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, Fuel

OPEC Says Oil Needs Monitoring Amid Summer Demand

Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an expected surge in demand, OPEC said in its monthly oil market report.

Alex Longley | Bloomberg News
April 11, 2024
Business, Technology, Autonomous

Self-Driving Startup Wayve Expands to Vancouver

British autonomous driving startup Wayve Technologies Ltd. is opening a research center in Vancouver, adding its second location in North America to accelerate its growth.

Thomas Seal | Bloomberg News
April 11, 2024
Government, Business

Producer Prices Rose 2.1% From Last Year, Most Since April

WASHINGTON — U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. 

Paul Wiseman | Associated Press
April 11, 2024
Government, Business, Safety, Fuel, Autonomous

Feds: Ford Driver Using Automated System Before Fatal Crash

DETROIT — The driver of a Ford electric SUV involved in a February fatal crash in Texas was using the company's partially automated driving system before the wreck, investigators said.

April 11, 2024
Business, For-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

Connor D. Wolf | Staff Reporter
April 10, 2024
Government, Business, Fuel

Energy Researcher: Peak Oil Won’t Happen Before 2030

Global oil demand won’t peak before the end of this decade due to underwhelming fuel economy standards and slowing adoption of electric vehicles in the U.S., energy researcher Enverus says.

Tope Alake | Bloomberg News
April 10, 2024
Government, Business, Safety

NTSB's Report on East Palestine Due Out in June

The head of the National Transportation Safety Board told senators the agency expects to unveil a report in June detailing last year’s freight train derailment in East Palestine, Ohio.

Eugene Mulero | Senior Reporter
April 10, 2024
Business, Logistics

What's That? Supply Chain Crisis

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Business, Logistics

What's That? Supply Chain Resilience

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024