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, Equipment

Yokohama Executives Say Fleets Still Adjusting Post-Pandemic

WEST POINT, Miss. — Executives from Yokohama Tire Corp. said their motor carrier customers have adjusted well to the post-COVID economy, but it's not business as usual.

Michael Freeze | Features Editor
November 1, 2023
Business, Equipment, Fuel

Freightliner eM2 Serial Production Begins at Portland Plant

Serial production of Freightliner’s eM2 medium-duty battery-electric truck began at Daimler Truck North America’s Portland, Ore., manufacturing plant in recent days, DTNA said Oct. 26.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Government, Business, Fuel

Schumer Wants FTC to Examine Exxon, Chevron Acquisitions

Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.

November 1, 2023
Business, Technology, Equipment

Tevva, ElectricaMeccanica End Partnership

Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Government, Business, Safety

USDOT Grants $82.6 Million for Road Safety in 46 States

The U.S. Department of Transportation announced it awarded $82.6 million in road safety planning grants to 46 states, including projects involving truck freight.

Noël Fletcher | Staff Reporter
November 1, 2023
Business, Technology, Equipment

Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.

Yuri Kageyama | Associated Press
November 1, 2023
Government, Business, Technology

Business Group Estimates 403,000 Clean-Energy Jobs From IRA

A nonpartisan group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect.

Isabella O'Malley | Associated Press
November 1, 2023
Government, Business, Technology, Safety, Autonomous

Tesla Wins First Jury Trial Over Fatal Autopilot Crash

Tesla Inc. convinced a California jury that its Autopilot technology wasn’t responsible for a crash that killed a California driver four years ago, the jury announced on Oct. 31.

Malathi Nayak | Bloomberg News
October 31, 2023
Government, Business, Logistics, Global Freight, TCA

Georgia Port Expanding to Become Country’s Largest Auto Port

On Oct. 30, Georgia Ports Authority CEO Griff Lynch highlighted expansion projects that will allow the Port of Brunswick to surpass Baltimore as the nation’s top port for automobile shipping as early as 2026.

Adam Van Brimmer | The Atlanta Journal-Constitution
October 31, 2023
Business, Logistics

September Container Volume Shows Ports on Rebound

Two of the nation’s largest ports on the Pacific Coast bounced back in September with strong container volume numbers.

October 31, 2023