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, Safety

Achieving a Return on Safety

In this guide, we’ll show you the bones of an integrated and data-driven approach to safety that boosts your bottom line — and the extra business benefits you can unlock. Learn how to optimize your safety program to capture, integrate and analyze contextualized data using telematics. 

June 1, 2024
Business, Technology

CX is Mission-Critical

Today, with high customer expectations defining industry standards, it's vital to assess your CX. Download this report to explore CX challenges and opportunities in transportation and logistics, highlighting strategies for better satisfaction, ROI, and AI's role in enhancing service efficiency and engagement.    

June 1, 2024
Government, Business, Fuel

US Diesel Demand Hits 26-Year Seasonal Low in March

U.S. diesel demand plummeted to its lowest seasonal level in 26 years in March, driven by slowing economic growth.

Julia Fanzeres | Bloomberg News
May 31, 2024
Government, Business, Logistics

Ohio Coordinates ‘Super Load’ Cargo Movements on Trucks

Ohio transportation officials are coordinating the movements of several trucks carrying “super loads” of cargo weighing up to 900,000 pounds.

Noël Fletcher | Staff Reporter
May 31, 2024
Business, Technology

60 Seconds: Volvo to Test Customer Hydrogen ICE Trucks in 2026

Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade, the parent company of Volvo Trucks North America and Mack Trucks said May 23. 

May 31, 2024
Business, Equipment

CIE Cleared of Chinese-Related Antidumping Allegations

CIMC Intermodal Equipment was cleared by federal officials of allegations that it evaded antidumping duties on chassis and subassemblies from China.

Connor D. Wolf | Staff Reporter
May 31, 2024
Government, Business, Technology, Equipment, TCA

EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink

NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.”

George Avalos | The (San Jose) Mercury News
May 31, 2024
Business, Technology, Equipment, TCA

Parts Suppliers Fear a Crash With Shift to EVs

Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.

Mike Magner | CQ-Roll Call
May 31, 2024
Government, Business

Inflation Gauge Rises at Slowest Pace This Year

WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.

Christopher Rugaber | Associated Press
May 31, 2024
Business, Equipment, Fuel

Sources: Hertz Is Exploring Options for Raising Financing

Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.

May 30, 2024