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.
Employers Added a Robust 272,000 Jobs in May
WASHINGTON — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring.
What's That? Intrusion Detection Systems (IDS)
Because of large revenue pools, cybersecurity experts recognize trucking as one of the most cyberattacked industries of today. Intrusion detection systems (IDS) are designed to protect you from cyberattacks.
June 6, 2024NFI Buys Transfix’s Freight Brokerage Operation
NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.
ABF Freight Seeks to Boost Safety With Trailer Sensors
ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.
House Passes FY25 Funding Bill for Veterans, Military
The House Republican caucus is pressing for passage of fiscal 2025 funding bills to avert the long-term threat of a shutdown and clear the legislative calendar prior to the November elections.
Maryland Senator Presses for Baltimore Aid
WASHINGTON — Sen. Ben Cardin of Maryland renewed calls for colleagues to endorse emergency aid for rebuilding the Port of Baltimore area and the collapsed Francis Scott Key Bridge.
Trucking Fleets Urged to Be Proactive in Litigation
INDIANAPOLIS — When a trucking company anticipates or is involved in serious accident litigation, C-suite executives might want to remember one thing: Your company lives in a glass house.
Truckers Urged to Get Vocal on Regulatory Challenges
INDIANAPOLIS — Motor carriers are making strides in influencing the regulatory future of the industry, but must remain vocal to address challenges they face, according to TCA's David Heller.
Class 8 Truck Orders Increased 50% Year-Over-Year During May
North American Class 8 truck orders continued the trend of year-over-year gains in May, according to ACT Research.
ABB Considers Sale of Some Electric Mobility Assets
ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.