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

Virginia Won’t Enforce New California Emissions Rules

Virginia is giving the boot next year to California’s electric vehicle mandates and will no longer be legally obligated to follow its emissions regulations.

Noël Fletcher | Staff Reporter
June 7, 2024
Government, Business, Fuel

Kentucky Gov. Beshear Pushes Back on Trump-Led EV Attacks

FRANKFORT, Ky. — EVs have built up enough momentum from job growth and investments to steer past any roadblocks from Donald Trump and other critics, Kentucky Gov. Andy Beshear said.

Bruce Schreiner | Associated Press
June 7, 2024
Business, Technology

Some Long-Range EVs Now Cost Less Than Average New Car in US

The automotive industry has produced the first long-range EVs that are cheaper to buy than the average gas-powered car.

Tom Randall | Bloomberg News
June 7, 2024
Business, Equipment

Stellantis Loses Another Executive Amid Slow Sales

Jim Morrison, former U.S. head of the Jeep and Ram brands, has left Stellantis, adding to a string of executive departures as the automaker grapples with sluggish sales.

Gabrielle Coppola | Bloomberg News
June 7, 2024
Government, Business

Employers Added a Robust 272,000 Jobs in May

WASHINGTON — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring.

Christopher Rugaber | Associated Press
June 7, 2024
Business, Safety, Logistics

What's That? Intrusion Detection Systems (IDS)

Because of large revenue pools, cybersecurity experts recognize trucking as one of the most cyberattacked industries of today. Intrusion detection systems (IDS) are designed to protect you from cyberattacks.

June 6, 2024
Business, Technology, For-Hire

NFI Buys Transfix’s Freight Brokerage Operation

NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.

Keiron Greenhalgh | Staff Reporter
June 6, 2024
Business, Technology, Equipment, Safety, For-Hire

ABF Freight Seeks to Boost Safety With Trailer Sensors

ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.

Keiron Greenhalgh | Staff Reporter
June 6, 2024
Government, Business

House Passes FY25 Funding Bill for Veterans, Military

The House Republican caucus is pressing for passage of fiscal 2025 funding bills to avert the long-term threat of a shutdown and clear the legislative calendar prior to the November elections.

Eugene Mulero | Senior Reporter
June 6, 2024
Government, Business, Safety, Logistics

Maryland Senator Presses for Baltimore Aid

WASHINGTON — Sen. Ben Cardin of Maryland renewed calls for colleagues to endorse emergency aid for rebuilding the Port of Baltimore area and the collapsed Francis Scott Key Bridge.

Eugene Mulero | Senior Reporter
June 6, 2024