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, Safety, For-Hire, Top 100

Gaining Driver Buy-In Is Key to Deploying Dashcams

CHICAGO — Fleet operators are increasingly embracing the use of dash cameras, but successfully deploying these in-cab systems hinges on driver acceptance of the technology.

Seth Clevenger | Managing Editor, Features and Multimedia
July 24, 2024
Government, Business, Technology, Equipment, Safety

House Bill Seeks $100M Annual Grant for Rail Safety Upgrades

Senior members of the U.S. House Transportation Committee recently introduced legislation to enhance safety requirements for trains carrying hazardous materials.

Eugene Mulero | Senior Reporter
July 24, 2024
Government, Business, Technology, Safety, Logistics

CBP Installs X-Ray Scanner for Containers at Texas Port

The busiest land border crossing between the U.S. and Mexico now has an advanced X-ray machine that is intended to help more efficiently move commercial truck traffic through the facility.

Noël Fletcher | Staff Reporter
July 24, 2024
Business, Equipment

Michelin Weighs Shuttering More Plants on Europe Downturn

Michelin said Europe’s “difficult economic situation” is causing a drop in tire demand across different sectors that is leading to overcapacity in the region.

Albertina Torsoli | Bloomberg News
July 24, 2024
Business, Technology, Equipment, Fuel, Autonomous, Top 100

Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand

Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.

Keiron Greenhalgh | Staff Reporter
July 24, 2024
Business, Logistics, For-Hire, Global Freight

UPS Discusses Acquisition of Parcel Carrier in Mexico

The recently announced UPS acquisition of Mexican express delivery company Estafeta takes advantage of a business trend toward nearshoring.

Connor D. Wolf | Staff Reporter
July 24, 2024
Business, Technology, Fuel, Autonomous

Tesla's Second-Quarter Profit Falls 45% to $1.48 Billion

DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.

Tom Krisher | Associated Press
July 23, 2024
Business, Technology, Equipment

Volvo Trucks North America Offers CARB-Compliant Engine

Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.

Keiron Greenhalgh | Staff Reporter
July 23, 2024
Government, Business, Logistics

House Passes Biennial Water Resources Development Act

A bill to promote the efficiency of commercial waterway infrastructure projects and supply chain connectivity was easily passed by the U.S. House of Representatives on July 22.

Eugene Mulero | Senior Reporter
July 23, 2024
Business, Logistics, For-Hire

Urban Delivery Hubs Present Solutions to Final-Mile Shipping

An evolving concept to address the issue of final-mile delivery is the urban delivery hub.

Dan Calabrese | Special to Transport Topics
July 23, 2024