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.
UPS Beats Q4 Expectations; Leadership Optimistic About Labor Negotiations
UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.
January 31, 2023Self-Driving Semis at Center of California Regulatory Conflict
SACRAMENTO, Calif. 鈥 As California regulators explore new rules to put self-driving semitrucks on the road, labor unions are rushing to the state Legislature to ask for a new law they say will protect their jobs.
January 31, 2023NHTSA Denies Petition to Remove Underride Guard Labeling Requirement
The National Highway Traffic Safety Administration has denied a petition filed by the Commercial Vehicle Safety Alliance asking regulators to drop a requirement for trucks and trailers to display a legible certification label on their rear impact guards.
January 31, 2023Tesla Gets Justice Department Subpoena for Self-Driving Features
The U.S. Justice Department has requested documents from Tesla Inc. related to its Autopilot and 鈥淔ull Self-Driving鈥 features, according to a regulatory filing.
January 31, 2023GM Sales Rebound, Quarterly Profits Up 16%
DETROIT 鈥 Rising factory output led to strong U.S. sales at the end of last year, pushing General Motors鈥 fourth-quarter net income up 16% over the same period a year ago.
January 31, 2023Court Upholds Minnesota鈥檚 鈥楥lean Car Rule鈥 Tied to California
ST. PAUL, Minn. 鈥 The Minnesota Court of Appeals on Jan. 30 upheld the state鈥檚 鈥淐lean Car Rule,鈥 which ties the state鈥檚 vehicle emission standards to California regulations.
January 30, 2023Diesel Up 1.8垄 to $4.622 in Third Increase of 2023
The national average price of diesel nudged up 1.8 cents to $4.622 a gallon, according to Energy Information Administration data released Jan. 30.
January 30, 2023Biden Kicks Off Work to Relieve East Coast Amtrak Bottleneck
President Joe Biden kicked off a project to replace a 150-year-old Baltimore rail tunnel that鈥檚 slowing train traffic along the Northeast Corridor.
January 30, 2023Major Shareholder Backs Ritchie鈥檚 $6 Billion IAA Deal
A large investor in Ritchie Bros. Auctioneers Inc. is backing the Canadian auction company鈥檚 proposed takeover of IAA Inc., giving a boost to a deal that has been opposed by other shareholders.
January 30, 2023TravelCenters and Electrify America Team Up to Install EV Charging Stations
CLEVELAND 鈥 TravelCenters of America is teaming up with Electrify America to install more than 1,000 charging stalls for electric vehicles at more than 200 locations.
January 30, 2023