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, Logistics, Autonomous

Maryland Framework Offers Connected, Automated Vehicle Guide

With an eye toward the future of transportation technology, Maryland Gov. Larry Hogan released the state’s Connected and Automated Vehicle Strategic Framework.

Eleanor Lamb | Staff Reporter
December 22, 2020
Business, Technology, Autonomous

Lidar Makers Jump After Report on Apple’s Autonomous Car Plans

Some lidar suppliers gained Dec. 22 after Reuters reported that Apple Inc. plans to build a self-driving car for consumers and is tapping outside partners for elements of the system as it develops its own battery technology.

Divya Balji and Crystal Kim | Bloomberg News
December 22, 2020
Business, Logistics, Breaking News

ATA Truck Tonnage Index Slides 3.8% in November

Truck tonnage in November declined a seasonally adjusted 3.8%, marking the eighth consecutive month of year-over-year declines, American Trucking Associations said Dec. 22. However, the ATA For-Hire Truck Tonnage Index increased 3.7% in November after falling 5% in October when measured month-to-month.

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

Rush Enterprises Crowns Grand Champion for Virtual Tech Skills Rodeo

Medium-duty technician Travis Graham from Rush Truck Center of Orlando, Fla., took home the grand prize at this year's Rush Enterprises Tech Skills Rodeo.

Connor D. Wolf | Staff Reporter
December 22, 2020
Business, Technology, Autonomous

Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

River Davis | Bloomberg News
December 22, 2020
Government, Business, Logistics

Bottlenecks Wear Down World Economy’s Fleet of Containerships

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

Brendan Murray | Bloomberg News
December 22, 2020
Government, Business

Congress OKs COVID Relief, Government Funding Package

WASHINGTON — Congress passed a $900 billion pandemic relief package Dec. 21 that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths.

Andrew Taylor | Associated Press
December 21, 2020
Government, Business, Fuel

Diesel Jumps 6¢ Per Gallon to Nine-Month High

The U.S. average retail price of diesel rose 6 cents to $2.619 a gallon and notched the highest price in nine months, the Energy Information Administration reported Dec. 21.

December 21, 2020
Government, Business, Logistics

FMCSA Continues Waivers for Expired CDLs, Medical Certifications

As part of its continued response to the COVID-19 pandemic, the Federal Motor Carrier Safety Administration has issued a waiver offering regulatory relief to commercial driver license and commercial learner permit holders.

Eleanor Lamb | Staff Reporter
December 21, 2020
Government, Business

US Airlines Carry 1 Million Passengers for Third Straight Day

Americans are putting aside health risks and flying in increasing numbers during the Christmas holiday season.

Alan Levin | Bloomberg News
December 21, 2020