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, Equipment, Fuel

Trailer GHG Ruling Muted by California Rules, Industry's Direction

A D.C. court of appeals ruling exempts trailers from federal greenhouse gas and fuel-­efficiency rules, but California mandates will create the same technology standards for many fleets, while others are adopting the technology because of the economic case for it.

Steve Brawner | Contributing Writer
January 28, 2022
Government, Business, Safety

DOT Announces Strategy to Address Increases in Roadway Deaths

The U.S. Department of Transportation on Jan. 27 released a multibillion-dollar plan that calls for actions to address what it called “a national crisis in roadway fatalities and serious injuries.”

Eric Miller | Senior Reporter
January 27, 2022
Business, Equipment

Used Class 8 Retail Average Price in December Sets Record

The average retail price for a used Class 8 vehicle in December forged ahead to another monthly record as it cleared $82,000. That was 66% higher compared with a year earlier, ACT Research reported.

Roger Gilroy | Senior Reporter
January 27, 2022
Government, Business, Technology, Equipment, Safety

Biometric Privacy Law in Illinois Posing Legal Challenge for Truckers

Legal experts are warning that trucking companies and their technology providers could be unintentionally dragged into state and federal class-action civil lawsuits over compliance with the notification requirements of an Illinois biometric privacy law.

Eric Miller | Senior Reporter
January 27, 2022
Government, Business

Congressional Republicans Press White House for Infrastructure Policy Insight

The top Republican on the U.S. House Transportation and Infrastructure Committee called on the White House to brief his colleagues on the Biden administration’s strategy for implementing a $1 trillion infrastructure law.

Eugene Mulero | Senior Reporter
January 27, 2022
Business, Technology, Fuel

Renault, Nissan to Invest $26 Billion in Future EVs

The French-Japanese auto alliance of Renault and Nissan plans to invest $26 billion in electric vehicle technology over the next five years, the companies said Jan. 27.

Yuri Kageyama | Associated Press
January 27, 2022
Government, Business, Fuel

The Diesel Market Looks at Risk of Price Spikes

A slump in global diesel stockpiles has left the market vulnerable to price spikes.

Jack Wittels | Bloomberg News
January 27, 2022
Business, Logistics

Norfolk Southern Posts Record Results for Q4, Full Year

Norfolk Southern Corp. reported record fourth-quarter and full-year net income from railway operations and operating ratio when the Class I railroad released its results Jan. 26.

Dan Ronan | Senior Reporter
January 27, 2022
Business, Logistics

Cardboard Box Shortage Is Latest Disruption to Global Shipping

The latest hurdle to shipping goods in a world gripped by pandemic-driven supply chain disruptions is a shortage of cardboard boxes, according to one of the world’s biggest makers of the material.

Jen Skerritt | Bloomberg News
January 27, 2022
Government, Business

Jobless Claims Decline for First Time in Four Weeks

Applications for U.S. state unemployment insurance fell for the first time in four weeks, partially unwinding a recent spike in claims due to the omicron variant.

Raeedah Wahid | Bloomberg News
January 27, 2022