg News
September 8, 2022
Business, Equipment, Safety

ATRI’s Annual Top Industry Issues Survey Underway

The American Transportation Research Institute has launched its annual Top Industry Issues Survey, asking stakeholders to rank their top concerns along with potential strategies for addressing them.

Eric Miller | Senior Reporter
September 8, 2022
Government, Business, Safety, Logistics

FMCSA Wants Input on Extending Its COVID Emergency Declaration

The Federal Motor Carrier Safety Administration is seeking public comment on whether the safety and supply chain benefits of its COVID-19 national emergency declaration merit extending the current declaration after it expires Oct. 15.

Eric Miller | Senior Reporter
September 8, 2022
Business, Technology, Fuel

GM Bets on EVs for the Masses With $30,000 SUV

GM expects to make the electric model of its popular Chevrolet Equinox SUV available for sale in about a year with a $30,000 price tag.

David Welch | Bloomberg News
September 8, 2022
Business, Logistics

Freight Brokers Poised to See Gross-Margin Expansion

Stable spot rates coupled with rising contractual rates could help drive gross-margin expansion for freight brokers, according to experts.

Connor D. Wolf | Staff Reporter
September 8, 2022
Business, Technology, Equipment, Fuel

Mercedes, Rivian Partner on Electric Vans in Cost-Saving Bid

Mercedes-Benz AG and Rivian Automotive Inc. plan to jointly manufacture electric vans in Europe as both companies try to share the rising costs of churning out battery-powered vehicles.

September 8, 2022
Business, Technology, Equipment

Jeep Plans Four Electric SUVs, Including a New ‘Brother’ for the Wrangler

Jeep, the rugged American SUV brand owned by Stellantis NV, is expanding its lineup to meet more-stringent emission rules and catch up to rival automakers.

Gabrielle Coppola | Bloomberg News
September 8, 2022
Business, Technology, Autonomous

First Aerial Delivery Drone Granted Design Approval by FAA

U.S. aviation regulators approved designs for the first flying drone built specifically for shipping packages, a major step forward for the fledgling remote delivery industry.

Alan Levin | Bloomberg News
September 7, 2022
Business, Logistics

XPO Spinoff RXO Announces More Leadership Appointments

Longtime financial executive Jamie Harris will join XPO Logistics Inc.’s soon-to-be spun off brokered transportation platform, RXO, on Sept. 26 as chief financial officer.

September 7, 2022