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

CVSA Seeks Mileage, Time Limits for Personal Conveyance Guidance

The Commercial Vehicle Safety Alliance has petitioned federal trucking regulators to add a maximum time and/or mileage limit to clarify the definition of personal conveyance use by commercial truck drivers.

Eric Miller | Senior Reporter
April 4, 2022
Business, Technology, Fuel, Logistics, Top 100

J.B. Hunt Launches Clean Transport Program

J.B. Hunt Transport Services Inc. launched a program April 4 to help customers offset the carbon footprint of their supply chain.

April 4, 2022
Business

UPS, Jumia Partner on Deliveries in African Markets

Jumia Technologies AG surged the most in about 20 months after an agreement that will see UPS Inc. use the pan-African e-commerce company’s distribution network to expand on the continent.

Loni Prinsloo | Bloomberg News
April 4, 2022
Business, Equipment

Detroit Expands Service Training Center to Add EV Courses

Daimler Truck North America announced the opening of its expanded Detroit Service Training Center, which will be used to train technicians in electric powertrain service, battery maintenance and full truck repair.

April 4, 2022
Government, Business, Technology

Russia War Could Further Escalate Auto Prices, Shortages

DETROIT — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts.

Tom Krisher and Kelvin Chan | Associated Press
April 4, 2022
Business, Technology, Autonomous

Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues

AUSTIN, Texas — Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2.

April 4, 2022
Business, Technology, Fuel

Hertz Plans EV Fleet Expansion With 65,000 Polestars

Hertz Global Holdings Inc. plans to buy 65,000 electric vehicles from Polestar over the next five years, a bet that its renters are both EV-curious and eager to drive brands beyond Tesla.

Kyle Stock | Bloomberg News
April 4, 2022
Business, Technology, Fuel

Visa, Mastercard to Ease Rules, Allowing Stations to Raise Pump Limit

Visa Inc. and Mastercard Inc. are planning a raft of changes to rules for gas stations to allow larger transactions after a surge in fuel prices across the U.S. made it hard for some drivers to fill up using credit cards.

Jenny Surane | Bloomberg News
April 1, 2022
Business, Top 100

Amazon Workers in NYC Vote to Unionize, a First for Company

NEW YORK — Amazon workers in Staten Island, N.Y., voted to unionize on April 1, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive.

April 1, 2022
Government, Business, Safety

Werner Exempt From New Driver Training Requirement

Federal trucking regulators have granted Werner Enterprises Inc. an exemption to allow a commercial learner permit holder who has successfully passed a commercial driver license skills test to operate a commercial vehicle without having a CDL holder observing from the front passenger seat.

Eric Miller | Senior Reporter
April 1, 2022