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, Autonomous, TCA

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.

Thomas Gnau | Springfield News-Sun (Ohio)
July 27, 2023
Government, Business, Technology, Fuel

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.  

Jonathan Randles | Bloomberg News
July 27, 2023
Government, Business, Technology, Equipment

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.

Eugene Mulero | Senior Reporter
July 27, 2023
Business, Equipment, Logistics, For-Hire

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.

Keiron Greenhalgh | Staff Reporter
July 27, 2023
Business, Technology, Fuel, TCA

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.

Kyle Arnold | The Dallas Morning News
July 27, 2023
Business, Logistics, For-Hire

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.

Connor D. Wolf | Staff Reporter
July 27, 2023
Business, Equipment

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. 

Keiron Greenhalgh | Staff Reporter
July 27, 2023
Government, Business, Equipment, Safety, Logistics

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.

Connor D. Wolf | Staff Reporter
July 27, 2023
Government, Business, Logistics

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.

Noël Fletcher | Staff Reporter
July 27, 2023
Business, Technology, Autonomous

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.

Coco Liu | Bloomberg News
July 27, 2023