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, Autonomous

Congressional Transportation Policymakers Push AV Tech Bill

Two leading proponents in Congress for the establishment of a national regulatory framework for autonomous vehicles recently expressed optimism about the eventual passage of their legislation.

Eugene Mulero | Senior Reporter
March 30, 2022
Government, Business, Safety

Two More Plead Guilty to Staged Accidents in New Orleans

Two New Orleans women have pleaded guilty in separate conspiracy schemes to stage accidents — one involving a tractor-trailer and the other a bus.

Eric Miller | Senior Reporter
March 30, 2022
Business, Technology, Logistics

GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed

GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.

Chris Dolmetsch | Bloomberg News
March 30, 2022
Business, Technology, Autonomous

Waymo to Expand Autonomous Vehicle Rides in San Francisco

Waymo’s self-driving ride-hailing service is branching out to San Francisco, carrying employees in electric Jaguar I-Pace SUVs without human backup drivers.

March 30, 2022
Government, Business

Companies Added 455,000 Jobs in March, ADP Reports

Employment growth at U.S. companies in March advanced strongly, indicating higher wages are helping firms fill a near-record number of vacancies.

Emma Kinery | Bloomberg News
March 30, 2022
Business, Technology, Equipment, Autonomous

Tesla Dodges Nickel Crisis With Secret Deal to Get Supplies

The invasion of Ukraine has added to agita among electric vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia is one of the world’s biggest producers.

March 30, 2022
Business, Technology, Fuel

Nikola Announces ENGS to Finance Trucks, Dealer Activities

Nikola Corp. and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles.

March 30, 2022
Business, Technology, Safety, Logistics, Autonomous, Top 100

FedEx Partners With Elroy Air to Test Pilotless Package Drone

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

Thomas Black | Bloomberg News
March 30, 2022
Business, Top 100

Penske Truck Leasing Expands in Tampa

Penske Truck Leasing announced it opened a new facility in Tampa, Fla., to upgrade the service it provides to existing customers in the area, as well as the ability to add new customers.

March 30, 2022
Business, Technology, Equipment

Maersk Plans to Deploy 300 Electric Trucks in North America by 2025

A.P. Moller-Maersk is building out its electric heavy-duty truck fleet with two announcements involving Einride and BYD, and, separately, Volvo Trucks North America.

Roger Gilroy | Senior Reporter
March 30, 2022