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

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.

Keiron Greenhalgh | Staff Reporter
March 7, 2024
Business, Equipment

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.

Connor D. Wolf | Staff Reporter
March 7, 2024
Business, Fuel

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.

Joe Ryan | Bloomberg News
March 7, 2024
Government, Business, Technology

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.

Connor D. Wolf | Staff Reporter
March 7, 2024
Government, Business, Equipment, Logistics

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.

Noël Fletcher | Staff Reporter
March 7, 2024
Business, Equipment

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.

Monica Raymunt | Bloomberg News
March 7, 2024
Government, Business, Safety, Fuel

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.

Matthew Daly | Associated Press
March 6, 2024
Government, Business

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.

Eugene Mulero | Senior Reporter
March 6, 2024
Business, Technology, Equipment, For-Hire, Private

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, 2024
Business, Technology, Safety, Logistics

Anchor 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.

March 6, 2024