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

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.

David R. Baker | Bloomberg News
June 26, 2023
Government, Business, Technology, Fuel

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.

Julie Carr Smyth | Associated Press
June 26, 2023
Government, Business, Technology, Equipment

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.

Josh Boak | The Associated Press
June 26, 2023
Business, Technology, Equipment, Autonomous

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.

Seth Clevenger | Managing Editor, Features and Multimedia
June 26, 2023
Business, Technology, Safety, Fuel

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.

Seth Clevenger | Managing Editor, Features and Multimedia
June 25, 2023
Government, Business, Safety, Logistics

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.

Josh Funk | Associated Press
June 23, 2023
Business, For-Hire, Top 100

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.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Government, Business, Technology, Equipment, For-Hire, Top 100

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.

Stephen Bennett | Special to Transport Topics
June 23, 2023
Business, Technology, Safety, For-Hire, Top 100

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.

Dan Calabrese | Special to Transport Topics
June 23, 2023
Business, For-Hire, Top 100

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.

Mindy Long | Special to Transport Topics
June 23, 2023