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, Logistics, For-Hire

Ryder Continues Cross-Border Expansion With New Facility

Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.

Connor D. Wolf | Staff Reporter
April 30, 2024

TT Podcasts: RoadSigns

Check out Transport Topics' updated Top 100 list of the largest logistics companies in North America, and explore how the industry's top players have adapted to a tough freight market and are preparing for the future.

Business, Technology, Equipment, Logistics

DB Schenker to Carry Out Range Energy Trailer Testing in H2

DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.

Keiron Greenhalgh | Staff Reporter
April 30, 2024
Government, Business, Technology, Safety

US to Require Automatic Emergency Braking on New Vehicles

DETROIT — In the not-too-distant future, automatic emergency braking will have to come standard on all new passenger vehicles in the United States.

Tom Krisher | Associated Press
April 30, 2024
Business, Fuel

Finnish Fuel Maker Neste Starts CEO Search as Lehmus to Exit

Neste Oyj, a Finnish maker of renewable diesel, will begin a search for a new CEO, as Matti Lehmus stepped down after just two years in the role.

Kati Pohjanpalo | Bloomberg News
April 29, 2024
Business, Technology, Safety, Autonomous

Tesla Stock Leaps on Reports of Chinese Approval of FSD

NEW YORK — Shares of Tesla stock rallied April 29 after CEO Elon Musk paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.

April 29, 2024
Business, Technology, Equipment, Safety

Peterbilt Introduces Additional Mirrors for 579, 567 Models

Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.

Keiron Greenhalgh | Staff Reporter
April 29, 2024
Government, Business, Logistics

Kansas Gains $76.5 Million Window, Door Maker Logistics Hub

The Marvin Cos. plans to build a $76.5 million window and door manufacturing facility in Kansas City, Kan., that will boast 600 employees, including truck drivers, within four years.

Noël Fletcher | Staff Reporter
April 29, 2024
Business

Aim Transportation Expands Into West Virginia, Indiana

Aim Transportation Solutions expanded its operations to meet the needs of customers in West Virginia and Indiana, the company announced April 26.

Connor D. Wolf | Staff Reporter
April 29, 2024
Business, Logistics, Global Freight

DHL Expands Retail Presence in D.C. Area

DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.

Connor D. Wolf | Staff Reporter
April 29, 2024
Business, Equipment

Traton Profits Rise on Higher Prices, 'Favorable' Markets

Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.

Keiron Greenhalgh | Staff Reporter
April 29, 2024