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, Logistics

Port of Los Angeles Imports Fell 4.5% in May

Imports at the Port of Los Angeles remained above the pre-pandemic peak in the first five months of 2024 despite ticking down in May compared to a year before.

Laura Curtis | Bloomberg News
June 13, 2024
Business, Technology, Equipment

Developer Uptake Launches Tire Air Pressure Management Tool

Analytics specialist Uptake is set to launch a product suite intended to aid carriers’ tire management and improve fuel efficiency.

Keiron Greenhalgh | Staff Reporter
June 13, 2024
Business, Fuel

Honda Launches Long-Awaited Electric Van Starting at $15,550

Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.

Supriya Singh | Bloomberg News
June 12, 2024
Business, Technology, Safety

Software to Allow Fleets to Make Sure Drivers Buckle Up

A software tool launching in the third quarter of 2024 is set to allow carriers to make sure drivers are buckled up before they set off, the developer said.

Keiron Greenhalgh | Staff Reporter
June 12, 2024
Business, Equipment, Breaking News

US Class 8 Sales Fall 18% in 10th Straight Month of Declines

U.S. Class 8 retail sales hit their 10th consecutive month of year-over-year shortfalls in May, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
June 12, 2024
Government, Business

Tennessee in July to Curb Predatory Vehicle Booting, Towing

In a move to combat predatory towing in the state, after July 1 Tennessee will prohibit installation of a boot on any truck or trailer clearly identified as a commercial vehicle.

Noël Fletcher | Staff Reporter
June 12, 2024
Government, Business, Technology, Safety

Thieves Target EV Charging Stations for Copper Wiring

Thieves have been targeting EV charging stations, intent on stealing the cables, which contain copper wiring.

Tom Krisher | Associated Press
June 12, 2024
Government, Business

US Inflation Cooled in May

WASHINGTON — Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. 

Christopher Rugaber | Associated Press
June 12, 2024
Business, Logistics, For-Hire

FedEx to Cut Up to 2,000 Europe Jobs

FedEx Corp. plans to cut as many as 2,000 jobs in Europe, the latest move by the package delivery giant to streamline its global workforce and rein in costs.

Cailley LaPara | Bloomberg News
June 12, 2024
Government, Business, Logistics

Traffic Resumes Through Port of Baltimore

BALTIMORE — Authorities anticipate commercial shipping traffic through the Port of Baltimore will soon return to normal levels since the channel fully reopened earlier this week.

Lea Skene and Brian Witte | Associated Press
June 12, 2024