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.
Knight-Swift Announces Executive Changes
Adam Miller has been appointed CEO at Knight-Swift Holdings Inc., succeeding David Jackson, who is stepping down after nine years as chief executive and 13 as president.
Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict
The Texas Trucking Association and another advocacy group have filed a “friend of the court” brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.
TMC Sessions to Highlight Vehicle Spec’ing
American Trucking Associations’ Technology & Maintenance Council is set to explore the importance of proper spec’ing during its annual conference starting March 4.
Update: Seroka Optimistic About Cargo Levels in 2024
Port of Los Angeles Executive Director Gene Seroka is still wary over developments in the Red Sea and Panama Canal.
February 28, 2024Tesla Cybertruck Review: It’s Weird, Brash, but Not Bad
Bloomberg News reporter Hannah Elliott rents a Tesla Cybertruck for a day, and finds its nimble performance and thoughtful interior a fascinating juxtaposition to its crude design.
California Offers Online CDL Renewals
California has made it easier for truck drivers to renew their commercial driver licenses through a new online option that is part of the state’s customer-focused digital transformation.
US Economy Grew Solid 3.2% in Fourth Quarter
WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.
Range Energy Raises $23.5 Million in New Financing
Electric trailer startup Range Energy raised $23.5 million in new financing as it seeks to take advantage of government incentives for decarbonizing transportation.
Canada to Invest in Revamp of Port Windsor Grain Terminal
Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.
Apple Cancels Work on Autonomous Electric Car
Apple Inc. is ending a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in company history.