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, Safety, Autonomous

Judge: Tesla Must Face Suit Alleging Buyers Were Misled

Tesla must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a U.S. district judge ruled May 15.

Rachel Graf | Bloomberg News
May 15, 2024
Government, Business, Safety

Bridge From Galveston to Island Closes After Barge Strike

A bridge connecting Galveston, Texas, with a small nearby island was shut down after a barge strike.

Juan Lozano | Associated Press
May 15, 2024
Business, Logistics

Executives, Analysts See Less Cloudy Truckload Market Outlook

The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.

Keiron Greenhalgh | Staff Reporter
May 15, 2024
Business, Equipment, Fuel

Range, Thermo King Team Up on Electric Reefer Trailer Pilots

Range Energy is teaming up with Thermo King to investigate the possibilities for electric refrigerated trailers, the companies said May 9.

Keiron Greenhalgh | Staff Reporter
May 15, 2024
Government, Business, For-Hire

Infrastructure Stakeholders Renew Calls for Funding

WASHINGTON — Approving legislation that promotes funding for safety programs and supply chain connectivity is atop the priority list for infrastructure stakeholders.

Eugene Mulero | Senior Reporter
May 15, 2024
Business

Truck Driver Recruitment Refocused on Pay During Q1

Truck driver recruitment and retention continued to face downward pressure in the first quarter, but there have been signs that competition for their service is starting to increase.

Connor D. Wolf | Staff Reporter
May 15, 2024
Business, Technology, Logistics

Uber to Launch Shuttle Buses at Airports, Concert Venues

Uber Technologies is launching shuttle bus services to and from airports, concert venues and sports stadiums, bringing a lower-cost service already available overseas to the U.S.

Natalie Lung | Bloomberg News
May 15, 2024
Business, Equipment

April Medium-Duty Sales Continue Year-Over-Year Gains

U.S. retail sales for medium-duty trucks hit their sixth consecutive month of year-over-year gains in April, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
May 15, 2024
Government, Business, Technology, Autonomous, TCA

Motional Halts Las Vegas Commercial Self-Driving Operations

Autonomous vehicle company Motional is halting its Las Vegas commercial self-driving operations and laying off 129 Southern Nevada employees.

Mick Akers | Las Vegas Review-Journal
May 15, 2024
Government, Business, Technology, Safety, Autonomous

Spate of Self-Driving Probes Points to Higher Safety Bar

Companies offering driver-assistance systems and developing autonomous vehicles are entering a new phase of more exacting oversight.

Keith Laing | Bloomberg News
May 15, 2024