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

ASCE to Release New Infrastructure Study

A new report chronicling infrastructure concerns around the country will be unveiled Jan. 12, the American Society of Civil Engineers recently announced.

Eugene Mulero | Senior Reporter
January 8, 2021
Business, Technology, Autonomous

Cruise Hires Former Delta Air Executive Gil West as COO

Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco.

David Welch | Bloomberg News
January 8, 2021
Government, Business, Safety

PennDOT Says Licensing Law Will Increase Safety, Opportunities for Drivers

The Pennsylvania Department of Transportation recently commended a new state law related to licensing and credentialing that includes provisions associated with commercial driver license holders.

Eleanor Lamb | Staff Reporter
January 8, 2021
Government, Business, Technology, Fuel

Ship Orders Slump 50% With Owners Unsure Which Fuel to Use

Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.

January 8, 2021
Government, Business

Trucking Jobs Gain in December Outweighed by Wider Labor Trouble

The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.

Olivia Rockeman | Bloomberg News
January 8, 2021
Business, Technology, Fuel

New Geotab Division Helps Utilities Support EV Adoption

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

Connor D. Wolf | Staff Reporter
January 7, 2021
Government, Business

Biden Selects Boston Mayor Marty Walsh for Labor Secretary

President-elect Joe Biden has selected Boston Mayor Marty Walsh to serve as secretary of the Department of Labor.

Eleanor Lamb | Staff Reporter
January 7, 2021
Business, Equipment, Safety

December Class 8 Orders Fourth-Best Ever

North American Class 8 orders in December notched the fourth-highest volume ever as they surpassed 50,000 for the second consecutive month, according to ACT Research citing truck makers’ initial data.

Roger Gilroy | Senior Reporter
January 7, 2021
Government, Business, Safety

Top Senate Democrats Hopeful About Infrastructure Agenda Amid Political Turmoil

Lawmakers are working to shift attention from the contentious battle for the White House to legislative issues now that Congress has certified President-elect Joe Biden’s electoral college victory, and the outcomes of two Senate runoff elections in Georgia have been settled in Democrats’ favor.

Eugene Mulero | Senior Reporter
January 7, 2021
Government, Business

Retrial of Former Pilot President Mark Hazelwood Is Likely, Attorney Says

Retrial of former Pilot Flying J President Mark Hazelwood, convicted of cheating truckers out of diesel fuel rebates, now appears likely, according to Hazelwood’s lead attorney.

Eric Miller | Senior Reporter
January 7, 2021