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, For-Hire

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.

Connor D. Wolf | Staff Reporter
October 25, 2024
Business, Logistics, For-Hire, Global Freight, TCA

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.

Alex DeMarban | Anchorage Daily News
October 25, 2024
Business, Logistics, Global Freight, TCA

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.

dpa | Hamburg, Germany
October 25, 2024
Government, Business, Technology, Safety, TCA

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.

dpa | Hamburg, Germany
October 25, 2024
Business

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, 2024
Government, Business, Logistics, TCA

Port 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.

Tony Mcauley | The Times-Picayune | The New Orleans Advocate
October 25, 2024
Business, Technology, Safety

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.

Seth Clevenger | Managing Editor, Features and Multimedia
October 25, 2024
Business, Technology, Autonomous

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.

Ed Ludlow | Bloomberg News
October 25, 2024
Business, Technology, Equipment, Fuel

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.

Keiron Greenhalgh | Staff Reporter
October 25, 2024
Business, Technology, Equipment

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.

Keith Naughton | Bloomberg News
October 25, 2024