Business

Port of Los Angeles Executive Director Gene Seroka talks with TT's Dan Ronan about growth at the port and challenges in early 2024 following the successful completion of a labor agreement in 2023. 

With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economical to fuel up versus an equivalent electric vehicle.

Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.

OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.

The national average for a gallon of diesel fell by 5.1 cents the week ending Feb. 26, the largest drop this year, according to data released by the Energy Information Administration.

NASHVILLE, Tenn. — Matthew Duncan of Covenant Logistics was named the 2023 Transport Topics Recruiting Professional of the Year at Conversion Interactive Agency's annual event.

The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.

Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as part of a longer-than-expected quality check process.

The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.

Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group.