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

Stellantis CEO Calls Small EVs a Tough Sell in US

Offering small cars is the wrong approach to win over truck-loving Americans skeptical of electric vehicles, according to Carlos Tavares, CEO of Jeep-owner Stellantis NV.

Gabrielle Coppola | Bloomberg News
February 21, 2024
Government, Business, Safety

FMCSA Planning New Study on Sexual Assault and Harassment

With an eye on future policy, federal trucking regulators are planning a new study to dig deeper into the prevalence and severity of sexual assault and sexual harassment across the commercial motor vehicle industry, particularly among drivers.

Eric Miller | Senior Reporter
February 20, 2024
Government, Business, Logistics, TCA

Pennsylvania Truckers Claim Unfair Competition at Philly Port

The Federal Maritime Commission is probing concerns raised by trucking companies that a Port of Philadelphia terminal operator is receiving favorable treatment from a state agency.

Andrew Seidman | The Philadelphia Inquirer
February 20, 2024
Government, Business, Private

FTC, States Expected to Sue Over Kroger-Albertsons Deal

The U.S. Federal Trade Commission and a group of states are poised to sue to block the tie-up between supermarkets Kroger Co. and Albertsons Cos., according to people familiar with the plans.

Leah Nylen and Jaewon Kang | Bloomberg News
February 20, 2024
Business, Technology, Equipment, Safety, Autonomous

REPLAY: Driving Innovation: A Preview of the 2024 TMC Annual Meeting With Robert Braswell

What new standards are expected to come out of the upcoming meeting and how will they help your company better transition to tomorrow? Robert Braswell joins Dan Ronan to preview the 2024 TMC Annual Meeting and why industry leaders can't afford to miss it.

February 20, 2024
Business, Equipment, For-Hire

Estes, Pitt Ohio Among Firms Filling Yellow Void in Buffalo

Yellow Corp.’s shutdown has opened the door for Estes Express Lines, Pitt Ohio and more to make greater inroads in the Buffalo, N.Y., Niagara region.

Matt Glynn | The Buffalo (N.Y.) News
February 20, 2024
Government, Business

Florida Educators Break Ground on CDL Training Academy

Florida educators broke ground on a new commercial driver license training academy to alleviate a shortage not only in the state but also in the Southeastern region of the country.

Noël Fletcher | Staff Reporter
February 20, 2024
Business, Logistics, Breaking News

January Tonnage Declines on Annual, Monthly Basis

Truck tonnage started the year on the downslope, decreasing on an annual and sequential basis in January, American Trucking Associations reported.

Dan Ronan | Senior Reporter
February 20, 2024
Business, Safety, Logistics

Analysts: US Transport Better Prepared for Red Sea Disruptions

The U.S. transportation sector is in a better position to handle disruptions from the Red Sea with efforts to improve capacity amid a slowdown in freight, according to experts.

Connor D. Wolf | Staff Reporter
February 20, 2024
Business, Technology, Autonomous

Self-Driving Firm Recogni Nabs $102 Million to Make AI Chip

Recogni Inc., an artificial intelligence startup that builds tech for autonomous vehicles, has raised $102 million in funding after expanding into designing chips for generative AI.

Jackie Davalos | Bloomberg News
February 20, 2024