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

Inflation Eased in April in the First Slowdown of 2024

WASHINGTON — Consumer inflation in the U.S. cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve.

Christopher Rugaber | Associated Press
May 15, 2024
Business, Safety

XPO’s Larry Gorby Punches Ticket to NTDC

Larry Gorby shuns self-congratulatory moments, even after the XPO driver took grand champion honors at West Virginia’s truck driving championships.

Eugene Mulero | Senior Reporter
May 14, 2024
Government, Business, Fuel

US Cites Threat of Chinese EVs Made in Mexico as Trade Worry

The Biden administration is keeping an eye on attempts by Chinese companies to export cars from Mexico into the United States.

Eric Martin | Bloomberg News
May 14, 2024
Business, Technology, Equipment, Fuel, Logistics, Private, Global Freight

Amazon Chooses Volvo VNR Electric as First Class 8 BET in US

E-commerce giant Amazon.com Inc. plans to deploy 47 Volvo VNR Electric tractors across its Southern California operations, its first Class 8 battery-electric trucks.

Keiron Greenhalgh | Staff Reporter
May 14, 2024
Government, Business, Technology, Safety, Fuel

Trucking Leaders Discuss Industry Trends, Key Concerns

PHOENIX — Stakeholders shared the latest information on issues affecting the trucking industry during ATA's Safety, Security and Human Resources National Conference and Exhibition.

Mindy Long | Special to Transport Topics
May 14, 2024
Government, Business, Technology, Equipment

FMCSA Grants Freight Hauler Exemption for Intellistop System

Federal regulators have granted a five-year exemption to fuel hauler Gemini Motor Transport to operate a flashing brake light system manufactured by Intellistop Inc.

Eric Miller | Senior Reporter
May 14, 2024
Government, Business

Arizona to Train CDL Students With Help From Scholarships

Starting this summer, future truck drivers seeking CDL training at nine Arizona community colleges will get financial help thanks to a $4.5 million workforce scholarship program.

Noël Fletcher | Staff Reporter
May 14, 2024
Business, Logistics

XPO Opens Three New Facilities Acquired From Yellow Closure

XPO recently opened three new facilities that were acquired by the less-than-truckload carrier as part of the Yellow Corp. bankruptcy.

May 14, 2024
Government, Business, Fuel

Senate Passes Diesel Emissions Reduction Bill Update

Legislation updating the Diesel Emissions Reduction Act was recently passed in the U.S. Senate.

Eugene Mulero | Senior Reporter
May 14, 2024
Business, Equipment, Fuel, Logistics, For-Hire

Ryder: Switching to a Class 8 EV May Double Vehicle Costs

A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.

Keiron Greenhalgh | Staff Reporter
May 14, 2024