Transportation 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.
Canola Producers Look to Expand Output for Biofuels
U.S. canola producers are seeking to expand their output since the EPA recently OK’d the plant oil be included among acceptable biofuels in its green energy renewable fuel standard program.
June 21, 2023FTC Says Amazon Enrolls Consumers Into Prime Without Consent
NEW YORK — The Federal Trade Commission sued Amazon on June 21 for what it called a yearslong effort to enroll consumers without consent into its Prime program.
June 21, 2023EV Battery Swapping Could Help Solve the US Charging Problem
Over the past two years, San Francisco startup Ample Inc. has quietly deployed more than a dozen robotic battery-swap stations around the Bay Area and in Europe.
June 21, 2023Winning EV Battery Race Called 21st Century ‘Moonshot’
The U.S. needs to dominate the next generation of the technology, a bipartisan group of lawmakers said after meeting the chief executives of Ford Motor Co. and General Motors Co. in Detroit.
June 21, 2023Company Can’t Guarantee Air Bag Inflators Won’t Explode
DETROIT — A company that makes air bag inflators that have exploded in eight incidents argued that it can’t say for sure whether its inflators might cause further such incidents.
June 21, 2023Temporary Fix for I-95 in Philadelphia Set for June 24-25
PHILADELPHIA — Temporary lanes on Interstate 95 will be open sometime this weekend, with permanent repairs to follow, Gov. Josh Shapiro said June 20.
June 20, 2023Bernie Sanders Launches Probe Into Amazon Workplace Safety
Sen. Bernie Sanders (I-Vt.) launched an investigation into charges of unsafe working conditions at Amazon.com Inc. warehouses across the U.S.
June 20, 2023FedEx Forecasts Profit Below Estimates as Demand Weakens
FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort.
June 20, 2023Diesel Prices Rise for First Time in Two Months
Diesel prices bumped up 2.1 cents to a national average of $3.815 a gallon, according to Energy Information Administration data on June 19.
June 20, 2023Germany’s Deutsche Post DHL Group Changes Name to DHL Group
BONN, Germany — German multinational package delivery and logistics company Deutsche Post DHL Group said June 19 that it is changing its name to DHL Group as of the beginning of July.
June 20, 2023