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, Equipment, Breaking News

May Class 8 Sales Up 16.4% Year-Over-Year

U.S. Class 8 retail sales in May rose 16.4% from a year ago and also saw a month-to-month gain, Wards Intelligence reported.

Connor D. Wolf | Staff Reporter
June 13, 2023
Business, Safety, Logistics

Reopening I-95 in Philadelphia Will Take Months

PHILADELPHIA — Pennsylvania Gov. Josh Shapiro said a complete rebuild of a damaged section of I-95 would take “some number of months,” but officials are looking at interim solutions.

June 12, 2023
Government, Business, Safety, Fuel

South Dakota, Nebraska Pause HOS Mandates

Diesel and gasoline shortages prompted the governors of Nebraska and South Dakota to issue emergency executive orders temporarily waiving federal HOS mandates for fuel haulers.

Noël Fletcher | Staff Reporter
June 12, 2023
Business, Technology, Logistics, Top 100

GXO Launches Multiyear Expansion in Germany

GXO Logistics launched a multiyear plan to expand operations in Germany, the company announced June 8.

June 12, 2023
Business, Technology, Fuel

More Charging Companies Plan to Be Compatible With Tesla

Tesla Inc.’s charging technology won more backers as a handful of players in the electric vehicle power industry said they would offer compatible equipment.  

David Welch | Bloomberg News
June 12, 2023
Government, Business, Logistics, TCA

Ship and Sip? Bill Would Let USPS Mail Alcohol

Wine- and brewing-industry officials are supporting the USPS Shipping Equity Act, legislation that would allow alcohol to be shipped via the U.S. Postal Service.

Marc Bona | cleveland.com
June 12, 2023
Business, Technology, Equipment, Fuel

Medium-Duty Segment Offers Entrée to Fleet Electrification

With its potential use and broader recharging capabilities, the medium-duty truck market will adopt battery-electric vehicles faster than the heavy-duty one will, experts say.

Steve Brawner | Contributing Writer
June 11, 2023
Government, Business, Equipment, Safety, Logistics

New York City to Test Microhub Final Dropoffs

New York City officials will experiment this summer on a new system using delivery trucks to drop goods at special off-street or curbside microhubs.

Noël Fletcher | Staff Reporter
June 11, 2023
Business, Logistics

Port Management Claims Unrest Has Shut Down Port of Seattle

The Pacific Maritime Associations claims that significant labor unrest by the International Longshore and Warehouse Union has shut down the Port of Seattle.

Dan Ronan | Senior Reporter
June 11, 2023
Business, Safety, Fuel, Logistics

Section of I-95 in Philadelphia Collapses From Fire

PHILADELPHIA — An elevated section of Interstate 95 collapsed early June 11 after a tanker truck carrying flammable cargo caught fire, closing the segment indefinitely, authorities said.

Ron Todt | Associated Press
June 11, 2023