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.
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, 2024Trucking Leaders Discuss Impact of Safety Culture on Operations
INDIANAPOLIS —Trucking and insurance executives at a TCA session offered advice on how leaders can adopt technologies and impact their companies’ safety culture from the executive suite.
Maersk Raises Profit Outlook
A.P. Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.
Bankrupt Yellow May Start New REIT Using Empty Terminals
Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.
International Paper Seeks to Reassure DS as Suzano Plots Bid
International Paper Co.’s top boss traveled to London to reaffirm his company’s commitment to merger partner DS Smith, downplaying a takeover offer from Suzano.
South Accounts for Lion’s Share of Factory Construction Boom
States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.
Einride Becomes Peterbilt’s Biggest BET Customer
Einride will buy 150 Model 579EV battery-electric trucks from Peterbilt, the truck maker’s biggest EV order so far, the companies said.
Oregon Champ Shamrell Excited to Make Familiar Trek
After winning his 10th Oregon grand championship, FedEx Freight 3-axle driver Dan Shamrell is preparing to compete in his 18th NTDC.
Truck-Specific Navigation Software Offers Safety, Efficiency
As navigation and routing software applications grow more granular, developers are working to integrate pertinent data to support safe, efficient fleet operations.
Full Port of Baltimore Channel Set to Open by June 10
The Army Corps of Engineers now expects to have the full Federal Channel into Port of Baltimore open by June 10 at the latest, a slightly later target than their original timeline of late May.