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, TCA

Texas Logistics Company Ceases Operations

Humble, Texas-based U.S. Logistics Solutions told 2,000 employees that the company was ceasing operations and they would not receive paychecks.

Allyson Ackerman | Houston Chronicle
June 25, 2024
Government, Business, Equipment, Safety, TCA

Ford Recalls Over Half a Million 2014 F-150 Pickup Trucks

NEW YORK — Ford Motor Co. on June 25 issued a recall for over half a million F-150 pickup trucks from the year 2014.

dpa | Hamburg, Germany
June 25, 2024
Business, Technology, Logistics, Autonomous

Aurora Innovation, Uber Freight Launch Driverless Program

Uber Freight and Aurora Innovation are launching a program aimed at providing carriers with early access to over a billion miles of driverless deliveries, the companies announced June 25.

Connor D. Wolf | Staff Reporter
June 25, 2024
Government, Business, Logistics

Maine’s New Madawaska Bridge to Canada Opens

A new bridge and land port of entry between Maine and Canada has opened, the culmination of a $97.5 million project to build a larger structure to replace a 104-year-old span.

Noël Fletcher | Staff Reporter
June 24, 2024
Government, Business, Fuel, Logistics

Supreme Court to Consider Approval for Utah Rail Project

WASHINGTON — The Supreme Court agreed to consider reviving a critical approval for a railroad project that would carry crude oil and boost fossil fuel production in rural eastern Utah.

June 24, 2024
Business, For-Hire

TFI Inks Fifth ’24 Takeover With Tank Truck Carrier Purchase

TFI International acquired Entreposage Marco Inc. for an undisclosed sum, its fifth takeover in 2024 and second of a food-grade liquids hauler, the company announced in a LinkedIn post.

Keiron Greenhalgh | Staff Reporter
June 24, 2024
Business, Technology, Equipment, Fuel

Cellcentric Begins Pilot Hydrogen Fuel Cell Production in Germany

Cellcentric began pilot production of hydrogen fuel cells June 20 at its Esslingen plant in Germany, the joint venture between Daimler Truck and Volvo Group said.

Keiron Greenhalgh | Staff Reporter
June 24, 2024
Government, Business, Equipment, Fuel, Perspective

Perspective: EPA’s GHG Phase 3 Rule Needs Fixing

One of my guiding principles, both personally and professionally, is to fix the problem. The commercial truck industry definitely has a problem to fix, writes ATD Chairman Scott Pearson.

Scott Pearson | Chairman, American Truck Dealers
June 24, 2024
Government, Business, Technology

BlackSuit Gang Blamed in Cyberattack on Car Dealers

A hacking group called BlackSuit is behind the cyberattack on CDK Global that has paralyzed car sales across the U.S., according to Allan Liska, a threat analyst at the security firm Recorded Future Inc.

Charles Gorrivan | Bloomberg News
June 24, 2024
Government, Business, Safety, Logistics

Dali Cargo Ship Leaves Baltimore for Virginia

The cargo ship Dali headed out of Baltimore for Virginia, three months after it lost power and crashed into one of the Key Bridge’s supporting columns and caused the bridge to collapse.

Brian Witte | Associated Press
June 24, 2024