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

Aim Transportation Expands Into West Virginia, Indiana

Aim Transportation Solutions expanded its operations to meet the needs of customers in West Virginia and Indiana, the company announced April 26.

Connor D. Wolf | Staff Reporter
April 29, 2024
Business, Logistics, Global Freight

DHL Expands Retail Presence in D.C. Area

DHL expanded its network of retail locations by introducing a store in Fairfax, Va., the company announced April 23.

Connor D. Wolf | Staff Reporter
April 29, 2024
Business, Equipment

Traton Profits Rise on Higher Prices, 'Favorable' Markets

Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.

Keiron Greenhalgh | Staff Reporter
April 29, 2024
Business, Fuel

Oil Producers Flush With Cash Cut Reliance on Funding Markets

Last year, the demand for loans from fossil fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.

Tim Quinson | Bloomberg News
April 29, 2024
Government, Business, Technology, Logistics, Autonomous, For-Hire

Logistics Supply Chain Shows Steadiness Amid Rough Waters

During the past four years, supply chain and logistics companies have ridden the highs and lows of a market that included a pandemic and fractured economy to keep goods moving.

Amanda Smith-Teutsch | Special to Transport Topics
April 29, 2024
Government, Business, Technology, Equipment, Safety, Fuel, Logistics, Autonomous

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

April 29, 2024
Government, Business, Technology

Supreme Court Rejects Musk Appeal Over Tesla Tweets

WASHINGTON — The Supreme Court rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla.

April 29, 2024
Government, Business, Technology

Two Texas Colleges Win Grants to Train 660 CDL Students

Texas has awarded a total of $617,490 to two Texas colleges to train some 660 students to become heavy and tractor-trailer truck drivers.

Noël Fletcher | Staff Reporter
April 29, 2024
Business, Logistics

Cleveland-Cliffs Backs Ancora in Norfolk Southern Fight

Cleveland-Cliffs Inc., a major customer of Norfolk Southern Corp., has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company.

Crystal Tse | Bloomberg News
April 29, 2024
Government, Business, Technology, Safety

NHTSA Investigates Ford Crashes Involving Blue Cruise

DETROIT — Two fatal crashes involving Ford’s Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators.

April 29, 2024