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, Equipment

Hendrickson Buys Truck Suspension Specialist Reyco Granning

Hendrickson bought fellow truck suspension manufacturer Reyco Granning for an undisclosed sum, it said June 4.

Keiron Greenhalgh | Staff Reporter
June 4, 2024
Government, Business, Technology

Peterbilt Introduces CARB-Compliant MX-13 Engine

Peterbilt Motors Co. announced that a California-compliant version of the Paccar MX-13 diesel engine is now available in its Model 579, Model 567 and Model 589 trucks.

Keiron Greenhalgh | Staff Reporter
June 4, 2024
Business, Technology

REPLAY: GENERATE - Technology Learning Sessions

Join us for conversations that will help you discover the opportunities and challenges that artificial intelligence offers the industry, and learn how you can effectively deploy AI to boost your business operations Reserve your seat for this half-day virtual event with learning sessions dedicated to generating specific insights for fleet technology and operations decisionmakers.

June 4, 2024
Business, Technology, Safety

Trucking Leaders Discuss Impact of Safety Culture on Operations

INDIANAPOLIS —Trucking and insurance executives at a TCA session offered advice on how leaders can adopt technologies and impact their companies’ safety culture from the executive suite.

Eric Miller | Senior Reporter
June 4, 2024
Business, Safety, Logistics, Global Freight

Maersk Raises Profit Outlook

A.P. Moller-Maersk, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.

Christian Wienberg | Bloomberg News
June 4, 2024
Government, Business, Logistics

Bankrupt Yellow May Start New REIT Using Empty Terminals

Defunct cargo hauler Yellow Corp. may put its remaining cargo terminals and other vacant properties into a real estate investment trust that could be used to raise money for creditors.

Steven Church | Bloomberg News
June 4, 2024
Business, Private

International Paper Seeks to Reassure DS as Suzano Plots Bid

International Paper Co.’s top boss traveled to London to reaffirm his company’s commitment to merger partner DS Smith, downplaying a takeover offer from Suzano.

June 3, 2024
Government, Business, Technology, Equipment

South Accounts for Lion’s Share of Factory Construction Boom

States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.

Alex Tanzi | Bloomberg News
June 3, 2024
Business, Technology, Autonomous, Global Freight

Einride Becomes Peterbilt’s Biggest BET Customer

Einride will buy 150 Model 579EV battery-electric trucks from Peterbilt, the truck maker’s biggest EV order so far, the companies said.

Keiron Greenhalgh | Staff Reporter
June 3, 2024
Business, Safety

Oregon Champ Shamrell Excited to Make Familiar Trek

After winning his 10th Oregon grand championship, FedEx Freight 3-axle driver Dan Shamrell is preparing to compete in his 18th NTDC.

Eugene Mulero | Senior Reporter
June 3, 2024