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, Logistics

Canada Mandates New Dangerous Goods Transport Database

Canada is implementing a new database requiring registration by next year for people and companies transporting dangerous goods at a domestic site they own or operate.

Noël Fletcher | Staff Reporter
November 9, 2023
Business, Logistics, Global Freight

Container Shipping Set for Downturn, Hapag-Lloyd Chief Says

The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.

Brendan Murray | Bloomberg News
November 9, 2023
Business, Technology, Logistics, Private

Amazon to Expand Grocery Delivery

Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.

Matt Day | Bloomberg News
November 9, 2023
Business, Technology, Equipment, Safety

Wireless Hacking Demo Shows Tractor-Trailer Vulnerabilities

HOUSTON — A wireless hacking demonstration staged at the National Motor Freight Traffic Association's cybersecurity conference revealed the vulnerabilities of a tractor-trailer.

Connor D. Wolf | Staff Reporter
November 9, 2023
Government, Business, Safety

Parking Initiatives Boost Highway Safety, Executive Says

WASHINGTON — Enhancing parking availability for truck drivers would improve safety on the nation’s roadways, a senior Iowa trucking executive recently told senators.

Eugene Mulero | Senior Reporter
November 8, 2023
Business, Logistics

National Zoo’s Giant Pandas Depart for China via FedEx

A specially outfitted Boeing 777F dubbed the FedEx Panda Express transported the National Zoo’s three giant pandas to Chengdu, China, Nov. 8 and 9, with a refueling stop in Anchorage, Alaska.

Ashraf Khalil | Associated Press
November 8, 2023
Business, Logistics

GXO Beats Soft Freight Market With Earnings Gains for Q3

GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

Connor D. Wolf | Staff Reporter
November 8, 2023
Business, Logistics

$4 Million Lets Shipper Cut to Front of Line at Panama Canal

Japan’s Eneos Group paid $3.975 million in an auction Nov. 8 to jump to the front of the line at the congested Panama Canal waterway, a record high.

November 8, 2023
Business, Technology, Equipment, Safety

CVSA Adopts Policy Position on Beyond Compliance

The Commercial Vehicle Safety Alliance has adopted a slate of new policy positions, including in support of a “beyond compliance” concept. 

Eric Miller | Senior Reporter
November 8, 2023
Business, Equipment

Continental Slashes 2023 Truck Tire Sales Forecast

Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.

Keiron Greenhalgh | Staff Reporter
November 8, 2023