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.
Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
March 11, 2024Sponsored ContentContainer Shipping Through Red Sea Falls Again
HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.
Tesla’s Next Major Growth Phase May Be Years Away
Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.
Shell Gas EVP Steve Hill to Leave the Company
Shell Plc industry veteran Steve Hill has decided to step down, the company said March 11.
Aramco Announces $121 Billion Profit Last Year
DUBAI, United Arab Emirates — Saudi oil giant Aramco on March 10 reported it made $121 billion in profit last year, down from its 2022 record because of lower energy prices.
ChargePoint CEO Rick Wilmer Expects More EV Stations
DETROIT— Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations.
TSMC to Win More Than $5 Billion in Grants for US Chip Plant
Taiwan Semiconductor Manufacturing Co. is set to win more than $5 billion in federal grants to support a chipmaking project in Arizona, according to people familiar with the matter.
Getting Paid Now More Complex for NYC Food Delivery Workers
NEW YORK — New Yorkers place over 100 million food delivery orders each year via a very simple process: Press a few buttons on an app, and it’s in their hands in about 30 minutes.
Tesla’s Wall Street Fans Turn Squeamish as EV Turmoil Mounts
Tesla Inc.’s support among Wall Street bulls is weakening with the lowest percentage of analysts since April 2021 recommending that investors buy the stock.
North Dakota Adds Six CDL Road Test Sites
The North Dakota Department of Transportation is making it easier for new truckers to get behind the wheel by adding six new commercial driver license road test sites.