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.

Government, Business, Logistics, TCA

Port NOLA Project Gets $226 Million in Federal Grant

WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.

Mark Ballard | The Advocate (Baton Rouge, La.)
January 23, 2024
Business, Logistics, Breaking News

Truck Tonnage in December Dips 0.5% Year-Over-Year

Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.

Dan Ronan | Senior Reporter
January 23, 2024
Business, Equipment, Fuel

Love’s, DTNA Roll Out Freightliner Maintenance Network

Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment

Truck Sales at Navistar’s International Unit Rise 9% in 2023

Sales of International-branded trucks totaled 75,500 in 2023, up 9% compared with 2022, the original equipment manufacturer’s parent company said Jan. 22.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Government, Business, Safety, Logistics

Amazon Fined in France for Employee Monitoring in Warehouses

France’s privacy watchdog said Jan. 23 that it hit Amazon’s warehouse unit with a $35 million fine for using an “excessively intrusive system” to monitor worker performance and activity.

January 23, 2024
Business, Technology, Logistics

C.H. Robinson Announces Electronic Bill of Lading for LTLs

C.H. Robinson is implementing an electronic bill of lading process for its largest less-than-truckload carriers, a move in its continued efforts to digitize documents, the company announced Jan. 22.

Connor D. Wolf | Staff Reporter
January 23, 2024
Government, Business, Safety, Fuel, Logistics, Global Freight

Red Sea Chaos Starting to Impair Profits Across Industries

With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply chain strains show up in companies’ earnings reports.

January 23, 2024
Business, Equipment, Logistics

PS Logistics Unit Expands Flatbed Division in North Carolina

PS Logistics’ Blair Logistics unit announced it has acquired the flatbed division of Kenly, N.C.-based ELS for an undisclosed sum.

Keiron Greenhalgh | Staff Reporter
January 23, 2024
Business, Equipment, Logistics

Ports on Both Coasts Wrap 2023 Below Year-Earlier Levels

The nation’s port leaders say that while container volume was down in the Pacific, Atlantic and Gulf of Mexico facilities, overall trends for 2024 are pointing up.

Dan Ronan | Senior Reporter
January 23, 2024
Government, Business, Equipment, Safety

DOT Panel Examines Maintenance Language in Lease Agreements

A U.S. Department of Transportation leasing task force has begun examining maintenance provisions in lease-purchase agreements.

Eric Miller | Senior Reporter
January 23, 2024