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

UAW Agrees to Independent Monitor, Voting Changes After Corruption Probe

DETROIT — An independent monitor will watch the United Auto Workers’ finances and operations, and members will decide how they pick future leaders under a reform agreement with the U.S. Attorney’s office.

Tom Krisher | Associated Press
December 14, 2020
Business, Fuel

‘External Source’ Causes Oil Tanker Blast Off Saudi Arabia

DUBAI, United Arab Emirates — An oil tanker off Saudi Arabia’s port city of Jiddah suffered an explosion early Dec. 14 after being hit by “an external source,” a shipping company said.

Jon Gambrell | Associated Press
December 14, 2020
Business, Technology, Equipment, Safety, Fuel

DTNA Says Portland Plant Will Be First to Achieve Carbon-Neutral Production

Daimler Trucks North America announced its truck manufacturing plant in Portland, Ore., will be the first to achieve carbon-neutral production in the global Daimler Trucks network — meeting green production this year.

Roger Gilroy | Senior Reporter
December 14, 2020
Business, Technology, Autonomous

Amazon’s Zoox Unveils Autonomous Electric Vehicle

Zoox Inc., the self-driving startup owned by Amazon .com Inc., unveiled a fully autonomous electric vehicle with no steering wheel that can drive day and night on a single charge.

Ed Ludlow | Bloomberg News
December 14, 2020
Government, Business, Logistics, Top 100

UPS, FedEx Trucks Begin Vaccine Shipments

KALAMAZOO, Mich. — The first shipments of a COVID-19 vaccine for widespread use in the United States headed Dec. 13 from Michigan to distribution centers across the country, with the first shots expected to be given in the coming week to health care workers and at nursing homes.

December 13, 2020
Government, Business

Pfizer Vaccine Cleared in US

Pfizer Inc. gained emergency U.S. authorization for its COVID-19 vaccine on Dec. 11, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans.

December 11, 2020
Government, Business, Fuel

Oil Ekes Out Weekly Gain After Retreating From Nine-Month High

Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand.

Andres Guerra Luz | Bloomberg News
December 11, 2020
Government, Business, Technology, Safety

FMCSA Plans Information Collection for CDL Testing Delays Survey

The Federal Motor Carrier Safety Administration is planning to submit an Information Collection Request associated with its annual survey on commercial driver license skills testing delays.

Eleanor Lamb | Staff Reporter
December 11, 2020
Government, Business, Safety

House Lawmaker Introduces Rural Infrastructure Bill

Legislation meant to assist rural transportation corridors was introduced by Rep. Carol Miller this month.

Eugene Mulero | Senior Reporter
December 11, 2020
Government, Business, TCA

Uber, Others Jockey for Early COVID-19 Vaccine Access for Workers

Uber says its drivers should get priority access to the COVID-19 vaccine because they provide crucial transportation to health care workers and the general public.

Hugo Martin | Los Angeles Times
December 11, 2020