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, Equipment, TCA

Mack Trucks Reaches Tentative Agreement With UAW

Mack Trucks and the United Auto Workers Union have announced they’ve come to a tentative agreement, which now avoids any potential strike among thousands of workers at the Lower Macungie, Pa., plant.

Keiron Greenhalgh | Staff Reporter
October 2, 2023
Government, Business, Equipment, Fuel

Big Automakers: Future Fuel Economy Rules Unfairly Target Us

General Motors, Ford and Stellantis face a combined $10.5 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules, according to an estimate from their trade group.

Keith Laing | Bloomberg News
October 2, 2023
Government, Business, Fuel

Diesel Price Nudges Up 0.7¢ a Gallon to $4.593

The national average diesel price nudged up seven-tenths of a cent to reach $4.593 a gallon, according to Energy Information Administration data released Oct. 2.

October 2, 2023
Government, Business, Safety

CDL Classes Planned as Part of Maui Recovery

The Council for Native Hawaiian Advancement is planning to launch classes for a commercial driver license to help Maui wildfire victims rebuild their lives.

Noël Fletcher | Staff Reporter
October 2, 2023
Government, Business, Safety

Government Sues Union Pacific Over Using Flawed Vision Test

The U.S. government has joined some former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were colorblind.

Josh Funk | Associated Press
October 2, 2023
Business, Technology, Safety, Logistics

Trucker Path Launches Single-Trip Spot Insurance

Trucker Path is now providing all-risk spot cargo insurance coverage as single-trip policies and per-load pricing, the trucking technology company announced Sept. 27.

Connor D. Wolf | Staff Reporter
October 2, 2023
Business, Equipment, Logistics

3PL Warehouse Services Buys Sky Transportation

Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.

Keiron Greenhalgh | Staff Reporter
October 2, 2023
Business, Logistics

Crowley Names Dennis White to Lead Brokerage Operations

Crowley has selected Dennis White as its newest vice president of brokerage services, the maritime and logistics company announced Oct. 2.

Connor D. Wolf | Staff Reporter
October 2, 2023
Business, Equipment

Factory Gauge Contracts at Slowest Pace in Nearly a Year

A measure of U.S. factory activity contracted in September by the least in nearly a year, offering hope that the worst may be over for the nation’s producers.

Augusta Saraiva | Bloomberg News
October 2, 2023
Business, Technology, Equipment

Randall Reflects on Mack MD’s Market Entry

ELKHART LAKE, Wis. — Mack Trucks North America overcame years of upheaval after its reentry into the medium-duty market mere weeks before the coronavirus pandemic, company President Jonathan Randall reflected.

Connor D. Wolf | Staff Reporter
October 2, 2023