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, Technology

Ford Cuts Electric F-150 Plans in Ominous Sign for EV Market

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.

Keith Naughton | Bloomberg News
December 12, 2023
Government, Business

60 Seconds: FMCSA Administrator Set to Appear Before House Panel

Federal Motor Carrier Safety Administration's Robin Hutcheson will discuss implementation of the 2021 infrastructure law. Read more in Capitol Agenda.

December 12, 2023
Government, Business, Safety, Logistics

Congressional Committees Eye Water Resources Act for 2024

Legislation meant to improve connectivity along the nation’s commercial waterways is on transportation policymakers’ radar for 2024.

Eugene Mulero | Senior Reporter
December 12, 2023
Government, Business, Safety

FMCSA Issues Notice of Sexual Assault Enforcement Policy

FMCSA has issued a notice of enforcement policy that regulations require disqualification of drivers convicted of using a commercial motor vehicle to commit felony sexual assault.

Eric Miller | Senior Reporter
December 12, 2023
Business, Technology, Safety

REPLAY: SECURE - Learning Sessions for Technology and Operations Executives

Is your fleet up-to-date on cybersecurity best practices for employees? What tools might offer your company more protection from cyberattacks? And, how can you best safeguard your company, your employees, and yourself?

December 12, 2023
Government, Business, Fuel

BP Asks Regulators to Aid in Venture Global LNG Cargoes Feud

BP asked U.S. energy regulators to intervene in its fight with Venture Global LNG over liquefied natural gas cargoes, escalating a feud that’s roiled the market for the super-chilled fuel.

Ruth Liao | Bloomberg News
December 12, 2023
Government, Business, Technology

New York Commits $1 Billion to Albany Chip Development

New York will spend $1 billion to expand research into chip technology in Albany, hoping to make the region a center of chip research and manufacturing, Gov. Kathy Hochul announced Dec. 11.

Maysoon Khan | Associated Press
December 12, 2023
Business, Technology, Equipment, Fuel

GM, Autocar Team Up on Hydrogen Fuel Cell-Powered HD Trucks

Automotive giant General Motors is to team up with Birmingham, Ala-based Autocar Industries to develop a range of hydrogen fuel cell-powered heavy-duty vocational trucks, the companies said.

Keiron Greenhalgh | Staff Reporter
December 11, 2023
Business, Equipment, Fuel, Perspective

Perspective: As EVs Evolve, Don’t Overlook Aerodynamics

Fleets looking to improve the efficiency of their operations should not overlook how improving the aerodynamic properties of their trucks can generate immediate returns.

Chris Stadler | Product Manager, Volvo Trucks North America
December 11, 2023
Business, Fuel

Truck Manufacturer JV Opens First Heavy-Duty EV Charging Hub

Milence opened phase one of its first heavy-duty vehicle charging hub in the Dutch town of Venlo, it said recently.

Keiron Greenhalgh | Staff Reporter
December 11, 2023