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, Equipment

Whiting to Make Lightweight Doors for Green Delivery Trucks

New York state economic development incentives helped persuade Whiting Door Manufacturing Corp. to invest $4 million to expand its Akron facility. 

Noël Fletcher | Staff Reporter
December 13, 2023
Business, Technology, Equipment, Safety

2022 Rush Technician Rodeo Winner Returns to Competition

SAN ANTONIO — Rush Enterprises technician Paul Crawford advanced to the final round in the company’s annual technician challenge, hoping to defend his grand champion title.

Connor D. Wolf | Staff Reporter
December 12, 2023
Business, Logistics, For-Hire

Court Approves Sale of 128 Yellow-Owned Terminals

A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.

Keiron Greenhalgh | Staff Reporter
December 12, 2023
Government, Business, Logistics

GSA to Overhaul Remote Alaskan Border Facility

The U.S. is planning to rebuild an aging land entry port along a remote Alaskan freight route where document exchanges take place in temperatures that often plunge 50 degrees below zero.

Noël Fletcher | Staff Reporter
December 12, 2023
Government, Business

US Argues Trevor Milton Needs Long Prison Term as Deterrent

Nikola Corp. founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, U.S. prosecutors said.

Chris Dolmetsch | Bloomberg News
December 12, 2023
Business, Equipment

Daimler Vocational Models Add New Transmission Option

Eaton Cummins Automated Transmission Technologies’ Endurant XD automated transmission is now available for three vocational Western Star and Freightliner models, the joint venture said Dec. 11.

Keiron Greenhalgh | Staff Reporter
December 12, 2023
Business, Technology

Ford Cuts Electric F-150 Plans in Ominous Sign for EV Market

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.

Keith Naughton | Bloomberg News
December 12, 2023
Government, Business

60 Seconds: FMCSA Administrator Set to Appear Before House Panel

Federal Motor Carrier Safety Administration's Robin Hutcheson will discuss implementation of the 2021 infrastructure law. Read more in Capitol Agenda.

December 12, 2023
Government, Business, Safety, Logistics

Congressional Committees Eye Water Resources Act for 2024

Legislation meant to improve connectivity along the nation’s commercial waterways is on transportation policymakers’ radar for 2024.

Eugene Mulero | Senior Reporter
December 12, 2023
Government, Business, Safety

FMCSA Issues Notice of Sexual Assault Enforcement Policy

FMCSA has issued a notice of enforcement policy that regulations require disqualification of drivers convicted of using a commercial motor vehicle to commit felony sexual assault.

Eric Miller | Senior Reporter
December 12, 2023