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.
Walmart Expands Rollout of Generative AI Search on App
Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.
Bosch Bets on Hydrogen for EV Trucking Future
LAS VEGAS — Bosch has gone all-in on hydrogen, seeing it as a key pathway to making trucking more sustainable, executives at the company explained Jan. 8 during CES 2024.
Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor
Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.
Dual Biden Laws Give EPA Expanded Powers, Official Says
WASHINGTON — Two Biden administration-backed laws are enabling the U.S. Environmental Protection Agency to expand its Clean Air Act authorities to transform the trucking industry.
Hydrogen Energy Back in the Vehicle Conversation at CES
While EVs are gaining most of the attention for carbon-neutral technology at CES 2024, hydrogen energy has snuck its way back into the conversation thanks to two automotive giants.
Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.
Truck Parking Front and Center at TRB
WASHINGTON — Transportation officials meeting at the Transportation Research Board Annual Meeting heard several proposals to solve the truck parking shortage.
Current Stock Prices for Trucking, Logistics Companies
Same-day data for publicly traded trucking and transportation stocks in the autonomous, truckload, less-than-truckload, package, logistics and leasing categories.
January 9, 2024EV-Charging Firms Could Struggle With Finances in 2024
U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.
60 Seconds: Port Leaders Enter 2024 With Cautious Optimism
The shipping industry is keeping a watchful eye on developments in Panama Canal, Middle East. Story by Dan Ronan.
January 9, 2024