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.
Schuier Carries on Family Tradition With Trucking Career
NEW ORLEANS — Amanda Schuier — installed as the 65th chairman of the Technology & Maintenance Council on March 5 — is a fourth-generation trucking industry professional.
Schumer Calls on FTC to Probe Wave of Oil Company Mergers
Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to open a full investigation into a wave of acquisitions in the oil and gas industry, arguing that the consolidation threatens competition and could lead to higher prices.
March 6, 2024Cox Automotive Says Market Conditions Are Ideal for Fleets
NEW ORLEANS — The commercial vehicle market is expected to grow thanks to a supportive economy as certain technologies are adopted within the heavy-duty market, according to research.
Mack Adds to MD Electric Sales Push With Off-Grid Charging Unit
NEW ORLEANS — Mack Trucks will introduce an off-grid charging unit that is attached to an MD Electric, the OEM said March 5 at the Technology & Maintenance Council's annual showcase.
Traton Q4 Profit Receives Boost From Higher Prices
Profits at Traton Group rose in the fourth quarter of 2023 on the back of an improved truck market globally and higher prices, the owner of U.S. Class 8 brand International said.
Houthi Missile Attack Kills 3 Aboard a Ship in Gulf of Aden
DUBAI, United Arab Emirates — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed three of its crew members and forced survivors to abandon the vessel March 6.
GM Collaborates to Produce Medium-Duty Hydrogen FCEV Trucks
General Motors' hydrogen fuel cell business is working on a $65 million pilot program for hydrogen-based work site products centered around medium-duty, fuel-cell powered trucks.
SEC Approves Landmark Emissions Disclosure Rule
WASHINGTON — The U.S. Securities and Exchange Commission on March 6 approved a rule that will require some public companies to report their greenhouse gas emissions and climate risks.
Uber Partners With Revel to Expand Charging Network
Uber struck a partnership with EV ride-hailing startup Revel Transit to make charging stations in New York more accessible as it inches toward making all trips zero-emission by 2030.
Aperia Unveils New Tire Management and Self-Inflator System
NEW ORLEANS — Aperia Technologies introduced a new connected tire monitoring and self-inflation system that can be deployed on both medium- and heavy-duty vehicles, as well as trailers.