Trucking Business News

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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.

BusinessFuel

Oil Dips Below $52 With Dollar Rising as Rally Takes Breather

Oil fell as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months.

January 11, 2021
GovernmentBusiness

Biden’s Go-Big Stimulus Plans Will Test Closely Divided Senate

President-elect Joe Biden’s plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for Donald Trump that could add to delays.

January 11, 2021
GovernmentBusinessSafety

Indonesian Divers Find Parts of Wrecked Boeing Plane in Java Sea

Authorities said they determined the location of the crash site and black boxes of a Boeing 737-500 on Jan. 10, a day after the aircraft crashed into the Java Sea with 62 people on board shortly after taking off from Indonesia’s capital.

January 11, 2021
BusinessTechnologyLogistics

Chips Shortage Hits Global Automakers

A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.

January 8, 2021
BusinessTechnologyFuelAutonomous

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021
BusinessTechnologyFuel

GM Changes Corporate Logo to Plug Its EV Strategy

General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.

January 8, 2021
GovernmentBusinessSafety

ASCE to Release New Infrastructure Study

A new report chronicling infrastructure concerns around the country will be unveiled Jan. 12, the American Society of Civil Engineers recently announced.

January 8, 2021
BusinessTechnologyAutonomous

Cruise Hires Former Delta Air Executive Gil West as COO

Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco.

January 8, 2021
GovernmentBusinessSafety

PennDOT Says Licensing Law Will Increase Safety, Opportunities for Drivers

The Pennsylvania Department of Transportation recently commended a new state law related to licensing and credentialing that includes provisions associated with commercial driver license holders.

January 8, 2021
GovernmentBusinessTechnologyFuel

Ship Orders Slump 50% With Owners Unsure Which Fuel to Use

Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.

January 8, 2021

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