Business
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.
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.
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.
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.
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.
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.
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.
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.
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, 2024Senate Passes Diesel Emissions Reduction Bill Update
Legislation updating the Diesel Emissions Reduction Act was recently passed in the U.S. Senate.
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.