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.
Nth Cycle to Open Ohio Plant to Reclaim Battery Metals
Startup Nth Cycle is opening its first full-scale plant in Fairfield, Ohio, to produce a mix of nickel and cobalt — key ingredients of the lithium-ion batteries that power electric vehicles.
As Fuel Taxes Plummet, States Weigh Charging by the Mile
COLUMBUS, Ohio — Evan Burroughs has spent eight years touting the virtues of an Oregon pilot program charging motorists by the distance their vehicle travels rather than the gas it guzzles.
USDOT Awards $1.7 Billion to Buy Electric Buses
WASHINGTON — The U.S. Department of Transportation is awarding almost $1.7 billion in grants for buying zero- and low-emission buses, with the money going to transit projects in 46 states and territories.
Samsara Launches Investment Fund for Industry Startups
AUSTIN, Texas — In addition to expanding its own product offerings, Samsara is investing in other technology companies that are developing innovative products and services.
Samsara Expands Connected Fleet Technology
AUSTIN, Texas — Samsara is expanding its connected fleet technology with new features designed to support more proactive driver coaching among the advancements.
Union Rep Says Norfolk Southern Has Cut Back on Inspections
Freight railcar inspections are happening less often and are not as thorough as in the past due to staff cuts, time constraints and regulatory loopholes, a union official testified June 23.
Industry Sector Rankings Show Growth, Acquisitions by Carriers
Most of North America’s largest for-hire carriers operating in many diverse segments of the trucking industry reported higher revenues last year.
Fleets Turn to Tech to Manage Complexity of Regulatory Compliance
With more drivers and equipment to manage, some fleet operators have implemented technology to help navigate the complexity of the industry’s regulations and better manage safety audits.
Industry Stakeholders Take Aim at Truck Parking Shortage
According to reports from the American Transportation Research Institute, truck parking has been one of the industry’s top concerns for several years.
The Truckers of Tomorrow
In the years ahead, the essential task of hauling the nation’s freight and keeping the economy rolling will increasingly shift to a new generation of professional truck drivers.