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.
Volvo Showcases Redesigned VNL Publicly for First Time
NEW ORLEANS — Volvo Trucks North America in the first public showcase of its redesigned Volvo VNL tractor outlined the aerodynamic improvements the new truck offers over its predecessor.
Class 8 Truck Orders Show Second Straight Gain in February
North American Class 8 truck orders increased year-over-year for the second month in a row during February, according to ACT Research.
Exxon Move May Delay Chevron-Hess Merger
Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after ExxonMobil filed for arbitration to preserve its rights to a massive oil discovery off Guyana.
SuperTruck Project Propels Real-World Gains, OEMs Say
NEW ORLEANS — Participants in the SuperTruck program detailed how the initiative has propelled development of technologies that advance efficiency improvements for everyday trucks.
Truckers Hail New FMC Rule on Overseas Container Fees
The Federal Maritime Commission has issued a final ruling to simplify international container billing practices in a move hailed by truckers.
Continental Faces Tough Auto Unit Overhaul in Slowing Market
Continental AG declined as the company embarks on a deep overhaul of its underperforming auto components business in a slowing vehicle market.
25 States File Suit to Block EPA Rule on Soot Pollution
WASHINGTON — A new EPA rule that sets tougher standards for deadly soot pollution faced a barrage of legal challenges March 6, as 25 Republican-led states filed lawsuits seeking to block it.
ATA, Hill Republicans Continue to Oppose Julie Su
Following a Senate committee’s approval of Acting Labor Secretary Julie Su’s nomination to lead the department, congressional Republicans renewed their opposition efforts.
PepsiCo, Estes Express Earn Sustainability Pathfinder Awards
NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.
March 6, 2024Anchor From Houthi-Sunk Ship May Have Severed Red Sea Cables
The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February.