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.
Inflation Gauge Shows Price Pressures Easing Gradually
WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease.
EPA Sets Strict Emissions Standards for Heavy Trucks
WASHINGTON — The Environmental Protection Agency on March 29 set strict emissions standards for heavy-duty trucks, buses and other large vehicles.
Rizon EV Truck Deliveries Begin in California
Velocity EV announced March 27 that the first Rizon Classes 4-5 battery-electric cabover trucks are being delivered to customers throughout California.
March 28, 2024Update: Federal Funds to Finance Baltimore Bridge Reconstruction
Secretary Buttigieg revealed the U.S. Department of Transportation is processing a quick release transportation emergency grant to Maryland for the reconstruction of Baltimore’s collapsed Francis Scott Key Bridge, which is causing supply chain disruptions since it was struck by a cargo ship.
March 28, 2024Lawmakers Urge FTC to Take Action on Grocery Profits
A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.
Unlock Unique Custom Alerts for Drivers
Program Aired: March 28, 2 p.m. ET Like every fleet in the industry, we understand the importance of safety on the road and that hazards en route are dynamic. What if you could warn a driver about a hazard before they came across it? Have a certain area that you don’t want drivers entering, or known areas that have caused accidents, fender-benders, or speeding tickets within your fleet?
March 28, 2024Barges Bringing Cranes to Baltimore to Help Remove Wreckage
BALTIMORE — Massive barges carrying cranes streamed toward Baltimore on March 28 to begin the challenging work of removing metal and concrete in an attempt to open a key shipping route.
Kroger Closing Three E-Commerce Facilities in Texas, Florida
NEW YORK — Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations, the grocery chain confirmed this week.
March 28, 2024Truck Makers Face Retrial in Europe in Price-Fixing Case
Daimler Truck Holding AG and Volvo AB will face a retrial in a 560 million euros ($603 million) case over a price fixing cartel, a German appeals court ruled.
EVs Pass the Tipping Point to Mass Adoption in 31 Countries
By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.