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, Safety, Logistics, Global Freight

Red Sea Chaos Has Shippers Bracing for Weeks Without Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks.

December 19, 2023
Government, Business, Technology

On Regulation Front, 2023 Was a Year of Wins and Losses

Over the last 12 months, Department of Transportation officials have been claiming safety gains, billions of federal dollars for infrastructure improvements, and more.

Eric Miller | Senior Reporter
December 19, 2023
Government, Business, Technology, Equipment, TCA

Rivian Chooses Construction Firm for Georgia EV Factory

Electric vehicle startup Rivian announced Dec. 19 it has chosen the construction firm to build its planned $5 billion factory an hour east of Atlanta.

Zachary Hansen | The Atlanta Journal-Constitution
December 19, 2023
Business, Technology, Equipment, Fuel

Trucking Can Help Shape EV Future in EPRI Collaborative

Trucking companies are being encouraged by the Electric Power Research Institute to seek its help preparing for the electrification of heavy trucks.

Noël Fletcher | Staff Reporter
December 19, 2023
Business, Safety

Driver Recruitment Rolls On Amid 2023 Freight Downturn

The demand for professional truck drivers continued to show signs of activity this year despite an overall slowdown in the freight market.

Connor D. Wolf | Staff Reporter
December 19, 2023
Business, Logistics, Breaking News

Truck Tonnage Falls 1.2% in November

Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.

Dan Ronan | Senior Reporter
December 19, 2023
Government, Business, Technology

White House Backs Effort to Standardize Tesla Charging Plugs

The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.

Alexa St. John | Associated Press
December 19, 2023
Government, Business, Safety, Logistics, Global Freight

Maersk Sails South of Africa to Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

Christian Wienberg | Bloomberg News
December 19, 2023
Business, Logistics, Private

Retailers Improve Delivery Speeds

Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.

December 19, 2023
Business, Logistics, Global Freight

Deutsche Bahn to Sell Logistics Unit Schenker

BERLIN — Germany’s main national railway operator, Deutsche Bahn, on Dec. 19 launched an effort to sell its logistics unit, DB Schenker, as the company concentrates on its core business.

December 19, 2023