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.
Tesla Driver Tells Police He Was Using ‘Self-Drive’ in Crash
DETROIT — A Tesla apparently operating on one of the company’s automated driving systems crashed into a parked police vehicle June 13 near Los Angeles.
Panama Canal Averts Shipping Crisis With Its Water Plan
The Panama Canal has managed to ward off a shipping crisis that threatened to upend $270 billion a year in global trade. It did so with careful water management — and a little bit of luck.
World Container Shipping Rates Keep Rising
Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.
Scania Ramps Up E-Truck Output
Swedish truck maker Scania is ramping up production of electric rigs now that previously delayed batteries from Northvolt AB have begun arriving in greater numbers at its factory in Sodertalje.
Elon Musk Wins Back His $44.9 Billion Tesla Pay Package
DETROIT — Tesla shareholders voted to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year.
Senators Ramp Up EV Pushback
Republicans in the Senate are taking aim at the Biden administration’s promotion of EVs, and Democrats are calling out the administration for a lack of progress on charging infrastructure.
Washington State’s Adoption of CARB Rules Upheld by Judge
A Washington judge has tossed out an effort by two Republican lawmakers to prevent the state from adopting California’s zero-emission regulations without legislative approval.
Elevating Customer Service in the Supply Chain
Program Aired: June 13, 2 p.m. ET Find out how modern customer service solutions can upgrade your business' operations. Donna Kintop, Head of Customer Care at DDC FPO, joins Transport Topics' Seth Clevenger for a special one-on-one conversation to discuss her experience building customer success strategies for countless transportation companies and offer her insight on customer service trends across the supply chain.
June 13, 2024Trucking Workforce Declines but Overcapacity Remains
The trucking industry has for months remained mired in sustained overcapacity relative to freight demand even as it has slowly shed workers, federal data shows.
Defense Bill Proposes GAO Review of Moving Contract
The House is considering a must-pass annual defense policy bill that includes a review of a new moving contract and security enhancements for trucks at military bases and installations.