Business
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.
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.
‘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.
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.
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.
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, 2020Pfizer 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, 2020Oil 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.
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.
House Lawmaker Introduces Rural Infrastructure Bill
Legislation meant to assist rural transportation corridors was introduced by Rep. Carol Miller this month.
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.