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.
Driver Recruitment Rolls On Amid 2023 Freight Downturn
The demand for professional truck drivers continued to show signs of activity this year despite an overall slowdown in the freight market.
Truck Tonnage Falls 1.2% in November
Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.
White House Backs Effort to Standardize Tesla Charging Plugs
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Maersk Sails South of Africa to Avoid Red Sea Conflict Area
Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.
Retailers Improve Delivery Speeds
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
Deutsche Bahn to Sell Logistics Unit Schenker
BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.
December 19, 2023Diesel Falls to Its Lowest Price Since Mid-July
Diesel prices shed nearly another dime in the eighth consecutive weekly decline of the national average, the Energy Information Administration reported Dec. 18.
December 18, 2023Two Carriers Pay Fines for California Pollution Violations
Two interstate companies operating heavy-duty truck fleets in California agreed to legal settlements with the U.S. Environmental Protection Agency.
Wreath-Laying Holds Multiple Meanings for Georgia Truckers
ARLINGTON, Va. — Husband-and-wife driving team Ron and Lea Eppich of Calhoun, Ga., came to Arlington National Cemetery with a truckload of wreaths on Wreaths Across America Day on Dec. 16.
Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.