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, Technology, Fuel

DOE Selects Four Winners in Hydrogen Contest

The U.S. Department of Energy announced the winners of a competition aimed at graduate students and awarded cash prizes to four teams that separately developed new tools that characterized business cases for hydrogen in “user-defined scenarios.”

Roger Gilroy | Senior Reporter
June 21, 2022
Government, Business, Technology, Safety, Logistics

US House Transportation Panel Passes FEMA Bill

The House transportation panel recently approved legislation meant to facilitate access to federal disaster assistance.

Eugene Mulero | Senior Reporter
June 21, 2022
Government, Business, Technology, Logistics, Autonomous

FAA Approves Zipline’s Drone-Delivery Service as Air Carrier

Zipline International Inc., a drone-delivery company that has made thousands of medical drops in Africa, was approved by U.S. regulators to operate as a small air carrier.

June 21, 2022
Business, Technology, Equipment, Safety, Logistics

How Trucking’s Adoption of Telematics Has Forever Changed Fleet Management

New developments in fleet monitoring and telecommunications during the past few decades have significantly altered how fleets track and manage their drivers and mobile assets.

Gregory Van Tighem | Special to Transport Topics
June 21, 2022
Business, Technology, Logistics, Private

Amazon Names New Head for Troubled Retail Business

Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.

June 21, 2022
Government, Business, Technology, Safety

Biden Administration Prepares Trucking Workforce Programs Focusing on Women, Younger Drivers

In the $1 trillion Infrastructure Investment and Jobs Act, which was signed into law Nov. 15, there were provisions to address the lack of women and younger drivers in the trucking workforce.

Eugene Mulero | Senior Reporter
June 21, 2022
Government, Business, Technology, Safety, Autonomous

Autonomous Truck Developers Must Address Technical Concerns

ORLANDO, Fla. — Autonomous truck developers are making steady progress toward commercialization, but these companies and their future fleet customers will need to address a variety of technical issues and other operational concerns to integrate this technology into the freight transportation industry.

Seth Clevenger | Managing Editor, Features and Multimedia
June 21, 2022
Business, Technology, Equipment, Fuel, Logistics, For-Hire

FedEx Takes Delivery of 150 BrightDrop EVs

FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.

June 21, 2022
Government, Business, Equipment, Fuel

California Democrats to Investigate Cause of High Gas Prices

SACRAMENTO, Calif. — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on June 20 announced they would investigate oil companies they say are “abusing a historic situation to suck profits from Californians’ wallets.”

Adam Beam | Associated Press
June 21, 2022
Government, Business, Logistics, Breaking News

Tonnage Jumps 3.7% in May

Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.

Dan Ronan | Senior Reporter
June 21, 2022