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, Technology, TCA

Michigan Lawmaker Proposes Bill to Limit EPA Emission Rules

U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the EPA from finalizing strong new emission standards that would push the auto industry toward EVs.

Riley Beggin | The Detroit News
July 10, 2023
Business, Equipment, Safety

Louisiana Trucker Damien Hebert Driven by Details

Louisiana’s Damien Hebert, last year’s national winner in the twin trailers division, is passionate about details, and he proves it at truck driving championships.

Eugene Mulero | Senior Reporter
July 7, 2023
Business, Safety

Fatal Fire Still Burning on Newark Cargo Ship

NEWARK, N.J. — A cargo ship burned for a third day July 7 at a New Jersey port after claiming the lives of two firefighters on July 6.

July 7, 2023
Government, Business, Technology, Equipment, Safety

Union Workers Question Safety at GM’s Ultium Battery Plant

While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.

David Welch | Bloomberg News
July 7, 2023
Government, Business

Hiring Slowed but Continued Growth With 209,000 Jobs in June

America’s employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, another sign of the economy's resiliency.

Christopher Rugaber | Associated Press
July 7, 2023
Business, Technology, Fuel

EV Auto Sales Growth Slows

Electric vehicle sales growth, while still brisk, has begun to slow in the U.S. as inventory of battery-powered models piles up on dealer lots.

Keith Naughton | Bloomberg News
July 6, 2023
Government, Business, Safety, Logistics

Rail Industry Sues Ohio Over Crew Size Rule

COLUMBUS, Ohio — The railroad industry has sued to block a new minimum crew-size requirement that Ohio imposed after a fiery train derailment in East Palestine in February.

Julie Carr Smyth | Associated Press
July 6, 2023
Business, Technology, Equipment, Logistics, Autonomous, Private

Rivian CEO Scaringe Eyes New Commercial Clients

Rivian Automotive Inc. is ready to take on more commercial partners beyond Amazon.com Inc. after a recent run of production success.

Ed Ludlow and Sean O'Kane | Bloomberg News
July 6, 2023
Business

Strong Q2 For Toyota, GM Points to Auto Industry Strength

General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves.

July 6, 2023
Business, Technology, Equipment, Fuel, Logistics, Top 100

Amazon Fleet Electrification Sees 5,000 Rivian Vans on Roads

Amazon's electrification of its delivery fleet gained pace over the past six months while still lagging earlier targets. The e-commerce giant has rolled out more than 5,000 EVs in the past year.

July 6, 2023