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, Logistics, Private

Walmart Offers Workers Opportunities in Skilled Trade Jobs

NEW YORK — Walmart is offering new perks for its hourly U.S. workers, ranging from a new bonus plan to opportunities to move into skilled trade jobs within the company.

Anne D’Innocenzio | Associated Press
June 5, 2024
Government, Business, Technology, Fuel

GOP Seeks Probe of Plug Power’s $1.7 Billion in US Backing

Sen. John Barrasso is asking a government watchdog to investigate nearly $1.7 billion in financing offered last month to hydrogen company Plug Power Inc.

June 5, 2024
Government, Business, Logistics

New York Governor Delays Congestion Pricing

New York Gov. Kathy Hochul has indefinitely postponed a plan to charge motorists driving into much of Manhattan, upending an initiative that was slated to kick in at the end of the month.

June 5, 2024
Business, Logistics

3PL Total Distribution Adds to Ohio Operations

Third-party logistics specialist Total Distribution Inc. bought D+S Distribution and Integrated Logistics Services for an undisclosed sum, the Peoples Services Inc. subsidiary said.

Keiron Greenhalgh | Staff Reporter
June 5, 2024
Government, Business, Fuel

Poll: Many Americans Still Shying Away From EVs

WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.

June 4, 2024
Business, Technology, Equipment, Fuel

Mercedes and Stellantis Press Pause on EV Battery Factories

Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.

June 4, 2024
Government, Business, Logistics

House Lawmakers Introduce Moving Protection Bill

Legislation that aims to increase protections for people moving personal property was recently introduced in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
June 4, 2024
Government, Business, Equipment

Tractor Supply Opens Its Largest Multistate Distribution Center

Tractor Supply Co. will open the company’s largest distribution center in Arkansas to supply products for local e-commerce orders and 250 stores in the Southeast, Midwest and Texas.

Noël Fletcher | Staff Reporter
June 4, 2024
Government, Business, Fuel

Diesel, Gas Prices to Rise July 1 in Five States

Routine fuel tax increases take effect July 1 in California, Illinois, Indiana, Missouri and Virginia, while an effort to boost fuel taxes and fees on EVs is causing controversy in New Jersey.

Noël Fletcher | Staff Reporter
June 4, 2024
Government, Business, Safety

Trucking Attorneys Need to Get Aggressive, Expert Says

INDIANAPOLIS — Litigation psychologist Bill Kanasky has words of advice for truckers and their attorneys facing potential nuclear verdicts: Get in the game early and get more aggressive.

Eric Miller | Senior Reporter
June 4, 2024