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, Safety

Railroads Achieve Full Positive Train Control Implementation, FRA Says

The country’s freight and passenger railways are operating with automatic braking system technology, according to the Federal Railroad Administration.

Eugene Mulero | Senior Reporter
January 11, 2021
Government, Business, Technology, Safety

ELDs Have Improved HOS Compliance in First Year Since Full Implementation

The federal electronic logging device mandate has leveled the playing field among motor carriers and reduced driver hours-of-service violations, but it may still be too early to determine how ELDs have affected safety on the nation’s roadways, industry experts said.

Mindy Long | Special to Transport Topics
January 11, 2021
Business, Technology, Equipment

Geotab Releases Next-Gen Version of Flagship Telematics Device

Geotab released the latest version of its flagship GO9 telematics solution, which now includes high-speed wireless connectivity, the company announced Jan. 11.

January 11, 2021
Business, Fuel, Logistics

Winter LNG Boom Creates Most Expensive Cargo Ships in History

An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities.

January 11, 2021
Business, Fuel

Oil Dips Below $52 With Dollar Rising as Rally Takes Breather

Oil fell as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months.

January 11, 2021
Government, Business

Biden’s Go-Big Stimulus Plans Will Test Closely Divided Senate

President-elect Joe Biden’s plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for Donald Trump that could add to delays.

January 11, 2021
Government, Business, Safety

Indonesian Divers Find Parts of Wrecked Boeing Plane in Java Sea

Authorities said they determined the location of the crash site and black boxes of a Boeing 737-500 on Jan. 10, a day after the aircraft crashed into the Java Sea with 62 people on board shortly after taking off from Indonesia’s capital.

January 11, 2021
Business, Technology, Logistics

Chips Shortage Hits Global Automakers

A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.

January 8, 2021
Business, Technology, Fuel, Autonomous

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021
Business, Technology, Fuel

GM Changes Corporate Logo to Plug Its EV Strategy

General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.

David Welch | Bloomberg News
January 8, 2021