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.
3PL Total Distribution Adds to Ohio Operations
Third-party logistics specialist Total Distribution Inc. bought D+S Distribution and Integrated Logistics Services for an undisclosed sum, the Peoples Services Inc. subsidiary said.
Poll: Many Americans Still Shying Away From EVs
WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.
Mercedes and Stellantis Press Pause on EV Battery Factories
Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.
House Lawmakers Introduce Moving Protection Bill
Legislation that aims to increase protections for people moving personal property was recently introduced in the U.S. House of Representatives.
Tractor Supply Opens Its Largest Multistate Distribution Center
Tractor Supply Co. will open the company’s largest distribution center in Arkansas to supply products for local e-commerce orders and 250 stores in the Southeast, Midwest and Texas.
Diesel, Gas Prices to Rise July 1 in Five States
Routine fuel tax increases take effect July 1 in California, Illinois, Indiana, Missouri and Virginia, while an effort to boost fuel taxes and fees on EVs is causing controversy in New Jersey.
Trucking Attorneys Need to Get Aggressive, Expert Says
INDIANAPOLIS — Litigation psychologist Bill Kanasky has words of advice for truckers and their attorneys facing potential nuclear verdicts: Get in the game early and get more aggressive.
Hendrickson Buys Truck Suspension Specialist Reyco Granning
Hendrickson bought fellow truck suspension manufacturer Reyco Granning for an undisclosed sum, it said June 4.
Peterbilt Introduces CARB-Compliant MX-13 Engine
Peterbilt Motors Co. announced that a California-compliant version of the Paccar MX-13 diesel engine is now available in its Model 579, Model 567 and Model 589 trucks.
REPLAY: GENERATE - Technology Learning Sessions
Join us for conversations that will help you discover the opportunities and challenges that artificial intelligence offers the industry, and learn how you can effectively deploy AI to boost your business operations Reserve your seat for this half-day virtual event with learning sessions dedicated to generating specific insights for fleet technology and operations decisionmakers.
June 4, 2024