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.
Eaton, BAE Systems Partner on E-Powertrain Offerings
MARSHALL, Mich. — Eaton and BAE Systems, through an expanded partnership, provided a demonstration of their powertrains and charging solutions for medium-duty electric vehicles.
Perspective: How Refrigerated Trucking Delivers for Summer
During the summer, consumers purchase more produce and fresh blooms. Behind the scenes, the logistics industry takes certain steps for transporting these goods safely and efficiently.
CSX Plans Infrastructure Work at Maryland Yard
CUMBERLAND, Md. — Infrastructure improvements at CSX’s Cumberland yard will increase capacity and allow railcars that previously couldn’t move through the yard to do so, the company said.
June 17, 2024The $25,000 Electric Car Is Coming to US Soon
With signs of slowing growth in the premium EV market, manufacturers have been working on a pivot from luxury to practicality. The $25,000 economy electric car is the industry’s new target.
Tesla Cybertruck Deliveries Delayed Over Wipers
Tesla Inc. has halted Cybertruck deliveries because of a problem with its windshield wiper, Electrek reported.
IEA: China’s Binge on US Fuel Is Biggest Oil Demand Driver
Chinese purchases of a relatively niche type of fuel from the U.S. have been the single biggest contributor to global oil demand growth in recent years, the International Energy Agency said.
NTSB to Approve East Palestine Report June 25
WASHINGTON — This month, the National Transportation Safety Board is scheduled to approve its investigative findings about a freight train derailment last year in East Palestine, Ohio.
Tesla Driver Tells Police He Was Using ‘Self-Drive’ in Crash
DETROIT — A Tesla apparently operating on one of the company’s automated driving systems crashed into a parked police vehicle June 13 near Los Angeles.
Panama Canal Averts Shipping Crisis With Its Water Plan
The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with careful water management — and a little bit of luck.
World Container Shipping Rates Keep Rising
Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.