Business
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.
Tesla Defends Autopilot Safety in Response to Senators
Tesla Inc. defended the safety benefits of its Autopilot and Full Self-Driving driver-assist systems in a response to lawmakers who have criticized the company’s marketing of the technology.
Velociti Enhances VeloCare Technology Maintenance Program
ORLANDO, Fla. — Velociti has expanded its VeloCare technology maintenance program with more operational support and new customization and visibility features.
Port of Virginia Attracts Industrial Development
A California industrial real estate developer will begin construction this spring on two facilities totaling almost 1 million square feet near the Hampton Roads port terminals in Virginia.
Aperia Unveils Latest Version of Tire Management Platform
ORLANDO, Fla. — Aperia Technologies unveiled the latest version of its tire management platform March 8 during the Technology & Maintenance Council 2022 Annual Meeting & Transportation Technology Exhibition.
Amazon Stops Sending Products to Russia
Amazon .com Inc. says it has stopped shipping products sold on its retail website to customers based in Russia and cut off access to its video streaming service there.
Toyota Reconsiders Production Plans as Disruptions Grow
Toyota Motor Corp. is reviewing its production plans as mounting global disruptions hinder the automaker’s attempts to boost output.
California County Rejects Exxon Plan to Truck Oil
SANTA MARIA, Calif. — A bid by Exxon Mobil to restart offshore oil wells shut down in 2015 after a pipeline leak caused the worst coastal spill in 25 years was rejected March 8 amid lingering environmental concerns.
March 9, 2022BMW Recalls Almost 1 Million Cars Over Engine-Fire Risk
BMW AG recalled more than 917,000 cars in the U.S. — most of them for a second time — over an engine ventilation system that could overheat and increase the risk of fire.
Continental Pours Cold Water on Breakup Speculation
Continental AG is signaling it will stop short of making further drastic changes as Europe’s second-biggest car-parts supplier doubles down on a restructuring to improve disappointing performance.
Congress Passes Bill to Shore Up Postal Service
WASHINGTON — Congress on March 8 passed legislation that would shore up the U.S. Postal Service and ensure six-day-a-week mail delivery, sending the bill to President Joe Biden to sign into law.