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.

Government, Business, Equipment, Safety

Ontario Targets Predatory Towing Practices

Cracking down on predatory towing, Ontario now requires tow truck drivers and vehicle storage operators to have a certificate to operate in the first such move by a Canadian province.

Noël Fletcher | Staff Reporter
July 22, 2024
Business, Technology, Safety, Logistics, Perspective

Perspective: Using Technology to Protect Cargo From Theft

Cargo theft is often a subtle process, making it difficult to prevent. With cargo thieves relying increasingly on subterfuge, the security apparatus on the shop floor must evolve accordingly.

Frank Matarazzo | CEO, Fusion Transport
July 22, 2024
Government, Business, Technology, Fuel

American Farmers’ Next Hot Commodity Is Canola for Biofuels

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

Kim Chipman | Bloomberg News
July 22, 2024
Government, Business, Safety, Fuel

Shipping Gets Dirtier as Houthi Attacks Fuel Longer Voyages

Shipping’s carbon emissions climbed by 23 million tons in the first half of this year, partly as vessels took longer routes to avoid attacks in the Red Sea.

Jack Wittels | Bloomberg News
July 22, 2024
Business, Equipment

Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million

Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.

July 22, 2024
Government, Business, Technology, Fuel

EPA Awards $4.3B to Pollution Reduction Projects in 30 States

WASHINGTON — The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution.

Matthew Daly | Associated Press
July 22, 2024
Business, Logistics

What Causes Supply Chain Disruptions?

Supply chain disruptions can occur at any place and time, creating uncertainty for businesses and consumers alike.

July 21, 2024
Government, Business, Fuel

Stellantis Forks Out $190 Million in US Fuel Economy Fines

Stellantis NV paid $190 million in civil penalties in the first half of 2024 for failing to meet U.S. fuel efficiency standards, filings with regulators showed.

Keith Laing | Bloomberg News
July 19, 2024
Business, Fuel

Truck Maker Hyzon Raises Funds for Working Capital

Hyzon Motors is set to bolster its working capital through an equity sale, the latest move in the hydrogen fuel cell-powered truck maker’s ongoing restructuring, it said July 19.

Keiron Greenhalgh | Staff Reporter
July 19, 2024
Government, Business, Technology, Fuel

Clean Fuels Alliance America to Sue EPA

Clean Fuels Alliance America told the EPA that it will sue over the agency’s delay in establishing 2026 biofuel volumes in its Renewable Fuel Standard program.

Noël Fletcher | Staff Reporter
July 19, 2024