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.
Nikola’s Wild Week Erases 2023 Losses
Nikola Corp. has finally reignited some of the fervor of its once die-hard day-trading fans as it has reversed the stock’s 2023 decline.
Midwest Rivers’ Falling Water Levels Raise Shipping Concerns
Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of shipping problems along the all-important U.S. freight routes.
‘Green Bank’ Opens for Clean Energy Projects Like EV Charging
WASHINGTON — The Biden administration is making available $20 billion from a federal “green bank” for clean energy projects such as electric vehicle charging stations and more.
UPS to Train Nonunion Employees to Deliver Packages
UPS Inc. plans to train nonunion employees to deliver packages in the event of a labor disruption in the U.S., underscoring the potential for a strike as a crucial negotiating deadline nears.
Increased Demand Drives Efficiency in the Cold Chain
As demand for the cold chain continues to increase, so does the desire to control costs, say refrigerated freight experts.
DHL Plans Expansion in Latin America
Five Latin American nations could share $556 million by 2028 as contract logistics provider DHL Supply Chain plans to expand its regional fulfillment network.
Step Up Push to Bring Veterans Into Trucking
If there’s an issue that is much discussed in industry circles, it’s undoubtedly dealing with the worker shortage, more specifically, the technician shortage.
TMC’s Summer Conference Places Priority on Education
Whether because of an interest in sustainability or just anticipated regulatory compliance, interest in vehicle electrification is high among fleet managers.
Trucking Industry Works to Make Electric CVs More Affordable
As adoption of electric-powered commercial vehicles grows, component manufacturers are looking more closely at offering services and devices to attract more fleet buyers.
Fleets Tackle Parts Shop Organization
Fleets share strategies on how to maintain parts inventory to eliminate downtime and other inefficiencies.