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.
Motive Announces Array of AI Products, Services
NASHVILLE, Tenn. — Motive has announced an array of AI products and services designed for driver safety and greater visibility and control over motor carrier and other related operations.
Port of Portland to End Terminal 6 Cargo Container Handling
The Port of Portland will shut down its cargo container handling operation at North Portland’s Terminal 6, saying an effort to lease the site to a third-party operator had fallen through.
Crews Race to Remove Chunks of Fallen Baltimore Bridge
SPARROWS POINT, Md. — Crews are using the largest crane on the Eastern Seaboard to haul the wreckage from Baltimore’s Francis Scott Key Bridge collapse to a nearby salvage yard.
Nissan Says It Will Make Next-Gen EV Batteries by 2029
YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.
Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand
The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.
Update: Biden Pledges Federal Funds for Baltimore Bridge Rehabilitation
Congressional transportation leaders are expressing support for approving emergency assistance to rebuild a bridge and adjoining infrastructure after the recent collapse at the Port of Baltimore.
April 15, 2024Drug Clearinghouse Creates Advantages, Challenges for Industry
Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.
VTNA Opens Order Book for Redesigned VNL Class 8 Flagship
Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.
Tech Vendors Introduce Latest Offerings for 3PLs at TIA
PHOENIX — From business process automation to fraud prevention, industry tech developers rolled out new software features and service offerings for 3PL providers at TIA's conference.
Truckstop Launches Carrier Vetting Services for Brokers
Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.