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, Safety, Fuel

Card Skimming at Truck Stops Is a Huge Problem for Fleets

Many of us have had to deal with the unfor­tunate prob­lem of credit card fraud. You look at your monthly card statement and your eyes get wide after seeing the total.

Spencer Barkoff | Co-founder and President, Relay Payments
September 8, 2023
Government, Business, Technology

University of Tennessee Develops Fleet Sustainability Index

The University of Tennessee Fleet Sustainability Index contains emissions profiles for more than 400,000 motor carriers and millions of trucks.

Gary Frantz | Special to Transport Topics
September 8, 2023
Business, Technology, Equipment, For-Hire

Estes Among Fleets to Pilot Remora’s Carbon Capture System

Estes was among the first commercial for-hire carriers to sign up to pilot emerging technology developed by Remora.

Gary Frantz | Special to Transport Topics
September 8, 2023
Government, Business, Technology, Equipment, Fuel

Trucking’s Many Roads to Decarbonization

Trucking already has made strides to reduce emissions but carriers will need to comply with stricter regulations ahead. So how will the industry achieve these carbon reduction goals?

Seth Clevenger | Managing Editor, Features and Multimedia
September 8, 2023
Business, Logistics, For-Hire

UPS to Raise Average Prices by 5.9%

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Thomas Black | Bloomberg News
September 8, 2023
Business, Technology, Logistics

Two Flexport Executives to Leave After CEO’s Abrupt Exit

Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6.

Brendan Murray | Bloomberg News
September 8, 2023
Government, Business, Logistics

STB Rule May Help Boost Competition for Railroad Shipments

OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.

Josh Funk | Associated Press
September 8, 2023
Government, Business, Technology

California Charging Infrastructure Lags Behind Targets

Concerns are growing that California is falling behind in its ability to provide enough electric vehicle charging options to meet its own aggressive targets.

Keiron Greenhalgh | Staff Reporter
September 7, 2023
Government, Business, Private

Kroger, Albertsons In Talks to Sell Stores to C&S, SoftBank

Kroger Co. and Albertsons Cos. are selling some of their stores in an effort to win regulatory approval for their $25 billion merger, according to people familiar with the matter.

September 7, 2023
Business, Technology

GM Makes Initial Offer to UAW, Union President ‘Insulted’

General Motors’ first wage-and-benefit offer to the United Auto Workers on Sept. 7 falls far short of the union’s initial demands.

Tom Krisher | Associated Press
September 7, 2023