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, Safety, Logistics

NYC Congestion Plan Would Charge Business District Drivers

Most drivers would pay $15 to enter Manhattan’s business district under a plan released by New York officials Nov. 30, the first such program in the U.S. if approved by officials next year.

Karen Matthews | Associated Press
December 1, 2023
Government, Business, Fuel, Global Freight

Shipping Giants Want End Date for Fossil Fuel-Only Vessels

Europe’s biggest container lines want to phase out ships powered only by fossil fuels, they say in a proposal jointly made by Mediterranean Shipping Co., Maersk, CMA CGM and Hapag-Lloyd.

Jack Wittels and Tara Patel | Bloomberg News
December 1, 2023
Government, Business, Safety, TCA

Grants Expand Eastern Iowa Colleges’ Truck Driving Program

Eastern Iowa Community Colleges has received more than $875,000 in grants to expand its truck driving/commercial truck driving program.

Olivia Allen | Moline Dispatch and Rock Island Argus, Ill.
November 30, 2023
Business, Technology, Equipment

Tesla Cybertruck to Start at $60,990 as Deliveries Commence

After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.

Dana Hull and Ed Ludlow | Bloomberg News
November 30, 2023
Business, Equipment, Safety, Fuel

Navistar Sustainability Push Gathers Steam

Navistar’s sustainability commitments go back more than 20 years, but in 2023, it has sharpened its focus.

Keiron Greenhalgh | Staff Reporter
November 30, 2023
Business, Technology

BMW, Mercedes to Set Up Joint EV Charging Network in China

BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026.

Wilfried Eckl-Dorna | Bloomberg News
November 30, 2023
Government, Business

ATA Criticizes Legislative Proposal on Trucker Compensation

American Trucking Associations is leading opposition to legislation in Congress aiming at recasting how certain commercial drivers are compensated.

Eugene Mulero | Senior Reporter
November 30, 2023
Business, Safety

FMCSA Warning: Drivers Who Drug-Test Positive Will Lose CDLs

“By November 18, 2024, as part of new federal regulations, drivers with a ‘prohibited’ status in the Drug and Alcohol Clearinghouse will lose or be denied their state-issued commercial driving privileges.” FMCSA warns truck drivers who drug-test positive will lose their CDLs starting late next year.

November 30, 2023
Business, Equipment

October Used Class 8 Sales Up 7% Year-Over-Year

Used Class 8 truck sales in October increased 7% year-over-year to 21,500 units from 20,100 units, ACT Research reported.

Connor D. Wolf | Staff Reporter
November 30, 2023
Government, Business

ATRI Analysis Looks at Predatory Truck Towing

Nearly 30% of crash-related truck towing invoices included excessive rates or unwarranted additional charges, according to an American Transportation Research Institute analysis.

Eric Miller | Senior Reporter
November 30, 2023