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.

Government, Business, Technology, Fuel

Key EV Battery Material Can Come From Methane

Graphite is key to manufacturing the lithium-ion batteries that power electric cars, and there has been a push to grow a U.S. supply chain.

June 20, 2024
Government, Business, Technology, Autonomous, TCA

California Lawmaker Pulls Bill on Autonomous Vehicles

The tech sector has declared victory after California state Sen. Dave Cortese withdrew SB 915, which would change how self-driving cars are regulated, from consideration this week.

Andrew Sheeler | The Sacramento Bee
June 20, 2024
Government, Business, Technology, Autonomous

Joby Says FAA OKs In-House Software for Air Taxi Service

Joby Aviation said it received regulatory clearance to use software products that the electric aviation startup has developed in-house since acquiring Uber’s air taxi division in 2021.

Allyson Versprille | Bloomberg News
June 20, 2024
Business, Equipment, Safety

Road to NTDC Spotlight: Andrew Lewis

When Andrew Lewis, 22, competed in Maine's state truck driving championship May 18, he kicked off the fourth generation of “roadeo” competitors for the Lewis family.

Eugene Mulero | Senior Reporter
June 20, 2024
Business, Logistics, Private, Global Freight

Amazon Is Shifting to Recycled Paper Filling for Packages

Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it’s more environmentally sound, and it says paper just works better.

Michelle Chapman | Associated Press
June 20, 2024
Business, Technology, Autonomous

Chipmaker Nvidia Becomes Most Valuable Company in S&P 500

Nvidia’s startling ascent in the stock market reached another milestone June 18 as the chipmaker rose to become the most valuable company in the S&P 500.

June 18, 2024
Business, Logistics

Private Equity Firms Invest in RPM Freight Systems

RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.

Keiron Greenhalgh | Staff Reporter
June 18, 2024
Business, Logistics

What's That? Less-Than-Truckload (LTL)

Less-than-truckload shipping is used to transport freight that doesn’t require a full truckload trailer. In general, most LTL shipments weigh between 500 and 15,000 pounds, and are shipped on pallets and only require a portion of a trailer. Since LTL shipments don’t use an entire truck, free space on the truck is often shared by other shipments from other shippers or carriers.

June 18, 2024
Business, Technology, Logistics, Autonomous, For-Hire

Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks

Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.

Keiron Greenhalgh | Staff Reporter
June 18, 2024
Business, Equipment

May Medium-Duty Sales Decline 6% Year-Over-Year

U.S. retail sales for medium-duty trucks declined year-over-year in May after six consecutive months of gains, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
June 18, 2024