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.

Government, Business, Safety

Experts Share Tips for Combating Predatory Towing

PHOENIX — States are taking aim at towing companies that prevent carriers from accessing cargo in a trailer after a rig has been dropped off after a tow, a panel of insurance experts said.

Dan Ronan | Senior Reporter
May 23, 2023
Business, Logistics, Breaking News

Tonnage in April Drops 3.4% Year-Over-Year

Truck tonnage in April fell on both an annual and month-to-month basis as freight activity remains slow, American Trucking Associations said May 23.

Dan Ronan | Senior Reporter
May 23, 2023
Business, Logistics

Ports Record Steep Drops in April Cargo

The slump in container volumes at ports on the East and West coasts continued in April as some of the largest facilities saw year-over-year double-digit drops.

Dan Ronan | Senior Reporter
May 23, 2023
Business, Logistics, For-Hire

Impact of a Potential UPS Strike Looms Large

Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.

Matt Ott and Haleluya Hadero | Associated Press
May 23, 2023
Business, Technology

Volvo Signs Green Power Deal for Vattenfall Wind Power

Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.

John Ainger | Bloomberg News
May 23, 2023
Government, Business, Technology, Safety, Autonomous

Waymo, Uber Team Up on Robotaxis in Phoenix

Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars.

Michael Liedtke | Associated Press
May 23, 2023
Government, Business, Safety

Washington Passes Bathroom Access for Truckers Law

Starting July 23, a new law in the state of Washington will grant truck drivers expanded access to existing bathrooms operated by shippers and receivers.

Noël Fletcher | Staff Reporter
May 22, 2023
Business, Technology, Logistics, For-Hire

Schneider Debuts Transportation-Focused Innovation Center

Schneider National has opened a new facility aimed at spurring innovation in the transportation sector, the company announced May 17.

May 22, 2023
Government, Business, Fuel, TCA

Minnesota’s $1.3B Transportation Deal Includes Gas Tax Hike

Minnesota lawmakers on May 21 sent the governor a $1.3 billion deal that would index the gas tax to inflation and bolster the state's extensive transportation network.

May 22, 2023
Government, Business, Fuel, TCA

Challenges Seen for California’s Advanced Clean Fleets Rule

Clean transportation advocates are in a race to transform the trucking industry in California to meet a mandate requiring zero-emission vehicles by 2035, and the challenges are many.

Skip Descant | Government Technology
May 22, 2023