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

Bestpass Acquires Fleetworthy Solutions

Bestpass on Nov. 28 announced it is acquiring Fleetworthy Solutions Inc. 

Dan Ronan | Senior Reporter
November 27, 2023
Government, Business

NLRB Dismisses New York Union Case Against Tesla

Tesla Inc. has fought off allegations it illegally terminated dozens of New York employees in response to a unionization campaign.

Josh Eidelson | Bloomberg News
November 27, 2023
Business, Fuel

Gas Prices Now Below $3 in 14 States

Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.

Chunzi Xu | Bloomberg News
November 27, 2023
Business, Equipment

Volkswagen Tells Workers to Brace for Job Cuts

Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.

Monica Raymunt | Bloomberg News
November 27, 2023
Government, Business, Fuel

Oil Shows Signs of Softening Before OPEC+ Meeting

Ahead of the OPEC+ meeting on Nov. 30, there are indications oil supply is running ahead of demand, highlighting the challenge facing the cartel as it prepares to set output policy for 2024.

November 27, 2023
Business, Logistics

Panama Canal Adds Extra Queue-Jumping Auctions

The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which has become congested due to an ongoing drought.

Alex Longley | Bloomberg News
November 27, 2023
Business, Technology, Logistics, Autonomous

Trucking Firms Using Social Media Influencers for Promotion

Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.

Joe Dysart | Webology 101
November 22, 2023
Business, Technology, Logistics, Autonomous

How Logistics Can Transform With AI — and Not Lose Its Way

The buzz around artificial intelligence has a way of obscuring the most important conversations around it.

Maneet Singh | Chief Information Officer, Odyssey Logistics
November 22, 2023
Business, Technology

Cameras Help Fleets Reduce Liability, Gain Operational Value

Many fleets have adopted forward- and inward-facing cameras to coach drivers and reduce liability. Now the latest smart camera technology is taking things a step further.

Mindy Long | Special to Transport Topics
November 22, 2023
Business, Technology, Autonomous

Autonomous Trucks: A Tool for the Motor Carrier Toolbox

Autonomous trucks could unlock ­safety improvements and greater freight efficiency in the coming years, but they won't be a one-size-fits-all solution for the entire trucking industry.

Seth Clevenger | Managing Editor, Features and Multimedia
November 22, 2023