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.
Used Truck Sales in January Rise 17% From Prior Year
Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.
EPA Announces $3 Billion in Clean Port Grants
The U.S. Environmental Protection Agency announced $3 billion in grants are available this year in a Clean Ports Program to pay for zero-emission port equipment and infrastructure.
Higher Container Volumes Signal Strong Start to New Year
The four major West Coast ports reported significantly higher volumes to open the new year.
Ford EVs Need Adapter to Use Tesla’s Network
DETROIT — Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but they’ll need to get an adapter that Ford will provide for free.
February 29, 2024Peterbilt Adds Two Low-Roof Auto Hauler Configurations
Peterbilt unveiled two new configurations for car carrier cabs, the Model 567 UltraLow Roof Day Cab and the Model 589 UltraLow Roof 58-inch Sleeper.
First Yellow Trucks and Trailers Up for Auction March 5
Selling off the assets of bankrupt less-than-truckload carrier Yellow Corp. is set to take another step when the first rolling stock will be up for auction soon.
USDOT's Camden on Freight Initiatives
USDOT Deputy Assistant Secretary Allison Dane Camden discusses the agency's freight initiatives that are in the works or being planned for the future.
February 28, 2024Louisiana Truckers Sue Over Independent Contractor Rule
The Louisiana Motor Transport Association has joined a suit filed by a trucking company against the U.S. Department of Labor over changes to the classification of independent contractors.
Contractor Passes IT Systems Test for Military Moves
The U.S. Transportation Command reported that the contractor for a multibillion-dollar military moving contract passed a test of its IT systems that had caused an implementation delay.
USDOT Aims to Grow FLOW
Nearly two years after an information-sharing forum designed to improve communication among freight stakeholders was launched, its new director expects it will continue to grow.