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, Technology, Equipment, Fuel

Nikola Celebrates Entry Into HFCEV Market

Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.

October 5, 2023
Business, Technology, Equipment

Rivian Plans to Issue $1.5 Billion in Convertible Debt

Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.

Dana Hull | Bloomberg News
October 5, 2023
Business, Logistics

Ryder Expands Multiclient Warehouse Footprint

Ryder System Inc. added a new distribution center in Aurora, Ill., as part of its ongoing efforts to expand its multiclient warehouse network, the company announced Oct. 5.

October 5, 2023
Business, Technology, Logistics, Autonomous, Global Freight

Maersk Partners With Kodiak on Autonomous Truck Runs

A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.

Thomas Black | Bloomberg News
October 5, 2023
Business, Logistics, TCA

Port of Savannah Seeks OK to Add Terminal — On an Island

SAVANNAH, Ga. — The Port of Savannah is poised to grow again, with a 395-acre cargo container terminal planned for an island in the middle of the Savannah River.

Adam Van Brimmer | The Atlanta Journal-Constitution
October 4, 2023
Government, Business

ATA Leader Chris Spear Reflects on Gains Ahead of Conference

American Trucking Associations President Chris Spear is ready to discuss the strides made and the opportunities that lie ahead during the upcoming ATA Management Conference & Exhibition.

Dan Ronan | Senior Reporter
October 4, 2023
Government, Business

REPLAY: The State of the Industry with ATA's Chris Spear

ATA President Chris Spear discusses autonomous vehicle policies, workforce development, truck parking, and the 2023 ATA Management Conference & Exhibition with Dan Ronan on the U.S. House highways and transit panel. 

October 4, 2023
Business, Technology

Greenlane to Break Ground on Charging Network in Early 2024

Daimler Truck North America and its partners in the proposed Greenlane electric and hydrogen vehicle fueling network expect to break ground at their first sites in early 2024.

Keiron Greenhalgh | Staff Reporter
October 4, 2023
Business, Technology, Equipment, Fuel

Ford Electric F-150 Sales Drop 46% as Deliveries Delayed

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.”

Keith Naughton | Bloomberg News
October 4, 2023
Government, Business, Logistics

N.C. Officials Announce Chick-fil-A Distribution Center

North Carolina Gov. Roy Cooper welcomed news that Chick-fil-A Supply will invest $58.3 million to build a distribution center, creating more than 112 jobs, including for truck drivers.

Noël Fletcher | Staff Reporter
October 4, 2023