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, Logistics

Warehouses Lure More Cash Than Offices in Pandemic-Fueled Flip

Warehouses are the hottest corner of commercial real estate — maybe too hot.

John Gittelsohn | Bloomberg News
December 10, 2020
Government, Business, Safety

US Experts Convene to Decide on Go-Ahead for Pfizer Vaccine

A U.S. government advisory panel convened Dec. 10 to decide whether to endorse mass use of Pfizer’s COVID-19 vaccine to help conquer the outbreak that has killed close to 300,000 Americans.

December 10, 2020
Government, Business

Jobless Claims Jump More Than Forecast Amid New Shutdowns

Applications for U.S. unemployment benefits surged last week, topping estimates with the highest level since September, suggesting that widening business shutdowns to curb the pandemic are spurring fresh job losses.

Olivia Rockeman | Bloomberg News
December 10, 2020
Government, Business, Safety, Logistics

Report Covers Critical Issues for State Leaders Ahead of Vaccine Distribution

Governors should assess their capacity for transportation and address logistical issues as early as possible as they brace for COVID-19 vaccine distribution, according to the National Governors Association.

Eleanor Lamb | Staff Reporter
December 10, 2020
Business, Technology, Equipment, Safety, Autonomous, TCA

GMC Sierra Goes Hands-Free

GMC says it will offer its hands-free driver-assistance feature Super Cruise on its Sierra pickup sometime in 2022.

Henry Payne | The Detroit News
December 9, 2020
Government, Business

House Passes One-Week Stopgap Spending Bill to Avert Shutdown

The country’s port operators called on federal lawmakers to approve billions of dollars in emergency aid as congressional leaders scramble to avert a partial government shutdown.

Eugene Mulero | Senior Reporter
December 9, 2020
Government, Business, Technology, Safety, Fuel, Autonomous

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

Michael Liedtke | Associated Press
December 9, 2020
Government, Business, Safety

Driver Financial Security Key to Recruitment, Retention

Truck driver recruitment and retention have been difficult this year, but providing financial security can be a huge incentive.

Connor D. Wolf | Staff Reporter
December 9, 2020
Government, Business

Bipartisan Relief Plan Released With Key Hurdles Unresolved

The Democratic and Republican lawmakers working on a compromise pandemic relief plan delivered a more detailed summary of their proposal Dec. 9 but haven’t yet resolved the deadlock over a business liability shield and aid to state and local governments.

December 9, 2020
Government, Business, Logistics

Minnesota DOT Awards $61 Million for Freight Network Projects

The Minnesota Department of Transportation recently awarded $61 million for projects meant to improve the state’s freight transportation network.

Eleanor Lamb | Staff Reporter
December 9, 2020