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.
Estes Eyes 12% Terminal Door Total Increase in 2024
Estes Express Lines expects the number of terminal doors in the less-than-truckload carrier’s portfolio to jump more than 12% in 2024 to a total exceeding 12,750.
Norfolk Southern Accused of Delaying Amtrak Passenger Trains
U.S. authorities accused Norfolk Southern Corp. of causing repeated delays of Amtrak passenger trains along a lengthy route spanning New York City to New Orleans.
Saia Lifts Target for 2024 Terminal Openings to 21
Saia could open a large batch of terminals in 2024 as profits and revenue grow at the less-than-truckload carrier, largely on the back of facilities acquired from the estate of Yellow Corp.
What's That? Final Mile Delivery
Final mile delivery, also known as last mile delivery, is the last step of the product's journey. It is the point at which the good is finally delivered to the end customer.
July 30, 2024What's That? Heavy Duty Parts
Heavy duty parts are the backbone of commercial transportation, built for durability and performance.
July 30, 2024Stellantis Offers US Employees Buyouts in New Round of Cuts
Stellantis NV will offer voluntary buyouts to U.S. employees as the carmaker looks to cut costs amid slumping profits.
Toyota First-Half Sales Fall Even as Hybrids Gain in US
Toyota Motor Corp.’s global sales and output fell in the first half with sizable declines in Japan and China canceling out a resurgence of hybrids in North America.
Delaware Bridge Tolls to Rise 20% on Sept. 1
Tolls on Delaware bridges will increase by 20% for all types of vehicles starting Sept. 1 — the first such increase in 13 years — as the state seeks funding to pay for infrastructure improvements.
Knight-Swift Buys Dependable Highway Express’ LTL Business
Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.
Tesla Tester Nearly Crashes While Using ‘Full Self-Driving’
A Truist Securities analyst with a hold rating on Tesla’s stock wrote that he narrowly avoided a crash when he test-drove one of the carmaker’s vehicles and used its driver-assistance system.