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, Equipment

Operations Underway at VTNA’s New River Valley Assembly Plant

DUBLIN, Va. — Cabs for VTNA's redesigned flagship Class 8 VNL tractor — launched in January — are built at the new Plant 2 of the New River Valley manufacturing facility.

Keiron Greenhalgh | Staff Reporter
June 27, 2024
Government, Business, Logistics

Largest US Ports Report Volume Declines For May

U.S. ports posted a mixed bag of results for May, with certain facilities seeing volume gains while some of the nation’s largest saw container traffic decline.

Connor D. Wolf | Staff Reporter
June 27, 2024
Business, Safety

Your Guide to Freight Fraud & Cybersecurity

Program Aired: June 27, 2 p.m. ET Find out how you can better protect your business' future. Dr. Erika Voss, Vice President of Information Security for DAT Freight & Analytics, joins Transport Topics' Seth Clevenger for a special one-on-one conversation to discuss her experience teaching businesses how to improve their information security practices and offer her insight on trends in freight fraud and cybersecurity.   

June 27, 2024
Government, Business, Safety

House Bill Includes $200 Million for Truck Parking Projects

WASHINGTON — A transportation bill approved June 27 by a U.S. House of Representatives subcommittee includes $200 million for truck parking operations nationwide.

Eugene Mulero | Senior Reporter
June 27, 2024
Government, Business, Safety

House Committee Approves WRDA

A bill to help advance commercial waterway infrastructure projects and promote supply chain efficiency was recently approved by a committee in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
June 27, 2024
Government, Business, Safety

FMCSA Gets Few Responses on Fitness Method Revision

Federal trucking regulators held a second public listening session seeking comment on a possible major revision to the motor carrier Safety Fitness Determination method.

Eric Miller | Senior Reporter
June 27, 2024
Government, Business

Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate

WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.

Paul Wiseman | Associated Press
June 27, 2024
Business, Private

Walgreens Woes Continue With Earnings Miss, Guidance Cut

Walgreens signaled that more store closings are on the way, missed earnings expectations for its third quarter and cut its annual forecast.

Tom Murphy | Associated Press
June 27, 2024
Government, Business, Technology, Equipment

Could Cheap Chinese EVs Reach US From Mexico?

Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.

Paul Wiseman | Associated Press
June 27, 2024
Business, Logistics, Private, Global Freight

Amazon Plans Discount Web Store to Counter Upstarts

Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.

Matt Day and Jacob Gu | Bloomberg News
June 26, 2024