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.
Update: Federal Funding Bill Tops 2024 Agenda
It was late into 2023 when Rep. Mike Johnson (R-La.) first addressed the U.S. House of Representatives in his new role as Speaker of the House, but Johnson hit the ground running.
January 5, 2024Amazon Captured 29% of Online Orders Before Christmas
Amazon's share of online orders spiked in the final days of the holiday season, showing how big investments in delivery speed paid off as shoppers sought out products they could get quickly.
Kia, Toyota, Ford Earn 2024 APA North American Awards
The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Ford’s Super Duty pickup won the truck award.
January 4, 2024Secretary Buttigieg to Headline Annual TRB Conference
Transportation Secretary Pete Buttigieg is among the senior officials headlining the Transportation Research Board meeting this year.
November Used Class 8 Sales Rise 2% Year-Over-Year
Used Class 8 truck sales rose just shy of 2% year-over-year in November to 20,500 units from 20,100 vehicles, ACT Research reported.
Spot Container Shipping Rates Soar 173% on Red Sea Threats
Short-term rates for container shipping between Asia, Europe and the U.S. are climbing on reduced capacity caused by the threats to cargo vessels in the Red Sea.
GM Misses 2023 EV Goal by Half as Production Woes Persist
General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.
ATRI Asks Truckers for Views on Barriers to Female Drivers
The American Transportation Research Institute launched a survey seeking responses from both male and female drivers on barriers women face in pursuing driving careers.
Carmakers End 2023 With High Rates, Prices Affecting Sales
U.S. auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers.
Truck Parking Eyed in Planning for Rest Area Site in Oregon
Planning is underway to revitalize a heavily congested rest area on Mount Hood in Oregon that would include truck parking spaces.