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.
Fed’s Preferred Inflation Gauge Shows Price Pressures Easing
WASHINGTON — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease.
Polestar Loss Deepens to $1.46B Amid Slowing EV Demand
Polestar Automotive Holding UK Plc reported deepening losses for last year as the EV maker faced weaker demand amid organizational challenges that delayed its earnings report.
Senate Probes Possibility of Collusion Between Big Oil, OPEC
A Senate panel is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer colluded with the cartel.
June 28, 2024Clean Fuels Alliance Sues EPA Over Phase 3 Emissions Rule
The Clean Fuels Alliance America filed a lawsuit against EPA for adopting a heavy-duty truck regulation that the group claims fails to evaluate the use of biodiesel and renewable diesel.
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.
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.
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, 2024House 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.
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.
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.