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.
Saia Reports Q3 Revenue Growth Amid Network Expansion
Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.
Anchorage’s International Airport Adds 5 Carriers
The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.
German Shipping Giant Hapag-Lloyd Posts Higher Profits
HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.
Hyundai Nexo SUV Recalled Over Potentially Explosive Leak
Hyundai is recalling its hydrogen-powered Nexo SUV model in the United States for a fix after safety watchdogs warned of a potentially explosive fuel leak.
Understand Truck Driver Pay for More Informed Decision-Making and Negotiating
Many factors contribute to a fleet's ability to attract and retain drivers, and pay tops the list. Often, drivers will naturally look to it as the differentiating factor in a job.
October 25, 2024Port of New Orleans Names CEO
Beth Ann Branch of Port of Mobile was chosen as the next CEO of the Port of New Orleans and Public Belt Railroad, putting a former Gulf Coast rival at the helm in New Orleans.
Samsara Releases AI-Enabled Drowsy Driving Detection
Fleet technology provider Samsara has released a new safety feature that proactively detects and mitigates drowsy driving through artificial intelligence.
Waymo Closes $5.6 Billion Funding Round
Waymo, Alphabet Inc.’s autonomous driving unit, raised $5.6 billion from investors, its largest-ever funding round.
Tesla Targets Full Semi Production by End of 2026
Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.
VW’s Scout Motors Adds New Hybrid Models
Volkswagen AG’s forthcoming Scout line of battery-powered sport utility vehicles and pickup trucks is adding gasoline-fueled internal combustion engines to the mix.