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, Fuel, Logistics

NTTC Appoints Herb Evans as Chairman

National Tank Truck Carriers has appointed Herb Evans as its chairman, the association announced June 12.

Connor D. Wolf | Staff Reporter
June 20, 2023
Government, Business, Technology, Equipment, Fuel

Biden Vetoes GOP-Led Truck Emissions Rule Rollback

President Joe Biden vetoed a proposal to roll back federal emission standards associated with heavy-duty commercial vehicles.

Eugene Mulero | Senior Reporter
June 20, 2023
Business, Logistics, Global Freight, TCA

Global Shipping Company ZIM Relocates US Headquarters

ZIM American Integrated Shipping Services, a global container shipping company, is set to relocate its U.S. headquarters from Norfolk, Va., to Virginia Beach.

Gabby Jimenez | The Virginian-Pilot
June 20, 2023
Business, Logistics, For-Hire

Roadrunner Bolsters Expansion Efforts With Eight New Lanes

Roadrunner opened eight new lanes across its network as part of a multiyear process to improve service offerings, the company announced June 20.

Connor D. Wolf | Staff Reporter
June 20, 2023
Business, Logistics, Breaking News

Truck Tonnage Slips 1.3% in May

Truck tonnage in May continued its downward year-over-year trend, dipping 1.3% when measured against the same month in 2022.

Dan Ronan | Senior Reporter
June 20, 2023
Business, Logistics

Expanding Business in a Slow Economy

SAVANNAH, Ga. — Now is the time for carriers to position their operations for a long-term balanced marketplace,  according to logistics experts.

Dan Ronan | Senior Reporter
June 20, 2023
Government, Business, Equipment, Fuel, Perspective

Driving Green Trucks Ahead at the Right Speed

It is troubling that the government is pushing the regulation of fleet electrification in a way that could slow down rather than accelerate electric adoption by truck customers.

Scott McCandless | Chairman, American Truck Dealers
June 20, 2023
Business, Technology

Rivian Adopts Tesla’s EV Charging Standard

Rivian Automotive Inc. will incorporate Tesla Inc.’s electric vehicle charging ports into future automobiles and gain access to its supercharger network.

Ed Ludlow | Bloomberg News
June 20, 2023
Government, Business

Ghosn Files $1 Billion Lawsuit Against Nissan

BEIRUT — Auto tycoon Carlos Ghosn has filed a $1 billion lawsuit against Nissan and about a dozen individuals in Beirut over his imprisonment in Japan, Lebanese officials said June 20.

Bassem Mroue | Associated Press
June 20, 2023
Government, Business, Technology, Logistics

Buttigieg Promotes ‘Green Corridors’ for Ocean Shipping

YOKOHAMA, Japan — An American push to establish “green shipping corridors” is key to reducing carbon emissions from the shipping industry, Transportation Secretary Pete Buttigieg said.

Mari Yamaguchi | Associated Press
June 20, 2023