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, Equipment

Executive Spotlight: John Reed, Aim Transportation Solutions

John Reed, chief information officer and vice president of technology at Aim Transportation Solutions and a 30-year company veteran, is passionate about programming.

November 22, 2023
Business, Technology

Transparency, Privacy Features Help Boost Camera Acceptance

Video-based safety systems are helping fleets prevent crashes and exonerate drivers, but successful deployment of this technology continues to hinge on driver acceptance.

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

Shippers Spend $235 Million to Bypass Panama Canal Jam

Shipping companies have paid a total of $235 million so far this year to jump ahead of the backlog at the Panama Canal, according to data from shipping agency Waypoint Port Services.

Ruth Liao | Bloomberg News
November 22, 2023
Business, Technology

Rivian CEO Adds Product Oversight to Responsibilities

Rivian Automotive CEO RJ Scaringe will take on an expanded role overseeing all product-related functions as the automaker prepares for the next generation of its electric vehicle lineup.

Ed Ludlow | Bloomberg News
November 21, 2023
Government, Business, Global Freight

Shippers to Europe Facing $3.6 Billion Carbon Bill in 2024

Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s likely to rise as Europe steps up efforts to combat climate change.

November 21, 2023
Business, Equipment

Trailer Orders Continue to Rise Sequentially in October

U.S. trailer orders rose for a fourth consecutive month in October, according to preliminary data released by ACT Research.

Keiron Greenhalgh | Staff Reporter
November 21, 2023
Business, Technology, Equipment, Fuel, Logistics, Autonomous

Terraline to Carry Out Prototype Class 8 Truck Tests in Q1

A prototype of a battery-electric Class 8 truck with an expected range of 500 miles is set to begin its first pilot tests in Florida in the first quarter of 2024, according to vehicle developer Terraline Inc.

Keiron Greenhalgh | Staff Reporter
November 21, 2023
Government, Business, Logistics

House Panel Advances I-27 Naming Bill

A freight route in Texas would formally be issued a name under legislation recently advanced by a committee in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
November 21, 2023
Business, Equipment, Fuel, Private

Reyes Coca-Cola to Deploy 20 eCascadias in California

Reyes Coca-Cola Bottling will deploy 20 Freightliner eCascadia Class 8 tractors, said Daimler Truck North America, the truck manufacturer’s parent company.

Keiron Greenhalgh | Staff Reporter
November 21, 2023
Business, Technology, Equipment

Ford Scaling Back Planned Michigan Battery Plant

Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union.

November 21, 2023