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.
Stellantis Swaps Third Ram Boss in Three Years as Sales Sink
Stellantis NV replaced the head of its Ram and Dodge brands in the U.S. as the automaker faces pressure from falling sales and a complicated shift to electric vehicles.
Honda Takes Wraps Off Class 8 Hydrogen FCEV Concept Truck
Honda pulled back the curtain on a promised Class 8 hydrogen fuel cell electric vehicle May 17, unveiling a concept truck whose public debut will be at the Advanced Clean Transportation Expo.
Idaho Rolling Out $1.2 Million Tire Inspection Sensor System
Tires on commercial vehicles traveling through Idaho’s ports of entry are under scrutiny with the state transportation department rolling out a $1.2 million system of inspection sensors.
Federal Judge Hears Arguments on NYC Congestion Pricing
NEW YORK — New York’s first-in-the-nation plan to levy a hefty toll on drivers entering much of traffic-choked Manhattan is the focus of a legal battle set to play out in federal court May 17.
Army Corps: Full Port of Baltimore Access Coming This Month
WASHINGTON — The Port of Baltimore’s waterways are on track to being fully accessible by the end of this month, the U.S. Army Corps of Engineers told members of Congress on May 15.
How to Combat Rising Insurance Costs
Program Aired: May 16, 2 p.m. ET Recouping your claims - from filing and acknowledgement to investigation and settlement - can exhaust more time and money than you can afford. Instead of a game of telephone, what if your service provider managed each step of the process from claim to settlement and offered you a single touchpoint for all your questions? Chas Nickells, Vice President of Business Development for Transportation at Davies Group, joins Seth Clevenger to share his decades of experience creating custom claims solutions for industry leaders and teach you how end-to-end claims solutions can transform your operations.
May 16, 2024Trucking Limps Through Another Quarter in Q1
The trucking industry continued to bounce along the bottom of a prolonged freight recession during the first quarter of 2024.
Honda to Invest $65 Billion Over 10 Years to Bolster EV Push
Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.
Walmart Delivers Strong First Quarter
NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
Deere Cuts 2024 Profit Outlook on Lower Tractor Sales
Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors.