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.

Business, Technology, Fuel

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

Christoph Rauwald | Bloomberg News
December 23, 2020
Business, Technology, Equipment, Fuel

Nikola Loses Electric Truck Order From Republic Services

Nikola Corp. lost an order to supply sanitation heavyweight Republic Services Inc. with 2,500 battery-electric garbage trucks, the latest setback for the troubled startup.

Roger Gilroy | Senior Reporter
December 23, 2020
Government, Business, Safety

Brent Spence Bridge Reopens Ahead of Schedule

Transportation officials opened the newly repaired Brent Spence Bridge connecting Ohio and Kentucky on Dec. 22, one day ahead of schedule.

Eleanor Lamb | Staff Reporter
December 23, 2020
Business, Logistics

Last-Minute Shoppers Avoid Stores, Adding to Delivery Surge

American shoppers shunned stores and extended their online binge during the last weekend before Christmas, adding to a package-delivery logjam that’s now reaching a crescendo.

December 22, 2020
Business, Equipment

Rihm Kenworth Expands in Minnesota

Rihm Kenworth, a longtime truck dealership in Minnesota, relocated in Albert Lea to a new facility off Interstate 35 to meet the growing demand for trucks, parts and services.

December 22, 2020
Government, Business, Technology

2020 Year in Review: Technology, Business, Government

We asked Transport Topics reporters for technology, business and government to try to put 2020 into perspective by identifying the three most significant stories of the year in their coverage area. Here's what they said. 

December 22, 2020
Government, Business, Safety, Logistics

Wreaths Across America Day Takes Place With Help of Trucking Industry

The final resting places of 1.7 million American veterans were adorned with holiday wreaths this year as organizers of the annual Wreaths Across America Day worked to ensure the nation’s fallen received this honor despite challenges presented by the pandemic.

Dan Ronan | Senior Reporter
December 22, 2020
Business, Logistics

Delivering a Cure

President Life Sciences and Healthcare for DHL, Larry St Onge, joins TT's Dan Ronan for a conversation about managing the shipments of the Pfizer vaccine, and what care is being taken to ensure safe delivery. Watch now!

December 22, 2020
Business, Logistics

Amazon Delays Hike in Merchant Fees Until June 2021

Amazon .com Inc. says it will delay raising fees it charges independent sellers to store and ship items until June, a gesture to merchants who have sometimes bristled at the rising costs of doing business with the company.

Matt Day | Bloomberg News
December 22, 2020
Government, Business, Logistics

Hundreds of Truck Drivers Stranded in Britain Due to Coronavirus Restrictions

Hundreds of stranded truck drivers hoped to get the green light to leave Britain on Dec. 22 as the country found itself increasingly isolated and its trade bottled up, cut off by neighbors afraid of a new strain of the coronavirus circulating in England.

Pan Pylas | Associated Press
December 22, 2020