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.

Business, Technology, Autonomous, Global Freight

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.

Keiron Greenhalgh | Staff Reporter
June 3, 2024
Business, Safety

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.

Eugene Mulero | Senior Reporter
June 3, 2024
Business, Technology, Logistics, Private

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.

Stephen Bennett | Special to Transport Topics
June 3, 2024
Government, Business, Safety, Logistics, TCA

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.

June 3, 2024
Government, Business, Logistics

CalAmp Files Bankruptcy to Complete Restructuring

CalAmp Corp., which develops business software designed to track vehicles and improve company logistics, has filed bankruptcy to complete a lender-backed plan to cut debt.

Jonathan Randles | Bloomberg News
June 3, 2024
Government, Business, Safety, Logistics, Global Freight

Ships Diverted From Red Sea Send Ripple Effects Across Globe

Nearly six months into the Houthis’ relentless campaign to protest Israel’s war in Gaza, the economic fallout is widening.

Brendan Murray | Bloomberg News
June 3, 2024
Business, Fuel

OPEC+ Extends Supply Cuts Amid Slack Prices

FRANKFURT, Germany — Saudi Arabia and allied oil producing countries on June 2 extended output cuts through next year, a move aimed at supporting slack prices.

David McHugh | Associated Press
June 3, 2024
Business, Fuel

Mobil Delvac™ oils give race car haulers winning edge

A change to Mobil Delvac™ Extreme FE 10W-30 FA-4 diesel engine oil made the team’s car haulers more efficient, needing only one oil change during race season and saving nearly 900 gallons of diesel fuel. 

June 1, 2024
Business, Equipment

Celebrating Your Drivers Can Be Very Rewarding

Discover how celebrating your drivers with a thoughtful, uniform-led benefit program can help jumpstart your driver retention program, increase job satisfaction, and drive your transportation business to even greater success.

June 1, 2024
Business, Technology

How Are You Leveling Up Your Freight Brokerage?

The experts at Tai Software have identified 8 common areas of improvement in your processes. When not optimized, these areas cause inefficiencies that make it difficult to be profitable. Download the ebook, Don't Let Inefficiency Eat Your Bottom Line Today.

June 1, 2024