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

Ottawa Police Arrest Dozens After 3-Week Protest

OTTAWA — Police began arresting protesters Feb. 18 in a bid to break the three-week-long string of protests around Canada’s capital by hundreds of truckers angry over the country’s COVID-19 restrictions.

February 18, 2022
Business, Technology, Equipment

Allison Reports Q4 Increases in Net Income, Revenue

Allison Transmission Holdings Inc. reported Q4 net income nearly doubled as diluted earnings per share jumped 117% and revenue in the period climbed 20%.

Roger Gilroy | Senior Reporter
February 17, 2022
Business, Logistics, Top 50, TCA

DHL Express Sues City Over Possible Lockout at San Antonio Airport

International shipping services provider DHL Express has operated at San Antonio International Airport for more than 30 years, but it’s facing a possible lockout over an alleged lease violation.

Patrick Danner | San Antonio Express-News
February 17, 2022
Business, Safety, TCA

Stellantis Installs Missing Emissions Ducting in Michigan Plant

The maker of Jeep SUVs and Ram pickup trucks says it has completed installation of the missing ducting for some paint emissions at its Warren Truck Assembly Plant more than two weeks ahead of schedule.

Breana Noble | The Detroit News
February 17, 2022
Government, Business, Fuel, Logistics

Senators Propose Fuel-Tax Holiday Amid Funding Debate

Congressional lawmakers are proposing measures that include a suspension of the federal gas tax to stave off soaring prices at the pump, and are considering other remedies to ease inflationary price increases as Congress averted a federal government shutdown by passing a short-term spending measure.

Eugene Mulero | Senior Reporter
February 17, 2022
Business, Equipment

Rush Q4 Results Powered by Aftermarket Business

Rush Enterprises reported gains in fourth-quarter net income and revenue largely on the strength of its aftermarket segment and sales of used vehicles.

Roger Gilroy | Senior Reporter
February 17, 2022
Government, Business, Technology, Safety, Autonomous

Tesla Braking Issue Spurs Second NHTSA Probe Related to Autopilot

The National Highway Traffic Safety Administration is investigating complaints of Tesla Inc. cars with Autopilot driver assist that suddenly brake at high speeds, the latest in a string of confrontations between the company and safety regulators.

Keith Laing | Bloomberg News
February 17, 2022
Business

TT Newsmakers

This spring, the White House announced the launch of the FLOW program which is designed to improve supply chain relationships through a data-sharing exchange. With supply chain stakeholders participating in this program, will the government be able to assist in fixing an industry that is largely privately held? 

February 17, 2022
Business, Technology, Safety, Autonomous

Aurora Reports 2021 Results, Plans to Expand in 2022

Self-driving transportation company Aurora Innovation Inc. on Feb. 16 announced that its fourth-quarter and full-year losses widened, but also said that its available cash soared in the wake of becoming a public company late last year.

Dan Ronan | Senior Reporter
February 17, 2022
Government, Business, Safety

House Transportation Leader Advocates for FEMA Mitigation Bill

Legislation designed to facilitate recovery efforts for communities and commercial corridors hard-hit by natural disasters is ready for debate before the U.S. House of Representatives, the chamber’s top transportation policymaker said recently.

Eugene Mulero | Senior Reporter
February 17, 2022