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

How Collapsed Section of I-95 Will Be Fixed

Pennsylvania Gov. Josh Shapiro said June 14 that crews will work 24 hours a day in Philadelphia to reopen a collapsed section of an important East Coast highway.

Marc Levy | Associated Press
June 14, 2023
Government, Business, Safety

Three More Sentenced in Staged New Orleans Crashes

Three more individuals have been sentenced over the past two months for their roles in staged crashes with tractor-trailers in the New Orleans area.

Eric Miller | Senior Reporter
June 14, 2023
Business, Equipment

Medium-Duty Truck Sales Rise 28.6% in May

U.S. retail sales for medium-duty trucks grew 28.6% in May compared with the year-ago period, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
June 14, 2023
Business, Equipment, Safety, For-Hire

UPS, Teamsters Agree to Install Air Conditioning in Trucks

The International Brotherhood of Teamsters says UPS Inc. has agreed to equip its delivery and logistics vehicles with air conditioning systems, a key point in contract negotiations. 

Dan Ronan | Senior Reporter
June 14, 2023
Government, Business, Technology, Fuel, TCA

Trump Hints He Would Pull Plug on EV Tax Credits, Incentives

While Georgia sits at the center of a surge in electric vehicle manufacturing, former President Donald Trump took aim at the state’s fastest-growing industry in a speech there.

Zachary Hansen and Drew Kann | The Atlanta Journal-Constitution
June 13, 2023
Government, Business, Logistics

N.J. Governor Wants Feds to Revisit NYC Toll Plan

New Jersey Gov. Phil Murphy is urging the federal government to re-examine New York City’s plan to start charging motorists driving into midtown Manhattan.

Michelle Kaske | Bloomberg News
June 13, 2023
Business, Technology, Equipment, Fuel, TCA

EVs Lose Range When Carrying Added Weight, AAA Test Shows

Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released June 13.

Charles E. Ramirez | The Detroit News
June 13, 2023
Government, Business, Logistics

Labor Chief Su Visits West Coast Port Talks

Acting Labor Secretary Julie Su is in California for talks with West Coast port employers and the dockworkers’ union in an effort to break an impasse in a long-running contract negotiation.

Jordan Fabian | Bloomberg News
June 13, 2023
Government, Business

Trucking Groups Urge Rejection of Rhode Island Tolling Appeal

Trucking and business groups have filed amicus curiae briefs, asking a federal circuit court to reject an appeal seeking reinstatement of Rhode Island’s trucks-only tolling plan.

Eric Miller | Senior Reporter
June 13, 2023
Government, Business

Consumer Price Growth Slows in May

WASHINGTON — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation.

Christopher Rugaber | Associated Press
June 13, 2023