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.
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.
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.
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.
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.
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, 2024TFI 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.
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.
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.
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.
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.