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