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, Logistics, Global Freight

CMA CGM, Subsidiary Ceva to Buy UK Logistics Firm Wincanton

French shipping giant CMA CGM SA agreed to buy U.K. logistics company Wincanton Plc, part of the billionaire Saade family’s buying spree to diversify its transport operations.

Tara Patel | Bloomberg News
January 19, 2024
Business, Technology

AI, Edge Computing Are Shaping the Future of Fleet Telematics

With trucks and in-cab technology generating data, fleet telematics providers are harnessing artificial intelligence to transform that information into valuable business insights.

Stephen Bennett | Special to Transport Topics
January 19, 2024
Business, Private

Walmart Boosts Managers’ Base Pay, Redesigns Bonus System

NEW YORK — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.

Anne D'Innocenzio | Associated Press
January 18, 2024
Business, Safety

ATA Announces America’s Road Team Captains for 2024-25

American Trucking Associations on Jan. 16 unveiled the 24 professional truck drivers who were selected to be part of the 2024-25 America’s Road Team.

Connor D. Wolf | Staff Reporter
January 18, 2024
Government, Business, Technology, Equipment, Fuel

SuperTruck II Innovations Could Help With Emissions Targets

LAS VEGAS — Aerodynamic innovations developed for the Peterbilt SuperTruck II could enter service sooner rather than later to help comply with forthcoming emissions regulations.

Keiron Greenhalgh | Staff Reporter
January 18, 2024
Government, Business, Logistics

Cargo Processing in Texas Improved at Del Rio Land Port

Better processing of commercial vehicles by the U.S. Customs and Border Protection in Texas at the Del Rio Port of Entry is resulting from a small donated infrastructure project.

Noël Fletcher | Staff Reporter
January 18, 2024
Business, Technology, Equipment, Fuel

Nikola Advances Hydrogen Refueling Infrastructure Buildout

Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.

Keiron Greenhalgh | Staff Reporter
January 18, 2024
Government, Business, Fuel, Logistics

Port of Long Beach CEO Cordero Details Upcoming Projects

Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.

Dan Ronan | Senior Reporter
January 18, 2024
Business, Equipment

Trailer Orders Continue Sequential Improvements in December

U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.

Connor D. Wolf | Staff Reporter
January 18, 2024
Business

Update: Port of LA Leader Outlines 2024 Goals

"The Port of Los Angeles ranks as the nation’s No. 1 container port,” Gene Seroka emphasizes. In the annual State of the Port address, the executive director detailed his vision for the port regarding economic growth and environmental actions. 

January 18, 2024