Business

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.

Business, Technology, Fuel

Fuel Cell Maker Symbio Unveils Class 8 FCEV Demonstrator

Hydrogen fuel cell manufacturer Symbio, backed by three auto industry heavyweights, unwrapped a Class 8 tractor equipped with its powertrain.

Keiron Greenhalgh | Staff Reporter
May 20, 2024
Government, Business, Safety, Logistics

Ship That Caused Baltimore Bridge Collapse Escorted to Port

BALTIMORE — The recovery from the deadly Baltimore bridge collapse reached a milestone May 20 as the Dali was escorted back to port, its damaged bow covered with smashed shipping containers.

Lea Skene | Associated Press
May 20, 2024
Government, Business, Technology, Fuel

Coalition Seeks Information on New Biofuel Tax Credit System

A coalition of biofuel proponents and agricultural groups is asking Treasury Secretary Janet Yellen for guidance about a Clean Fuels Production Credit based on carbon intensity scores.

Noël Fletcher | Staff Reporter
May 17, 2024
Government, Business, Fuel

More Iowa Biodiesel to Flow From $14 Million State Grants

More renewable fuel from Iowa producers could soon be flowing thanks to a funding increase from the state.

Noël Fletcher | Staff Reporter
May 17, 2024
Business, Technology, Fuel

Clean Energy Fuels to Build Nine RNG Production Facilities

Clean Energy Fuels is teaming up with Maas Energy Works to build nine renewable natural gas production facilities at dairy farms across seven states, the companies said May 14.

Keiron Greenhalgh | Staff Reporter
May 17, 2024
Business, Technology, Equipment, Fuel, For-Hire

Kenworth to Start Production of T680s, T880s With X15N in Q3

Kenworth plans to begin production of its Class 8 T680 tractor and T880 vocational truck with Cummins’ X15N natural gas engine in the third quarter of 2024, it said May 15.

Keiron Greenhalgh | Staff Reporter
May 17, 2024
Business, Technology, Equipment

Daimler, Volvo Set JV to Develop Shared Tech Architecture

Volvo Group and Daimler Truck have announced a preliminary agreement on a joint venture under which they would co-develop a common vehicle technology platform.

Connor D. Wolf | Staff Reporter
May 17, 2024
Business, Technology, Equipment, Fuel

Plugging In to the Battery-Electric Vehicle Market

Challenges remain for fleets wishing to integrate battery-electric trucks into their operations, but some early adopters are successfully deploying these vehicles.

Steve Brawner | Contributing Writer
May 17, 2024
Government, Business, Technology, Equipment, Fuel

Five Key Considerations for Fleet Electrification

Many steps come before, during and after electric vehicle procurement, and that success is dependent on fleet owners doing things differently — and more quickly — than their peers.

Scott Davidson | CEO, Revolv
May 17, 2024
Business

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.

Albertina Torsoli | Bloomberg News
May 17, 2024