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.
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.
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.
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.
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.
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.
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, 2024Peterbilt 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.
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.
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.
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.
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.