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.
Tesla Sales Fall for Second Straight Quarter
DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.
July 2, 2024Securing Legacy Maintenance Software
Outdated fleet software puts your company at risk of cyberattacks. One breach can cripple operations and finances. Download the National Motor Freight Traffic Association Inc.’s (NMFTA)™ whitepaper to learn about new threats, vulnerabilities, and solutions for securing your legacy systems.
July 1, 2024US Chamber Files Amicus Brief in Werner Verdict
The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.
Amtrak Used 2 Million Gallons of Renewable Diesel in FY2023
Switching to renewable diesel has enabled Amtrak to replace about 2 million gallons of fossil fuel during the past fiscal year and move closer to its goal of achieving zero emissions.
Renault Vows to Lower EV Battery Costs 20% With New Process
Renault SA pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.
OPEC Crude Production Steady for Third Month
OPEC’s crude production remained steady for a third month, while some key members continued to pump above agreed limits.
July 1, 2024Global Sea Transport Leaps Most Since 2010 After Attacks
A gauge of global sea transport is heading for its biggest annual jump since 2010 after attacks in the Red Sea have forced ships to travel longer distances.
Continental Express Adds Chicago-Area Terminal
Continental Express opened its ninth location nationwide with a new terminal in Illinois, the company announced June 24.
CDK: ‘Substantially All’ Car Dealerships Restored After Hack
CDK Global said “substantially all” the dealerships it serves that were disrupted by a hack have seen their management systems come back online.
Perspective: Autonomous Trucking Is Not a Race
How will self-driving trucks win the trust of the millions of Americans driving their own vehicles alongside them?