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.
REPLAY: ROTATE - Learning Sessions for Equipment and Maintenance Executives
Join us for conversations that will help you ensure your fleet and your trucks put their best foot forward with the right tire management strategy.
April 30, 2024Stellantis Shipments Fall Amid Transition to New Vehicles
Stellantis NV said its first-quarter revenue decreased 12% to $44.7 billion compared to last year as the company transitions to making a number of next-generation vehicles.
Air Products Plans Alberta Hydrogen Truck Refueling Network
Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.
Ryder Continues Cross-Border Expansion With New Facility
Ryder System is opening a second multiclient logistics facility at a U.S.-Mexico port to take advantage of the recent nearshoring trend, the company announced April 29.
DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
US to Require Automatic Emergency Braking on New Vehicles
DETROIT — In the not-too-distant future, automatic emergency braking will have to come standard on all new passenger vehicles in the United States.
Finnish Fuel Maker Neste Starts CEO Search as Lehmus to Exit
Neste Oyj, a Finnish maker of renewable diesel, will begin a search for a new CEO, as Matti Lehmus stepped down after just two years in the role.
Tesla Stock Leaps on Reports of Chinese Approval of FSD
NEW YORK — Shares of Tesla stock rallied April 29 after CEO Elon Musk paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.
April 29, 2024Peterbilt Introduces Additional Mirrors for 579, 567 Models
Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.
Kansas Gains $76.5 Million Window, Door Maker Logistics Hub
The Marvin Cos. plans to build a $76.5 million window and door manufacturing facility in Kansas City, Kan., that will boast 600 employees, including truck drivers, within four years.