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

Electric Vehicle Sales Hit Critical Mark

Electric cars are smashing all kinds of records in the U.S. Their share of new cars exceeded 7% for the first half of the year, speeding past a critical tipping point for mass adoption.

Tom Randall | Bloomberg News
September 14, 2023
Business, Equipment, Breaking News

August Class 8 Sales Down 1%

U.S. Class 8 retail sales in August stayed about the same from the year-ago period but increased from the prior month, Wards Intelligence reported.

Connor D. Wolf | Staff Reporter
September 14, 2023
Business, Technology, Equipment

Volvo Charts Customer-Focused Path for Zero-Emission Goals

GOTHENBURG, Sweden — Leaders from Volvo Trucks said they’re taking a customer-focused approach to achieving corporate goals for reduction of carbon emissions.

Joe Howard | Executive Editor
September 14, 2023
Business, Equipment, Fuel

Startup Merger Partners Eye Class 8 Truck Launch by 2027

Proposed merger partners ElectraMeccanica and Tevva plan to launch a Class 8 hybrid electric and hydrogen-powered truck in the United States in 2027, ElectraMeccanica CEO Susan Docherty said.

Keiron Greenhalgh | Staff Reporter
September 13, 2023
Government, Business, Technology, Autonomous

ATA Leader Chris Spear Presses Congress for AV Framework

WASHINGTON — Automated vehicles would gain greater adoption with a nationwide policy framework, Chris Spear, president of American Trucking Associations, told members of Congress on Sept. 13.

Eugene Mulero | Senior Reporter
September 13, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
Government, Business

Commerce Department Touts Indo-Pacific Pact

The U.S. Commerce Department is pitching its landmark multinational pact to strengthen supply chains with 13 Indo-Pacific nations.

Noël Fletcher | Staff Reporter
September 13, 2023
Business, Equipment, Fuel

Updated Ford F-150 Gets New Grille, Other Features

The top-selling vehicle in America will get a bit of a face-lift next year, one of just a few new or updated vehicles that will be shown off this week at Detroit’s big auto show.

Tom Krisher | Associated Press
September 13, 2023
Government, Business, Technology

FHWA Offers $100 Million in Grants to Fix Broken EV Chargers

Up to $100 million in government grants is available for states and local governments to repair and replace broken electric vehicle charging infrastructure.

Noël Fletcher | Staff Reporter
September 13, 2023
Government, Business

Appeals Court Hears Arguments on Rhode Island Tolling Plan

Attorneys for American Trucking Associations and the Rhode Island Department of Transportation sparred before a federal appeals court over the state’s trucks-only tolling plan.

Eric Miller | Senior Reporter
September 13, 2023