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.
Air Travel Rises to Post-Pandemic High Despite US Warning
U.S. air travelers rose to the most in more than eight months as flyers brushed aside the advice of public health officials to avoid trips around the Thanksgiving holiday.
International to Make Connected-Vehicle Package Standard for On-Highway Trucks
International Truck announced it launched Intelligent Fleet Care, a suite of connected-vehicle solutions that will be standard for its new on-highway vehicles ordered starting Dec. 15.
November 30, 2020Maritime Shipping Industry, Asian Nations Object to EU Pollution Plan
Plans to extend the world’s biggest carbon market into shipping drew criticism from the industry and Asian nations, highlighting growing conflict over Europe’s unprecedented moves to protect the environment.
Minnesota Asks FMCSA to Reconsider Request for CDL Testing Relief
Minnesota is making another attempt to gain reprieve from certain federal commercial driver license testing requirements, marking the continuation of a four-year effort for exemption.
Tesla Factory in Texas Makes Quick Progress
Construction of the planned Tesla factory in southeastern Travis County, Texas, has been proceeding so fast that watching it take shape is practically a spectator sport.
J.B. Hunt Acquires Mass Movement to Expand Final-Mile Offerings
J.B. Hunt Transport Services Inc. acquired the assets of Mass Movement, the company announced Nov. 30.
November 30, 2020NACFE Launches New Initiative to Explore Autonomous Trucking
The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.
November 30, 2020E-Smart Targets Better Tractor-Trailer Connectivity
Trucking technology supplier E-Smart, which offers capabilities such as adaptive speed control and load-based power management, also is pursuing opportunities to connect truck and trailer data.
Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO
DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.
November 30, 2020Nikola, GM Sign New Scaled-Back MOU
Nikola Corp. and General Motors Co. announced a new nonbinding memorandum of understanding for a global supply agreement that would integrate GM’s Hydrotec fuel cell system for Nikola’s Classes 7-8 vehicles.