Trucking Business News

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.

GovernmentBusinessTechnologyLogistics

AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry

Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.

December 8, 2020
BusinessTechnologyFuel

VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla

QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3.

December 8, 2020
GovernmentBusinessTechnologyFuel

Tesla’s German Factory Faces New Snag After Court Halts Logging

Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.

December 8, 2020
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Elaine Chao Discusses Partnerships as Busy Year Draws to a Close

Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.

December 8, 2020
BusinessTechnology

Trevor Milton Plans to Remain Top Nikola Owner Post-Lockup Expiration

Trevor Milton said he remains committed to his Nikola Corp. holding and doesn’t plan to relinquish his position as its largest shareholder even though a restriction has been lifted, addressing speculation that he could divest of his stake in the company he founded and resigned from.

December 8, 2020
GovernmentBusiness

Comments to Oregon DOT Reveal Concerns Over I-205 Tolls

As part of its study on the potential of tolls in the Portland area, the Oregon Department of Transportation will consider 4,644 public comments, the majority of which express opposition to the tolls.

December 8, 2020
GovernmentBusinessFuel

Diesel Continues to Climb on Increasing Global Oil Demand

The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.

December 7, 2020
BusinessTechnologyAutonomous

Aurora to Buy Uber’s Self-Driving Vehicles Arm

Uber is selling off its autonomous vehicles-development arm to Aurora as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic.

December 7, 2020
GovernmentBusiness

Congress Eyes Support for Busy Ports

As operators of major container ports struggle to keep ahead of a rush of imported goods while retailers restock nine months into the coronavirus pandemic, Congress is aiming to lend additional support.

December 7, 2020
GovernmentBusinessTechnologySafety

Some Experts See Plane-Crash Risk Rising on Expansion of 5G Spectrum

A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes.

December 7, 2020