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.
Report Details Philadelphia Crash That Destroyed I-95 Bridge
HARRISBURG, Pa. — Gasoline spilled out from an unsecured hatch on the top of the gasoline delivery tanker that overturned and ignited beneath an Interstate 95 bridge in Philadelphia a year ago.
US House Committee Prepares for Cargo Theft Fight
The U.S. House Appropriations Committee called for a new task force to fight cargo thefts in a funding bill report June 3.
ETruck Sees Hybrid-Converted Semis Arriving by End of 2024
ETruck Transportation expects to begin producing powertrains that turn Class 8 diesel trucks into hybrid battery-electric vehicles by the end of 2024, according to a senior executive.
Port of Los Angeles Imports Fell 4.5% in May
Imports at the Port of Los Angeles remained above the pre-pandemic peak in the first five months of 2024 despite ticking down in May compared to a year before.
Developer Uptake Launches Tire Air Pressure Management Tool
Analytics specialist Uptake is set to launch a product suite intended to aid carriers’ tire management and improve fuel efficiency.
Honda Launches Long-Awaited Electric Van Starting at $15,550
Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.
Software to Allow Fleets to Make Sure Drivers Buckle Up
A software tool launching in the third quarter of 2024 is set to allow carriers to make sure drivers are buckled up before they set off, the developer said.
US Class 8 Sales Fall 18% in 10th Straight Month of Declines
U.S. Class 8 retail sales hit their 10th consecutive month of year-over-year shortfalls in May, according to data from Wards Intelligence.
Tennessee in July to Curb Predatory Vehicle Booting, Towing
In a move to combat predatory towing in the state, after July 1 Tennessee will prohibit installation of a boot on any truck or trailer clearly identified as a commercial vehicle.
Thieves Target EV Charging Stations for Copper Wiring
Thieves have been targeting EV charging stations, intent on stealing the cables, which contain copper wiring.