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.
Semi-Automated Trucks to Be Tested on Ohio-Indiana Route
Ohio and Indiana have agreed to test partially automated trucks on a 166-mile stretch of Interstate 70 between Columbus, Ohio, and Indianapolis beginning as early as October.
Lordstown Ordered to Face Trial Despite Bankruptcy
A Delaware judge permitted vehicle maker Karma Automotive to move forward with an upcoming trial in California against Lordstown Motors Corp. despite Lordstown's filing for bankruptcy.
Freight Group Emphasizes Heavy-Duty Charging Infrastructure
WASHINGTON — A coalition of freight stakeholders called for greater emphasis on the heavy-duty sector as federal lawmakers and regulators prioritize electric vehicles nationwide.
Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
Jet Engine Wind Powers EVs in Dallas Airport Test
The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.
Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
Wabash Quarterly Profit Jumps as Margin Rises
Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier.
Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
Large US-Mexico Truck Crossing to Reopen in Texas
A Mexico border crossing in Texas for commercial truck traffic will reopen after six years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry.
AI Startup Helps Diesel Trains Clean Up Their Emissions
RailVision Analytics has developed artificial intelligence-enabled software to help locomotive engineers make adjustments in train driving that could lead to savings in diesel fuel.